Attendance decreased by 7.8% compared to 2019

in Estimated risk per 28.07.2022 15:18:00

Note: I like to use Las Vegas as a recovery measure for both leisure (visitors) and business (conventions).

From the Las Vegas Visitors Authority: Las Vegas visitor statistics for May 2022

Las Vegas experienced another strong month of visitation in June as the destination received over 3.3 million visitors, up about 12% from last June, but approx. 8% less than in June 2019.

With room availability reflecting the net impact of Virgin Hotel Las Vegas and Resorts World hotels opening since mid-last year, overall hotel occupancy reached 82.7%, up 6.8 points from last June but down 9. 0 points compared to the previous month. June 2019 Weekend occupancy was 90% or higher for the fourth consecutive month, and mid-week occupancy hit 80% for the first time since February 2020 (up 9.1 pp year-on-year but down 9.7 pp compared to June 2019).

ADR approached $157, up 22.7% from June last year and more than 30% higher than June 2019, while RevPAR approached $130 MoM, +33.7% in year on year and +17.5% compared to June 2019.

Las Vegas attendance Click on the graph to enlarge the image.

The first graph shows visitor traffic for 2019 (dark blue), 2020 (light blue), 2021 (yellow), and 2022 (red).

Attendance decreased by 7.8% compared to the same month in 2019.

Attendance increased by 12% compared to June last year.

The second graph shows conventional traffic.

Las Vegas attendance

Convention traffic decreased by 8.7% compared to June 2019.

Note. From April 2020 to May 2021, there was practically no traffic at the conventions.