{"id":174856,"date":"2021-05-27T09:21:49","date_gmt":"2021-05-27T16:21:49","guid":{"rendered":"https:\/\/www.casino.org\/news\/las-vegas-car-rental-prices-climbing-to-where-tourists-soon-may-pass-on-car-profs-warn\/"},"modified":"2021-05-27T09:51:52","modified_gmt":"2021-05-27T16:51:52","slug":"las-vegas-car-rental-prices-climbing-to-where-tourists-soon-may-pass-on-car-profs-warn","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/las-vegas-car-rental-prices-climbing-to-where-tourists-soon-may-pass-on-car-profs-warn\/","title":{"rendered":"Las Vegas Car Rental Prices Climbing, Soon Tourists May Pass, Profs Warn"},"content":{"rendered":"

Increasing rates for rental cars in Las Vegas are edging closer to a price tag where travelers may rethink about paying the cost. Rental cars already are in short supply or are unavailable at some Las Vegas locations for the Memorial Day weekend.<\/p>\n

\"Once
Enterprise Rent-A-Car in Las Vegas shown here. Prices for rental cars are edging up for Memorial Day weekend, and many rental locations report cars are in short supply. (Image: Las Vegas Review-Journal<\/em>)<\/figcaption><\/figure>\n

The price point at which travelers will not rent a car is between $150 and $175 a day, professors who study the national rental market told Casino.org.<\/em><\/p>\n

Once you hit the $150 per day level, travelers will start looking for other options,\u201d Edward G. Anderson, a University of Texas business professor, told Casino.org<\/em>.<\/p><\/blockquote>\n

As of earlier this week, car rentals in Las Vegas reportedly were going for upward of $110 a day for the Memorial Day<\/a> weekend, according to AutoSlash.com<\/em>, an auto rental website.<\/p>\n

The total cost for a rental car for between today and Tuesday from McCarran International Airport is about $763, Jonathan Weinberg, CEO of AutoSlash.com<\/em>, told the Las Vegas Review-Journal<\/em>. It could be even more.<\/p>\n

The price may lead travelers to cancel Las Vegas plans altogether, Alfred Marcus, a University of Minnesota management professor who studies the rental market, confirmed. \u201c[It] depends if there are other options to get them to and from airports — hotel shuttles, for instance,\u201d he told Casino.org<\/em>.<\/p>\n

Edward Anderson further points out that many Las Vegas hotels do not refund advance room payments within 48 hours of check-in.<\/p>\n

\u201cPeople who leave their rental planning until the last minute and get caught by extremely high car prices may want to back out of their plans, but they will be stuck paying for their rooms,\u201d Anderson cautioned.<\/p>\n

AAA Nevada spokesperson Sergio Avila recommends to tourists and other visitors to Las Vegas to do research ahead of time and book a rental car early.<\/p>\n

Whether travelers will be willing to pay a higher price will likely be determined by how badly they need the vehicles and whether they have any other mobility options,\u201d Avila told Casino.org<\/em>. \u201cBooking early will be key to obtaining a rental vehicle. I would also stay in communication with your rental organization to ensure you are aware of the best procedure for pickup.\u201d<\/p><\/blockquote>\n

Anderson also recommends picking up a car from a rental location that is offsite from the airport. \u201cThat will probably save you $20-$30 per day,\u201d Anderson said.<\/p>\n

As of May 23, AAA.com\u2019s<\/em> car rental bookings listed Las Vegas as the top car rental destination in the region. The region includes Northern California, Nevada, Utah, Arizona, Montana, Wyoming, and Alaska.<\/p>\n

Shortage of Rental Cars, Rideshare Drivers<\/h2>\n

McCarran spokesman Joe Rajchel also said there is a shortage of Lyft and Uber<\/a> rideshare drivers. That leads to \u201clonger waits here at the airport.\u201d<\/p>\n

Rajchel further advises travelers to \u201cplan ahead for all aspects of their trip,\u201d whether it is for Memorial Day weekend or for the summer months.<\/p>\n

The low supply of rental cars we are seeing here is similar to what is being experienced across the nation,\u201d Rajchel told Casino.org<\/em>. It is tied to the sell-off<\/a> of auto fleets last year because of\u00a0 the COVID-19 pandemic.<\/p><\/blockquote>\n

\u201cWe are expecting the airport to be busy this holiday weekend,\u201d Rajchel added. Sergio Avila also points out the busiest times on the road for motorists will be this afternoon and Friday afternoon (May 28). Major metro areas could experience double the travel times compared to a routine trip, he said.<\/p>\n

Hotels, Government Should Provide Travel Options<\/h2>\n

Options to rental cars and rideshare services could include hotels ramping up shuttle services to airports and within Las Vegas, Marcus said. Also, city and county government agencies could set up public transportation options, he adds.<\/p>\n","protected":false},"excerpt":{"rendered":"

Increasing rates for rental cars in Las Vegas are edging closer to a price tag where travelers may rethink about paying the cost. Rental cars already are in short supply or are unavailable at some Las Vegas locations for the Memorial Day weekend. The price point at which travelers will not rent a car is […]<\/p>\n","protected":false},"author":44,"featured_media":174858,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,33810],"tags":[],"acf":[],"yoast_head":"\nLas Vegas Tourists May Pass On Car Rentals Due To Price, Profs Warn<\/title>\n<meta name=\"description\" content=\"Las Vegas travelers may rethink about car rentals due to higher prices. 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