Vegas Tourism Takes A Dive

Formerly thought to be recession-proof, the tourist mecca of Las Vegas is taking a hard hit during the current economic recession.

Officials there are expecting to see the fewest amount of tourists visiting town since 1999.

"The Strip's business model for the 21st century, which was to tap into an ever-expanding supply of free-spending visitors clamoring for first-class hotel rooms, four-star restaurant fare and high-priced shows, has been shattered by its worst recession in decades.

Vegas' ability to weather previous declines made it seem recession-proof. No longer. The carnage left by the economic downturn that began last year is unlike anything this town has seen.

Tourism is down for the second year in a row, and the people who come aren't spending with the abandon of the past."

Full Story: Luck runs out on Vegas boom

Comments

Comments

Vegas

Overall tourism has been down. However, this past holiday weekend there were hordes of tourists on the strip. They haven't released any numbers on the occupancy rates for the major hotels yet, but there seemed to be a lot of out of towners in Las Vegas last weekend. I don't think tourism will pick up significantly until the nation unemployment rate goes down.

I work as a Las Vegas Real Estate webmaster in Southern Nevada.

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $16.95 a month
Wood necklace with city map

City Necklaces

These sweet pendants are engraved on a cedar charm with a mini map of selected cities. The perfect gift for friends and family or yourself!
$28.00
Book cover of the Guide to Graduate Planning Programs 4th Edition

Thinking about Grad School?

New! 4th Edition of the Planetizen Guide to Graduate Urban Planning Programs just released.
Starting at $24.95