Las Vegas on the rebound

25-09-2010

Las Vegas

The Las Vegas Convention and Visitors Authority released a report that shows a recovery. In July, approximately 21.9 million people visited Sin City. This means a 2.3% increase compared with last 2009. Room inventory rose by 4.9% in July, while hotel occupancy dropped 2.6%. The average room price was up 2.5% to €71, which is beneficial for hoteliers.

Las Vegas Strip casinos

Casinos on the Las Vegas Strip posted a €2.45 billion turnover, which is 2.2% more than through July 2009. Nevertheless, downtown casinos posted less optimistic revenues as they dropped by 8.5%. In addition, meetings and conventions fell 6.7% in July from the same period last year.

Hotel occupancy

The increase in visitor numbers reflects a national development. Numbers released by Smith Travel Research show that US hotel occupancy increased by 6% - 8% through August compared to the same period in 2009.

Pool parties

Pool parties seem a trend among Vegas casino resorts. Mandalay Bay’s Moorea Beach Club was transformed into a flamboyant party place this summer. Celebrities appeared at exclusive parties, making party girls keep their tops on. Black Eyed Peas front man Will.i.am and glamour model Carmen Electra celebrated Labor Day at one of the Vegas pool parties.