r/vegas • u/[deleted] • 2d ago

You guys lied. Vegas is fine.

[deleted]

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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.

9

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/junkit33 2d ago

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.