Formula One Las Vegas Grand Prix weekend room rates on the Strip continue to decrease one week out from the inaugural race.
In a little over a year some room prices the Las Vegas Review-Journal has been tracking at four Caesars Entertainment properties have fallen as much as 75 percent leading up to race weekend Nov. 16-18., since first posted in November 2022.
Here’s how a four-day stay (Nov. 16-19) at four Caesars Entertainment properties (tax and fees included) have changed in just over a year’s time.
Note: Paris Las Vegas has apparently sold out, with Caesars Entertainment’s website listing no available rooms for the dates. On Monday, Paris still had listed availability, with the four-day stay price listed at $1,076.03, 29 percent cheaper than Oct. 16.
The Linq Hotel
— Nov. 2, 2022: $2,694.87;
— Sept. 14: $1,395.54;
— Oct. 16: $810.55;
— Thursday: $778.58.
That’s a 71 percent decrease from November 2022 and a 4 percent decrease in the past month.
Paris Las Vegas
Nov. 2, 2022: $3,497.60;
— Sept. 14: $1,837.66;
— Oct. 16: $1,513.45;
— Thursday: Sold out.
Planet Hollywood
Nov. 2, 2022: $4,336.61;
— Sept. 14: $1,791.18;
— Oct. 16: $1,524.79;
— Thursday: $1,082.61.
That’s a 75 percent decrease from November 2022 and a 29 percent decrease in the past month.
Caesars Palace
Nov. 2, 2022:$5,323.02;
— Sept. 14: $$3,383.71;
— Oct. 16: $$2,420.49;
— Thursday: $$2,182.39.
That’s a 59 percent decrease from November 2022 and a 10 percent decrease in the past month.
The three properties with rooms remaining Thursday combined saw an average price decrease of 68 percent since Nov. 2, 2022.
This is a developing story. Check back for updates.
Contact Mick Akers at makers@reviewjournal.com or 702-387-2920. Follow @mickakers on X.
Original News Source Link – LVRJ
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