Tag: Tourism
Casino execs endorse NBA potential, A’s, and sports generally as a boost for Las Vegas tourism
Lauding the benefits of professional sports, casino executives from Wynn Resorts and Red Rock Resorts discussed the prospects of an NBA... more
Las Vegas air passenger traffic down 9% in June
Air passengers traveling through the Las Vegas airport fell 9.3% in June and remains down nearly 7% for the year. Some 4.2 million... more
Las Vegas remains ahead of 2025 visitation pace
Las Vegas remains ahead of its 2025 pace for visitation, but the World Cup in June didn’t give it the boost that many had expected.... more
Wall Street Bets: Earnings reports, hotel average daily rates, second quarter
Truist Securities’ Barry Jonas looked at forthcoming earnings reports for second quarter on July 20: “Regionals looks to be the best house... more
Drop in Las Vegas visitation cut into economic impact by $4.3 billion in 2025
A new report said a drop in Las Vegas tourism of nearly 8% in 2025 cut into spending by $4.3 billion, but visitors who came spent a similar... more
Las Vegas tourism officials commit $100M for F1 races through 2037
Las Vegas tourism officials are planning to spend $100 million for the sponsorship of the Las Vegas Grand Prix from 2028 to 2037 and... more
Las Vegas sees an increase in visitors and hotel occupancy over July Fourth weekend
Las Vegas welcomed a bigger than usual turnout in visitation and a boost in occupancy over the Fourth of July weekend, though it was still... more
Record-high May hotel rates don’t deter Las Vegas visitation, with volume up 2% over 2025
Even with record May hotel rates, Las Vegas tourism showed some recovery, with visitor volume up 2%, aided by a jump in convention business... more
Wynn Resorts chair positive on Las Vegas as global destination, critiques sale/leaseback casino model
While optimistic about the city’s future as a global vacation destination beyond gaming, the board chair of Wynn Resorts said a big threat... more
Las Vegas giving mixed signals, analyst says
Jefferies Equity Research analysts spent June 6-9 in Las Vegas and came back with mixed sentiments. Their findings were laid out by David... more
