The Las Vegas Strip is expected to be madness in March — and only partly because of the NCAA men’s basketball tournament.
Hotel revenues are projected to hit records as tourists and conventioneers flock to Southern Nevada, several major resort operators on the Strip said during the fourth-quarter earnings call season in February.
“March sets up to be one of the best months that we’ve ever had in Las Vegas,” Caesars Entertainment Inc. CEO Tom Reeg said on the company’s Feb. 21 earnings call.
Craig Billings, CEO of Wynn Resorts Ltd., said on the company’s Feb. 8 call that forward-looking indicators showed room bookings were pacing at or above pre-pandemic levels, all while average daily room rates were up.
