Tag: Tourism
Las Vegas tourism decline narrative continues as resorts’ prices make headlines
The decline in Las Vegas tourism this summer has garnered international headlines and will only accelerate after last week when... more
Las Vegas tourism head expects further declines in visitation and occupancy before improvement
The head of Las Vegas’ tourism agency said he expects to see further declines in visitation this summer as consumers weigh their finances... more
UNLV economist concerned over Las Vegas gaming and tourism outlook
An economist at the University of Nevada Las Vegas expressed concern about Las Vegas gaming and tourism for the rest of the year and the... more
Wall Street Bets: Gaming sector prospects, DoubleDown Interactive, Bally’s, U.S. RevPAR, IGT sale
Gaming sector’s outlook positive David Katz of Jefferies is upbeat on the gaming sector’s prospects this year noting that based on... more
Las Vegas projects slight drop in visitation for Fourth of July weekend
Amid a 6.5% drop in visitation to Las Vegas so far this year, the city’s tourism agency is projecting a slight decline for the Fourth of... more
Las Vegas’ drop in tourism and gaming revenue shows no sign of slowing
The drop in visitation to Las Vegas and decline in hotel occupancy show no signs of slowing down over the summer, considering the reports... more
Air travel to Las Vegas continues to decline in May
Las Vegas tourism continued to take a hit, with travel through its airport down nearly 4% in May. Harry Reid International Airport reported... more
Wall Street Bets: Sports betting taxes, BetMGM, lodging trends, regional properties
Taxes on sports betting could dampen growth Fitch Ratings June 16 issued a note regarding recent and proposed sports betting tax hikes,... more
Las Vegas numbers low but confidence cautiously high, say LVCVA and analysts
Strip casinos announcing layoffs, the decline in visitation and hotel occupancy, and gaming revenue down for three consecutive months... more
Strip visitation declines in April alongside gaming revenue
Along with the year-over-year decline in gaming revenue on the Las Vegas Strip for the third month in a row, Las Vegas visitation continued... more

