Las Vegas Strip Resorts Accused Of Fixing Hotel Room Prices

A federal lawsuit was filed in U.S. District Court in Las Vegas on Wednesday, January 26, which alleges that Las Vegas Strip resorts used an outside vendor to fix hotel room prices beginning in 2019.

According to an article written by Ken Ritter on WPXI.com, the outside vendor accused of using “algorithmic-driven price-fixing … at the expense of consumers and in violation of antitrust laws,” is Rainmaker Group Unlimited. They are a revenue management group owned by a company based in Boca Raton, Florida named Cendyn Group.

Per Ritter's article, "[t]he lawsuit was filed on behalf of plaintiffs Richard Gibson and Heriberto Valiente by attorneys from the law firm of Hagens Berman Sobol Shapiro in Seattle and Berkeley, California. They are hoping to end up making this a class action lawsuit seeking unspecified monetary damages. They are basing their allegations on what they believe are "antitrust violations of the federal Sherman Act" by Las Vegas Strip resorts.

So, what is an algorithm, and how does it apply in this lawsuit? Ritter's article explains the lawsuit identifies information in a 2017 speech by Maureen Ohlhaussen, a former Federal Trade Commission acting chairperson. In her speech, she "defined a computer algorithm as a set of rules or instructions that can model thousands of 'extremely complex and nuanced behaviors' in a fraction of a second 'and react almost instantaneously to changes.'”

The Las Vegas Review-Journal was sourced in Ken Ritter's article as reporting: "that average daily room rates for Strip resorts hit record highs in 2022, topping $200 a night in October during a busy convention month." The Review-Journal went on to report that the average room rate in our city was the highest in history through November 2022, at 175.40 per night.

Las Vegas Strip resort companies which were identified in the lawsuit in this alleged hotel room price fixing conspiracy include MGM Resorts International, Caesars Entertainment, Wynn Resorts, and Treasure Island. If the lawsuit is successful, it will negatively affect their profit margins, and I am sure these casino giants will fight it with everything they have. Stay tuned...

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Larry Martino is the long-time Afternoon Drive personality on 96.3 KKLZ. The views and opinions expressed in this blog are those of Larry Martino and not necessarily those of Beasley Media Group, LLC.

If you're a Las Vegas veteran then you know that The Strip has some of the fanciest hotel rooms in the world. But hidden in the outskirts of the shiny Strip are some of the coolest Airbnbs in Las Vegas

From mid-century modern, classic casino style and even over-the-top tacky, these Airbnbs are for the Vegas traveler who want to see a different side of Sin City.

If you're planning a Vegas trip soon, and you've tried the hotels before then we recommend to give an interesting Airbnb a shot! Grab a group of your friends and go big on a nice Airbnb that will make you feel like you're on a resort. This list is also for Las Vegas locals who are looking for a staycation away from their everyday scenery.

But, if you plan to stay at one of these Airbnbs, we want to make something clear. Don't expect to throw a raging party with people from wall to wall. Recently, the connection between Las Vegas and Airbnb made news in the past year when the company proposed a global ban on all parties. When this rule was implemented, Airbnb said reports of parties decreased by 77% in Las Vegas alone, according to Channel 8.

In fact, Clark County took extra measures to enforce this rule. There's a 24-hour phone number to report issues to the county and code enforcement officers to investigate these "party complaints."

So, it's safe to say that renting an Airbnb in Las Vegas doesn't mean you're turning the property into a "Project X" part two movie anytime soon. But despite this little rule, staying at an Airbnb is an experience that exceeds that glitz, glamour and grandeur of The Strip.

Below are some of the coolest Airbnbs in Las Vegas that will give you a different trip that isn't regular. See the fun list below of these cute, fun and amazing properties.

Spend some time at this amazing listening that's about a 10 minute drive from The Strip. According to the listing, "The large garden is great for lounging, and includes a pool and spa, koi pond, firepits, and a large tipi."

This is a nice get-away for locals or for tourist who are looking for a quieter, more relaxing Vegas vibes.  The timeless hacienda style home makes this a tranquil stay and it's great for a family trip, too. Check out the listing below to see the home's interior photos and to meet the host! This spacious property will cost you, however. A one night's stay at the Desert Rose will set you back $606 a night, according to the last listed price. 

https://www.airbnb.com/rooms/39697242?source_impression_id=p3_1657292952_S10rb4F33v0kq5TJhttps%3A%2F%2Fwww.airbnb.com%2Frooms%2F39697242%3Fsource_impression_id%3Dp3_1657292952_S10rb4F33v0kq5TJ

The name speaks for itself. This Airbnb is truly the dream stay for those who love vintage Vegas.

According to the host, "Completely restored and remodeled in true Mid Century style. Luxe Vegas is Rat Pack Perfection. My vintage home is good for couples, Mid Mod enthusiasts, artists, cool cats and kittens, business travelers and families." 

The interior is amazing with pops of brightly colored furniture perfectly accenting the crisp white walls. You need to see the listing and the entire properly. Click the embed link below to see! A stay here will cost you about $142 a night,

https://www.airbnb.com/rooms/14383804

This 6,000 sq. ft. home is located on a lush landscape with an amazing pool, waterfall and spa. It's an amazing Airbnb for any type of traveler. 

Located 1.5 miles from The Strip, this home will offer a gourmet kitchen, soaking tubs, entertainment outside and inside while giving you a luxurious experience off The Strip! See this glamorous listing below. And how much will this cost you? Well, it's not corner motel by any means. One night will run you about $1,146 a night.

https://www.airbnb.com/rooms/14962976

Located in the famous Palms Casino and Resort, this penthouse is for those who want to experience Vegas the "right" way.

It's perfect for any type of major celebration, milestone or simple enjoyment of life. It's the true Vegas villa vibe and it's over-the-top, excessive and a must-visit on any bucket list. The price? This will cost $1,271 a night.

https://www.airbnb.com/rooms/20730952

Although this Airbnb isn't located in Las Vegas, we had to put this property on the list because it's simply amazing. This quaint little house is located about an hour outside of Vegas on the beautiful Sandy Valley Ranch. This little house in right in the Mojave Desert, and it's perfect for a little weekend get-away. Since it's located in a remote part of Nevada, this is probably more for locals or other Nevadans.

"Enjoy the tranquility of the Mojave Desert and gaze at the sea of stars. We are near Death Valley, Tecopa hotsprings and GoodSprings home of the famous Pioneer Saloon," the listing states. 

To stay at the Peacock Tiny House, it will cost you $126 a night.

https://www.airbnb.com/rooms/16585224