“Vegas has definitely hit the saturation point with nightclubs,” said Noah Tepperberg, co-founder of TAO Group. “A lot of what’s coming online seems to be smaller venues.”
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According to a 2018 report from the Las Vegas Convention and Visitors Authority, bars and lounges are showing to be more popular than night clubs in the valley. While 7 percent of respondents said they went to a hotel nightclub, 52 percent made a stop at a hotel bar or lounge. Additionally, the number of visitors who said they’d visited a hotel nightclub with a cover dropped from 13 percent to 7 percent between 2017 and 2018. Matthew Minichino, vice president of nightlife and daylife for Hard Rock International