Condo or timeshare owners inside resort properties on and around the Strip are renting out their places on short-term rental sites.
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Despite diminished foot traffic from the pandemic, taking care of the lifts is still a “nonstop” operation.
Despite hurdles from lawmakers, Airbnb and other short-term rentals expect to expand their footprint in Clark County even more in the coming years.
Strip resorts may have lost out on as much as $150 million in revenue last year as more visitors to Las Vegas book accommodations through Airbnb, according to a new report.
While the Southern Nevada casino industry enjoys a burst of prosperity and development, it also may be facing a tide of negative sentiment from loyal casino customers regarding high resort fees and paid parking policies at Strip casinos.