Key Points:
- The most expensive hotels on the Strip over my random sample of dates were Encore, Wynn, and Palazzo.
- Luxury resorts that are often less expensive include Delano, Crockfords at Resorts World, and Aria.
- Downtown, the most expensive hotel was Circa, which was much cheaper than peer resorts on the Strip
Ever heard the old saying “You get what you pay for”? Well, the same is true for hotels in Las Vegas.
While there’s a resort for all tastes, interests, and budgets, this article will focus on the best of the best – The most expensive hotels in town.
Methodology: I’ll be comparing rates for 10 randomly selected nights that land on both weeknights and weekends.
Of course, I’ll be looking at the same 10 dates for all resorts to ensure an apples-to-apples comparison.
I’ll be looking specifically at pricing for each resort’s baseline, or standard room offering. Resort fees will be baked into the nightly rate calculation.
With that information, I’ll be able to determine an average nightly rate to identify the most expensive options.
Keep in mind that rates for your dates of travel could be significantly more or less depending on the time of the week, the convention schedule, etc. In fact, some of these top-tier resorts can be had for next to nothing mid-week at times.
I’ve also personally stayed at nearly every resort on this breakdown and will link out to my hotel reviews which are chock full of pictures, video, and strong opinions.
7 Spendiest Hotels on the Strip
While these hotels are ranked from most to least expensive, the order tends to be pretty fluid, depending on what events, concerts, or sporting events are in town at any given time.
Encore
Situated on the north end of the Strip, Encore exudes the luxury that the Wynn Resorts brand is known for.
In addition to stunningly designed & maintained guestrooms, the resort as a whole is known for its opulent pool, high-end shopping, and numerous upscale dining options. Luxury is found around every corner at Encore and no detail is ignored.
At an average nightly rate of $673.70, Encore isn’t cheap, but it is worth it if you want the best of the best.
My wife and I recently stayed at Encore – Check out my Encore hotel review!
Wynn
Slightly less expensive than Encore, Wynn came in at an average nightly rate of $638.70.
A common theme in this breakdown of spendy hotels is recent renovation work, and Wynn is no exception. Wynn’s 2,674 rooms were all recently touched as part of a $200 million project that was the brainchild of Wynn’s Chief Creative Officer Todd-Avery Lenahan.
You won’t be disappointed.
While at Wynn, consider checking out their feature show, “Awakening”, which I recently saw and found to be visually stunning.
I recently stayed at Wynn – See my Resort King Room Review.
Palazzo
Suites at Palazzo offer an impressive 720 square feet of space, which is used to offer guests a separate living area that’s perfect for relaxing after a long day trekking up and down the Strip.
In addition to space to stretch out, rooms at Palazzo can be described as elegant, boasting marble features in the bathroom, stylish touches throughout the suite, electric blind controls, and 3 TVs.
As you can imagine, extra space and luxury cost a pretty penny – Palazzo’s suites averaged $454.40 per night over the 10 dates sampled.
I recently had the opportunity to stay in one of Palazzo’s Luxury Suites and left impressed.
The Venetian
Baseline suites at The Venetian are a smidge smaller than those at Palazzo, weighing in at 650 square feet, but offer a nearly identical footprint and set of amenities.
Like at Palazzo, suites have a living area, luxurious bathrooms, and an overall feel of quality, all at a slightly lower average price point of $428.80 per night.
I’ve also stayed in a Luxury King Suite at The Venetian, and while I slightly prefer Palazzo’s room product (it just felt fresher), you should feel comfortable booking either.
Fans of raunchy comedy should note that the popular Atomic Saloon theater is centrally located between The Venetian and Palazzo in the Grand Canal Shoppes. The Show, which is a product of Spiegelworld, will make you laugh, feel uncomfortable, and leave you in amazement at the talent of some of the variety acts.
Bellagio
As you’d expect, Bellagio finds itself among the most expensive hotels in Vegas at an average room rate of $428.60 during my 10-night sample.
Accommodations at Bellagio were also recently refreshed as part of a project that wrapped up in 2021, touching all 2,500+ rooms.
Of course, the hotel’s allure extends well beyond the rooms themselves. In fact, Bellagio is home to some of the most popular free things to do in Las Vegas like the dancing Fountains of Bellagio, the floral conservatory, Dale Chihuly’s Fiori di Como glass sculpture, and even a gallery of fine art.
If fine dining is your thing, I’d recommend snagging reservations at one of Bellagio’s restaurants with a fountain view.
I recently stayed in a Premier King Room at Bellagio – Take a look!
Caesars Palace
At an average nightly rate of $389.40, the iconic Caesars Palace ranks as the 6th most expensive hotel on the Strip.
Aside from the rooms, amenities that most impress me at Caesars include their high-end Bacchanal Buffet, beautiful Garden of the Gods pool complex, and “Absinthe” a variety show that’ll leave you both amazed and doubled over in laughter.
Notably, the sprawling resort offers room options that span the price/quality spectrum and you can often score a relatively cheap room in their “least fancy” Forum Tower during non-peak times.
I’ve stayed in various rooms at Caesars Palace including a Julius Studio Suite, Palace Premium Room, and an Octavius Premium Room, and have always enjoyed my resort experience.
NoMad at Park MGM
A hotel within a hotel at Park MGM, NoMad offers an island of upscale luxury at a mid-tier resort that boasts a great location on the south end of the Strip.
Notably, Park MGM is the only property in Las Vegas that has banned indoor smoking resort-wide.
At an average nightly rate of $364.50, NoMad rounds out my rundown of the 7 most expensive hotels in Vegas.
Other Luxury Strip Resorts To Consider
If you’re looking to save a few bucks while not skimping on luxury, I recommend checking out the following resorts that are extremely nice, however, finished just outside of the top 7.
Resorts World – Crockfords
A hotel within a hotel concept at Resorts World, Crockfords is known for luxury and can oftentimes be had for less than the luxury options ranked above. That savings is likely due in part to the fact Resorts World’s location isn’t exactly center Strip.
The average Resorts World Crockfords rate was $252.72.
Mandalay Bay & Delano
I’ve grown to enjoy the quiet luxury of both Mandalay Bay and Delano, which is located away from the chaos on the south reaches of the Strip.
While the location leaves a bit to be desired, Mandalay offers a free tram that shuttles guests north to both Luxor and Excalibur.
The average rates at Mandalay Bay and Delano were $298.50 and $354.20 respectively.
Check out my recent stays in a Penthouse Sky View Suite at Mandalay Bay and a Stay Well King Suite at Delano – Both were amazing.
Aria
Ranking in the middle of the pack price-wise at $337.50, Aria can be an absolute steal during non-peak times when rates are low.
The resort reeks of modern luxury, rooms are packed with techy “bells & whistles”, and it’s situated right in the middle of the action on the Strip.
I recently stayed in a Deluxe Room at Aria, and it soundly beat my (lofty) expectations.
Vdara
Coming in a comparatively affordable average price of $286.30 per night, Vdara should be on your short list of budget-friendly(er) luxury options.
Baseline Studio rooms are spacious by Vegas standards at 582 square feet and boast a kitchenette – A rare amenity on the Strip.
I assume pricing is often depressed at Vdara due to the absence of a casino, but fear not. Aria’s gaming floor is a short 2-minute walk away. Yes. I timed it.
Check out my recent stay in one of Vdara’s Studio Parlor rooms.
Most Expensive Hotel on Fremont Street
Circa
Circa, the first new resort to be built on Fremont Street in decades, easily takes the title of the most expensive hotel in downtown Las Vegas, and it wasn’t particularly close.
Notably, however, the average nightly rate of $230.78 is significantly cheaper than peer resorts on the Strip.
I’m personally a Circa fanboy and love the property’s unique amenities that can’t be found anywhere else in Vegas including a 3-story sportsbook, Stadium Swim rooftop pool amphitheater, and refurbished Vegas Vickie.
I recently stayed at Circa, and you can see my Single King room review, here.
There you have it, the most expensive hotels in Las Vegas, both on the Strip and Downtown. No matter why you’re looking to spend up, it’s tough to go wrong with any of the options above.
Related: On the flip side of this piece, check out the cheapest hotels in Las Vegas and What are Stay Well Rooms? Are they worth it?
Featured Image Credit: ©kobby_dagan/123RF
I’m a former software salesman turned Vegas aficionado. While the craps table is my preferred habitat, I pull myself away to explore new attractions, shows, restaurants, and outdoor activities around Las Vegas with the intent of sharing my experiences.
Ultimately, I just want to help folks plan a better trip and save a few bucks in the process.