While Las Vegas Grand Prix weekend room rates still lag behind last year’s rates, the market appears to have stabilized.

After surveying room rates for race weekend, Nov. 21-23, gaming analyst Truist Securities noted in a report last week that rates have seen a marginal improvement compared with its previous survey in September.

“We will be monitoring closely to see if any momentum is sustained,” the report issued Oct. 23 by Truist, stated.