Hudson Securities' Las Vegas Strip Room Rate Tracker

Each week Hudson Securities tracks published room rates for all major Las Vegas Strip resorts. They also take a more detailed look at Aria, Vdara, Bellagio, and Cosmopolitan as they find these properties worthy of additional analysis given their importance to Strip pricing dynamics. The analysts reported: • Aria increased asking rates for nine days during our survey and decreased asking rates for only two days. • Vdara increased asking rates on one day throughout the 3-month survey and decreased asking rates for two dates. • Bellagio increased asking rates for six days in the 3-month survey window and decreased asking rates for three days. • Cosmopolitan's average asking rates were up in fifteen days in the 3-month survey. The analysts added, “In our weekly tracking survey, we are seeing strong May and June weekend rates at CityCenter and Bellagio. Midweek has been softer as the convention calendar typically slows heading into the summer. July pricing remains well below 1H11 levels, reflecting this seasonality.”