Coming to Las Vegas for the 2022 NFL draft next April? Prepare to pay as much as three times more for a room in a Strip hotel compared to May.
Paris Las Vegas has rooms starting at $574 the night on Friday, April 29, according to Hotels.com. The Mirage priced its rooms at $499 while Wynn Las Vegas guests will pay $699. And expect the hotels to be at full capacity, said Alan Feldman, a distinguished fellow at UNLV’s International Gaming Institute, according to the Las Vegas Review-Journal.
“It’s going to be a very big weekend,” Feldman said. “It’s a very significantly hyped event, and the fact that it’s going to be back for the first time in full force in Las Vegas is going to be an incredible … sort of turbo boost. I think it’s going to be a big deal for all the right reasons.”
The effects of the Covid-19 pandemic will likely play a role in the pricing gap as well because Las Vegas rooms have yet to fully rebound to pre-pandemic rates. A recent report from the Las Vegas Convention and Visitors Authority found that the average daily room rate on the Strip in March was $104.40, down 34 percent year-over-year.
“Las Vegas is uniquely positioned to host an NFL Draft event that’s bigger and better than ever,” said Chris Holdren, Caesars Entertainment Inc.’s co-president of Caesars Sports and Online Gaming.