Las Vegas room rates still soft, survey shows



Weakness in hotel-room prices for Las Vegas is persisting past October into November, according to a research note published Friday by Truist Securities. Truist analyst Barry Jonas characterized fourth-quarter rates as “a seesaw.” MGM Resorts International and Caesars Entertainment weren’t performing up to par, while high-end Wynn Resorts was “meaningfully outperforming” the market. Jonas attributed… Read more »

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