Las Vegas Hotel Prices – Getting the Best Rate

Over the last two decades, Las Vegas has developed into one of the fastest growing tourist towns in the United States – if not the world. Dozens of high end hotels, each more involved and dramatic than the last, have been constructed with many more currently in the planning stages of development. Las Vegas unique hotels, combined with gambling casinos and a party atmosphere have made Las Vegas a hot destination for fun seekers. However, like other tourist cities, competition has created wildly fluctuating hotel prices. Calculate in the dramatic climate changes in Las Vegas located in Nevada’s desert and the profit associated with gambling, and hotel prices can vary by hundreds of dollars for identical suites.

With the construction of huge, high end entertainment facilities that combine hotels, casinos, restaurants, entertainment facilities, retail space, and dozens of other amenities under the same roof, the competition among Las Vegas hotels has created a dramatic local economy.

The Las Vegas traveler is the winner as Las Vegas hotels compete to offer bargain hotel prices to guarantee a steady stream of customers while maintaining a high enough market value to guarantee a profit.

Las Vegas, Nevada is a city famous for gambling, big players, and big spenders and the city has worked hard to create an atmosphere that caters to these high rollers. Local hotels offer high end amenities including name brand retail fronts, five star dining options, and world case entertainment in order to draw these wealthier tourists to town.

Surprisingly, the hotel guests that gamble for big stakes (whales as they are locally known) often pay next to nothing for their hotel accommodations. This is happens because the big spenders often come to Las Vegas only to gamble. Since the house holds a huge advantage over every gambler, the casino most often ends up the winner. Sometimes a single gambler can lose hundreds of thousands of dollars in a single night. Therefore, each hotel, which also contains a casino, wants these whales to stay at their hotel and use their hotel casino. Because of this, Las Vegas hotels offer these big spenders huge discounts on suites because the count on them to spend ten times the value of the suites at their amenities. Because Las Vegas hotels want to attract both the discount spenders and the big spenders this creates a huge variance in Las Vegas hotel prices.

The Nevada desert climate is another factor in local hotel rates. Las Vegas is located in the middle of one of the hottest deserts in the United States and the hotels offer huge discounts during the hotter summer months in order to draw tourists to the uncomfortable climate. For all of these reasons, there are huge variances between Las Vegas hotel prices.