New analysis from VegasInsider reveals that attending the 2025 Heineken Las Vegas Grand Prix is significantly cheaper than in previous years, with accommodation prices dropping for the second consecutive year.

Why the drop? After the overpriced 2023 inaugural race, lodging costs nosedived in 2024 and have fallen even further for 2025 as the hype faded and hotels reset prices to match real demand. 

Key Takeaways

• Accommodation is 23.9% cheaper year-on-year (2024 → 2025)
• Airbnb prices fell 22.4% vs. last year
• Hotel prices dropped even more: down 24.5% YoY
• 2025 average accommodation cost: $725.17 for the race weekend
• Prices are still dramatically lower than 2023, when average stays topped $2,000

The Price of Staying in Las Vegas (Nov. 21-24, 2025)

2025 GP Weekend Accommodation Costs:
• Airbnb: $413.86
• Booking.com hotels: $1,036.48
• Combined average: $725.17

This represents a major correction from the hype-inflated launch year and a continuation of the stabilizing trend seen in 2024.

Airbnbs stay flat, while hotels surge heavily only during the F1 Las Vegas weekend – mirroring 2024 patterns.

Since the inaugural event, accommodation costs are:

• 66% cheaper overall
• Airbnbs down nearly 80%
• Hotels down more than 55%

Expert Insight

“The first-year prices were inflated by hype, but the market corrections in 2024 and 2025 have made the event far more accessible,” says a senior analyst at VegasInsider.

About VegasInsider

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More: VegasInsider.com 

Methodology

Airbnb and Booking.com. The study compares typical, non-luxury stays for two adults across three key 2025 weekends – the week before the race (Nov. 14-17), race weekend (Nov. 21-24) and the week after (Nov. 28-Dec. 1).

Historical pricing from 2023 and 2024 was also included to evaluate year-on-year changes. Metrics assessed include average weekend accommodation cost, annual percentage changes, Airbnb vs. hotel differences and race-weekend price surges.

The analysis aims to give F1 fans, media and bettors a clear view of lodging trends surrounding F1 Las Vegas. You can find the full dataset here.