Airbnb Occupancy Rate in Las Vegas, United States, Data & Trends 2026

Over the June 2025 to May 2026 analysis period, Las Vegas averaged 59% occupancy, just below the United States city average of roughly 60% in this dataset, with around 213 nights booked per year. ADR sat at $171 (188 EUR), under the national average of about $202, while average monthly revenue reached $2,819 (3,101 EUR) per listing. Seasonality measured 38%, meaning the gap between peak and trough months is moderate rather than extreme, consistent with an event-driven market that stays busy much of the year.

The figure to watch is revenue growth: year-on-year income fell 12%, a steeper decline than most US markets in the same dataset. That points to softening rates against rising or shifting supply, so operators here should price aggressively around the event calendar and not assume last year's numbers will repeat.

Las Vegas runs on a near-constant flow of leisure tourists, convention delegates and event-goers drawn to the Strip casinos, residencies, sporting fixtures and the city's huge trade-show calendar. Short-term rental demand splits between two distinct guests: visitors who want a full house with a pool for a bachelor or bachelorette weekend, group trip or pool party, and business travellers priced out of inflated hotel-room rates during big conventions. Because so much demand is event-driven rather than seasonal in the usual sense, occupancy and rates move sharply around the convention and motorsport calendar.

The market also reflects local supply reality: with unincorporated Clark County prohibiting most rentals, legal inventory clusters in the City of Las Vegas, Henderson and a handful of permitted pockets, which keeps the count of compliant listings relatively low and gives well-run, properly licensed homes a structural advantage.

The Strip and surrounding Paradise area command the highest nightly rates and the strongest event-week demand, but legal whole-home rental supply there is thin and dominated by high-rise condos. Downtown, the Arts District and the Fremont Street corridor offer a more local, walkable scene and draw guests who want character over casino glamour, often at lower ADRs than Strip-adjacent stays.

Summerlin, on the western edge against Red Rock Canyon, and Henderson to the south-east are the master-planned suburbs where most spacious, pool-equipped houses sit; they suit groups, families and longer stays, with Lake Las Vegas in Henderson adding a resort niche. These outer areas trade walkability for square footage and parking, and are where compliant single-family listings are most achievable given the county-wide restrictions closer in.