Las Vegas Sun

March 29, 2024

Vegas visitor traffic falls 3.7 percent in August

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The number of visitors to Las Vegas was down 3.7 percent in August compared to a year earlier.

The Las Vegas Convention and Visitors Authority said 3,092,403 people visited the city in August, compared to 3,211,209 people in August 2008. Room inventory increased 2.7 percent over that period, to 141,420 rooms in August.

Citywide hotel occupancy dropped nearly 7 percent over the year, down to 81.4 percent in August. Weekend occupancy was down about 2 percent, to 88.6 percent, while midweek occupancy stood at 78.5 percent, a decline of 8.7 percent.

The LVCVA said the national average of hotel occupancy is 56.6 percent, according to data from Smith Travel Research.

The average daily room rate fell 21.5 percent over the past year, from $107.01 to $84.02.

Convention attendance in Las Vegas tumbled 58.9 percent, from 574,184 convention-goers in August 2008 to 235,841 in August this year. The number of conventions declined 22 percent, the LVCVA said.

Visitor volume slumped 8.8 percent in Laughlin and 41.2 percent in Mesquite over the past year.

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