Las Vegas visitation stats continue to lag pre-pandemic trends

Aug. 01, 2022 9:09 AM ETMGM Resorts International (MGM), WYNNLVS, BYD, FLL, CZR, RRRBy: Kevin P. Curran, SA News Editor8 Comments

Welcome to Las Vegas sign


Las Vegas’ status as a popular tourist location has not returned to pre-pandemic levels, according to the Las Vegas Convention and Visitors Authority.

Per statistics from the agency released on Monday, total visitors for the month of June remained 7.8% below levels marked in 2019 while hotel occupancy slid to levels 9% below 2019 trends. Convention attendance has also remained 8.7% below 2019-levels.

Still, RevPAR trends roared higher amid higher rates for rooms, with the metric surging 17.5% from 2019 as average daily rates increased over 30%.

  • Sector watch: Caesars Entertainment (CZR), MGM Resorts (NYSE:MGM), Boyd Gaming (BYD), Wynn Resorts (NASDAQ:WYNN), Full House Resorts (FLL), Boyd Gaming (BYD), and Red Rock Resorts (RRR).

Read more on downbeat trends for casino operators in Macau.

Recommended For You

Comments (8)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.