Categorized | Hotels

Las Vegas impact…

Posted on 12 August 2009

For the first six months of the year, 18.1 million visitors have traveled to Las Vegas, a decline of 6.8% from 19.5 million visitors for the same time period a year ago. There were 141,030 hotel rooms operating in Las Vegas during June, 3.3% more than a year ago. However, room rates on average are down 25.5% from last June and down 26.8% for the first six months of the year. The occupancy was 82.7% through June, which the Las Vegas Convention and Visitors Authority said is 28 percentage points higher than the national average. Convention attendance was down  18.9% in June from a year ago and the number of contentions held in Las Vegas was off 15.8%. For the first six months of 2009, convention attendance is down 27.5%. 

Source: Review-Journal

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