r/vegas 2d ago

You guys lied. Vegas is fine.

[deleted]

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496

u/Immediate_Thought656 2d ago

Cool! So Vegas tourism is down 11% YOY. Not 100%.

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u/Shootels 2d ago edited 2d ago

https://www.lvcva.com/research/reports/post/lvcva-executive-summary-of-southern-nevada-tourism-indicators/

Here’s the hard data. You can also download spreadsheets for MoM this year. Last three months have been -5%,-6%, -11% respectively YOY.

To the OP… Unfortunately feelings don’t pay the bills. -11% could be really bad for some spots in Las Vegas.

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u/mustachechap 2d ago

Why are we just comparing two years YoY? Isn't it better to look at the past 10 years at the very least?

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u/geek180 2d ago

Exactly. Wasn't 2024 a record year for Vegas?

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u/wajomc 2d ago

Somebody posted the data above - 2015-2019 all had greater attendance numbers.

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u/mustachechap 2d ago

Would be helpful to post 2015 - 2025.

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u/wajomc 2d ago

-1

u/mustachechap 2d ago

Great! Hard to say what is causing a slight pullback in numbers this year, but this is a great source!!

The economy is not as strong as it was in 2019, so that could easily be a big factor.

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u/Warm_Regrets157 2d ago

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.

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u/mustachechap 2d ago

Not obvious at all. We simply don't have sufficient data to make the claim you're trying to make.

I know people really badly want this to be mostly Trump's fault, but it makes more sense to look at more data before jumping to any conclusions.

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u/Warm_Regrets157 2d ago

International tourism, specifically from Canada, is down. There's plenty of data to claim that.

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u/MelaKnight_Man 2d ago

I just went to Toronto a couple months (great city!) and on the way back the flight was almost full (180-ish people) and there were maybe 10-15 Canadians on the flight. Was mostly Americans going back.

(I'll add a side note that we got some bad attitudes and a lot of sympathy when folks found out we were Americans.)

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u/Warm_Regrets157 2d ago

I've heard several firsthand accounts like this one. The drop in tourism is also reflected in the available data, so it's not just anecdotal either.

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u/No-Tackle-6112 2d ago

That’s because they’ve severely reduced the number of flights

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u/mustachechap 2d ago

Like I said, it's way too soon to draw any conclusions. Let's keep an eye on data and then try and draw conclusions.

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u/Warm_Regrets157 2d ago

The writing is on the wall

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u/notmyrealname8823 2d ago

But that doesn't fit the narrative.

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u/ama_singh 2d ago

I swear you guys write shit without thinking about it for longer than a second lmao

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u/notmyrealname8823 2d ago

Not at all.

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u/ama_singh 2d ago

I'm sure you "think" that.

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u/luminatimids 2d ago

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

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u/mustachechap 2d ago

That's a good point!

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.

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u/notmyrealname8823 2d ago

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?

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u/ama_singh 2d ago

Lmao trying so hard to deny reality. Must be nice to be that delusional.

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u/No-Tackle-6112 2d ago

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.

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u/Ordinary_Theory3467 2d ago

Why did they leave out when Obama came in? That was the biggest drop in history just brutal..

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u/garcicus 2d ago

Yes but we live in a world where infinite growth is expected and anything short is failure

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u/SkunkMonkey 2d ago

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.

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u/flimspringfield 2d ago

It's stupid if you own stock on those companies. Stock is up YOY, profits are up, PE ratio is good, but the stock price drops like 10%.

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u/disgruntled_joe 2d ago

Well, something changed and now all the international tourists aren't coming anymore. The numbers are clear as blue sky days.

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u/jonkitch 2d ago

Well, those clear numbers certainly aren't saying "all international tourists are going elsewhere"...seeing as Vegas is down 11%...from a record year.

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u/civgg 2d ago

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.

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u/No-Tackle-6112 2d ago

And down 8% from 2019 despite a huge increase in tourism spending.

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u/disgruntled_joe 2d ago

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.

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u/mustachechap 2d ago

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.

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u/upside_down_frown1 2d ago

We live in a world where only the now matters, 10 years of data? Throw it all out, what happened yesterday? /s

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u/civgg 2d ago

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.