Las Vegas tourism officials maintain the city remains competitive despite a 12% drop in July visitors. Though convention attendance saw fluctuations, future bookings appear strong, and casinos continue to generate revenue from gamblers. Resorts are implementing promotions and the tourism agency is publicizing budget-friendly options to combat negative perceptions about high costs. While international travel presents a mixed bag, with declines from Canada but increases from other countries, officials remain optimistic about fall and December’s bookings.
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Las Vegas saw a significant decrease in visitors during June, with approximately 400,000 fewer people traveling to the city compared to the previous year, a decline of 11.3% attributed to economic factors and a slower convention month. Hotel occupancy rates on the Strip and domestic and international travel through Harry Reid International Airport also saw decreases. Despite the drop in visitation, gaming revenue remained steady, though average room prices fell. Democrats have pointed to policies of the current administration as contributing to the downturn in tourism.
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February saw significant declines in Las Vegas gaming revenue (down 14 percent) and tourism (down 12 percent), partly attributed to the absence of the Super Bowl and a shorter month. These decreases, coupled with a sharp drop in Canadian air travel to Las Vegas (up to 55 percent for some carriers), raise concerns about the impact of a worsening US-Canada trade dispute. The reduced Canadian visitation is alarming given Canada’s status as Las Vegas’ top international market and the potential impact on major events like the Global Gaming Expo. Industry experts are monitoring the situation closely, anticipating further consequences in the coming months.
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John Q. Hosedrinker