The lowest Las Vegas hotel prices of 2026 failed to fill rooms in August, a Wednesday tourism report showed.
Las Vegas visitors fell to 3.03 million in August, down 4.3% from August 2025 and 136,700 fewer than in July. A Tuesday report from Harry Reid International Airport also showed passenger counts dropped 9% year-on-year.
The average daily rate fell to $150.32, about $7 less than in July, but occupancy struggled at 74.1%, down 3.4% from August 2025. Weekend occupancy was higher at 85.5%, while midweek fell to 69.4%.
On the Strip, the average daily rate was $153.15 and occupancy was 77.0%. Downtown, rooms averaged $85.68, with occupancy just above half at 53.0%.
Revenue per available room was down 11.5% for the month, with hotels making $111.39 per available room, $10 less than in July.
Slumping tourism has not dented casino winnings, however, with the statewide gaming win up 3.1% in August. But resorts that rely on filled rooms are feeling the decline, with occupied room nights down 3.7%, or 134,400, according to the LVCVA.
Convention attendance rose 6.0% to 622,700, with shows including Def Con 2026 and Black Hat.
Domestic air travel was hit hardest, down 10.2%, with Southwest, the biggest carrier in Las Vegas, carrying 4.6% fewer passengers and Delta 8.8% fewer. Through the first eight months of 2026, domestic and international passenger counts are both down about 7%.
M Resort Las Vegas, owned and operated by Penn Entertainment, has completed the construction of a second hotel tower
