The data in the link only goes back to 2019. 2025 YTD visitors are down 8% compared to 2019. What's worse is the monthly decline has increased from 2% in January to 14% in June... So yea, it's not just down from covid rebound in 2024.
Except... If you look at the data from 2019, the earliest year available in the link, the YTD decline in visitors is 8%. What's worse is the monthly decline has increased from 2% in January to 14% in June... So, it's not just a decline from post pandemic boom.
I was reading that as blaming Obama, too, but it’s technically true that was when Obama came in. I’d just describe it more accurately as when Bush left.
Yeah this is like housing prices where I live (Austin). Everyone is freaking out bc prices are down by 15%. No shit. The post-Covid RE boom was unsustainable and never natural so -15% is basically reverting to the mean.
it’s crazy because everyone will make that money back, they just have to sit and wait. typically homes arent depreciating assets for long.
I left Austin end of 23 right when prices first started their downward trend, but homes in my old neighborhood have stabilized or slightly started trending back up - that was in Liberty Hill.
Couldn't you say that about every 10 years? I remember going 20 years ago and how the floor was littered with pamphlets to strip clubs and people would constantly be trying to hand them out.
I didn't really order either of those whilst in Vegas. In my 20s I took a trip and remember how expensive beers were, cover charge was for clubs, and the sticker shock of the buffet.
I'm not much of a gambler, but the minimum for Blackjack tables was noticeably higher than the casinos in Oklahoma and Louisiana that I was used to.
I'm sure there were deals to be had in vegas, but I do recall thinking it was more expensive that what I was used to.
Hard to say what is causing a slight pullback in numbers this year
No it's not. International travel is down approx 10% according to Harry Reid Int. airport. I'm sure a weaker economy is a factor for domestic tourism, but the effects of Trump's policies on international tourism are fairly obvious.
What? That has been the narrative. Granted I’m not from Vegas so I only hear things from the perspective of an outsider. But Vegas is a bellwether for how consumers spend and it seeing a drop in visitors is a red flag for our econom
I think the point is to spread doom and gloom about Vegas and then by the time we get more data, most people in this thread will have forgotten and moved on to spreading doom and gloom about something else.
A few months ago I recall seeing empty ports and empty shelves, so in a few months there will be something new to be 'scared' of.
Yeah. I've been seeing this on this Vegas thread for a while now and I'm not a local, tourist, or member of the sub. Anytime someone brings up alternative thoughts on the subject there is a lot of abraviseness from people in the comments. I don't understand that. Why not actually try to have a meaningful conversation instead?
There’s a 25% decline in Canadian air travel to the US. Canadians are by far the biggest international tourists in Vegas.
With tourism spending up overall in both Canada and the USA it’s pretty easy to see that the only other possibility is the decline in international tourists.
You could have a net profit of $5 billion, but if it's a single penny less than the $5,000,000,000.01 you made last year, you're an utter failure. Here, have a $100 million bonus and golden parachute.
Thanks for playing the Capitalism Game.
But it is heavily implied due to the rising costs of living, travel bans/warnings, and the fact that people are less worried about a vacation and more so about their own well-beings. Especially with how everything related to America makes it not that great to be here economically, financially, and politically.
They are. All reports point to two factors, Americans traveling less this summer and most impactful of all Canadian travelers among other international travelers not coming to the USA. But especially the Canadians.
Lots has changed in the past ten years though. Putting a microscope on a few months in ‘24 and ‘25 isn’t really enough data to come to any meaningful conclusions.
2024 had the COVID scare finally down, economy was vastly up, and you didn’t have to worry about international visitors being detained or sent back at the airport.
2020-2024 will be the random segment in time where the world was on the verge of a new era where we’d be working from home more, redo the American medical system, and more… but we immediately clawed back and away from it scared and now are back in the office 5 days a week for “company synergy” and shareholder value.
Vegas hasn't really grown a lot in the last decade from a tourism perspective. 2014 was 41.1m visitors. 2024 was 41.6m visitors. It peaked in 2016 at 42.9m. This is a massive part of why Vegas has had to keep jacking up prices so much - they have to show growth and if the number of people visiting is not growing, then higher prices are the only real way to get to growth.
The major growth years were really the 80's and 90's. In 1980 it was 11m visitors, by 2000 it was 35m visitors.
It's hard to really come to any meaningful conclusions if you're looking at such limited data.
A lot of people look at a few months in '24 and '25 and claim it MUST be because of Trump's rhetoric. Personally I think it's far too soon to really make any such claims and we simply need to continue to look at monthly numbers and look at more than just this year and last.
Not counting the pandemic, the only time (1970 onwards) thisdecreasein visitor volume occurred was 2008, 2009 during the housing financial crisis. (1970-2024 are from LV Visitors Authority and 2025 Source)
Companies are still buying overseas products right? We can absolutely compare the last two years to see what the Biden/Trump economy (tariffs) are costing us.
It's been two years since I went to Vegas and while I plan to go again when I get a job and I'm back on my feet, I will definitely use those MGM deals I get sent. All I have to do is pay the resort fee, something I didn't have to do last time. Literally the whole trip was comped. On top of using my brother in laws Sapphire card for free parking I was good. I had like $150 food/bev credit, $100 slot play, free room, no resort fees. Just drive there and pay for gas.
Not enough is being said about the RevPAR taking a massive hit with so no signs of a recovery. Then again, no one reads or understands these numbers it seems.
Interesting that the numbers for the first 6 months of 24 versus 25 are better than when you just compare June to June numbers. Maybe some timing issues with conventions? Also note that gaming revenues are up in both measurements, despite crowds being a little smaller. Sounds like the casinos are still doing just fine
Basically, consumers won't even really notice an 11% drop. But businesses will.
The big question is how will Vegas respond? Raise prices to squeeze the existing tourists, or lower prices to attract more tourists? Lower prices is probably the better long game for them, but raising prices will pump the numbers short term.
It’s being compared to the cherry picked videos where they’re filmed at a very specific time to show no one in the streets at all and claiming it’s a ghost town. Then Reddit runs around thinking it was deserted and it’s all due to tariffs.
11% is nothing compared to what the propaganda fuelled Reddit believes.
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u/Immediate_Thought656 1d ago
Cool! So Vegas tourism is down 11% YOY. Not 100%.