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Las Vegas Tourism Thrives Despite Rising Costs

Sin City’s Boom Continues With Record-Breaking Tourism and Gambling Budgets

Las Vegas Tourism Thrives Despite Rising Costs
UNITED-STATES, NEVADA, LAS VEGAS. | ALIZEE PALOMBA / ONLY WORLD / Only France via AFP

Vegas Stays Winning 💸

One thing about Vegas? People show up and show out. Whether it’s locals, visitors from neighboring states, or international tourists, Las Vegas is not slowing down despite what people might think.

According to a report from the Las Vegas Convention and Visitors Authority, despite rising costs for visitors, Las Vegas tourism is booming. The report showed that lodging costs were at an all-time high last year (a whopping 57% higher than pre-pandemic rates, with an average of $179 a night). As a Vegas local, this isn’t surprising one bit.

The city’s effort to lean into more luxury amenities is undoubtedly a huge contributing factor—I mean, of course, rates will go up when you get rid of dingy hotels in favor of massive resorts like the Fontainebleau. Not only that, but the demand is high.

 

Vegas is where it all happens—its gambling scene and entertainment are truly unmatched. With cutting-edge venues like The Sphere and luxury casino resorts like Fontainebleau, the city is a magnet for high rollers from all over. And according to the report, the area’s 150,612 hotel rooms had an 83.6% occupancy rate, so the higher prices are clearly not scaring people away.

What Happens in Vegas, Stays in Vegas…

As for casino news, gaming budgets have actually risen to $820 in 2024, compared with $591 in 2019. That’s an extra $230 on average to spend on poker games. And when it comes to food and drinks, visitors are now spending an average of $615.07 per trip, compared to $410.74 in 2019 and $462.37 in 2021.

Another interesting detail? Visitors are more satisfied than ever. With the increase in luxury amenities, top-tier entertainment, and high-end gaming, repeat visitors are making up a larger chunk of Las Vegas’ draw than ever before. About 14% of the 41.7 million total visitors made their first trip here in 2024; in 2019, 25% of visitors were first-time travelers to Las Vegas. The report even states that the vast majority of international visitors were “very satisfied” with their experience.

Just like in most of the country, prices seem to be going up on everything, but for some reason, Vegas isn’t taking a massive hit like some other destinations. However, if you’re not quite itching to make the trip out to a Las Vegas casino, you can visit our online casino, where you can play for real money and recreate some of the Vegas magic—without the hefty lodging and travel expenses.

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