![]() ![]() The Las Vegas Review-Journal reported that average daily room rates for Strip resorts hit record highs in 2022, topping $200 a night in October during a busy convention month.įor the year through November, the average rate was $170.45, the highest in history, and did not include add-on resort fees or account for complimentary rooms provided to high-rollers, the newspaper said. Explore dining, gaming, live entertainment and world-famous The. The lawsuit didn’t identify the former employees. Circus Circus Hotel & Casino on the Las Vegas Strip is your family-fun vacation destination. ![]() ![]() The court filing said two former Rainmaker employees told attorneys the company’s products are used by 90% or “just about every” property on the resort-lined Las Vegas Strip. “In effect, the firms themselves don’t directly share their pricing strategies,” she said, “but that information still ends up in common hands, and that shared information is then used to maximize market-wide prices.” “We even have an old-fashioned term for it,” Ohlhausen said, “the hub-and-spoke conspiracy.” She said companies provide their pricing data to “a common, outside agent” that uses the information to program its algorithm “to maximize industry-wide pricing.” ![]()
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