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.
September 9, 2009, 8am PDT | Nate Berg
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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."

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Published on Sunday, September 6, 2009 in Los Angeles Times
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