Tag Archives: Las Vegas Visitor & Tourism Stats Down

Las Vegas Visitor & Tourism Stats Down

On  March 10, the Las Vegas Convention and Visitors Authority reported that potentially $131,600, 000 was lost in non-gaming revenue in the past 90 days resulting from 340 event cancellations and 236,700 lost room nights and untold amounts of casino betting.  January results, though, showed Nevada collected $47 million, a 42.4 percent drop from a year ago, and the 13th straight month gaming revenues have declined. 

Las Vegas visitors in January were fewer than 2.8 million people, a decrease of 11.8 percent from a year ago, yielding a 71.9 percent average occupancy citywide in January. 

A survey conducted by the authority reported 60 percent of Las Vegas resort operators think 2009 convention and meeting attendance will fall further than it did last year when business travel was down 5 percent.  That could spell trouble for the estimated 46,000 people in Las Vegas who have jobs relating to this business sector. 

Las Vegas boosters and the business travel industry blamed President Obama and his defenders, in part, for exacerbating recession-related travel declines by suggesting companies that hold events in appealing destinations could be in line for public shaming.

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