Customer Visitors Down 4.6% In comparison with 2019; Conference Visitors Down 38.2%

by Calculated Threat on 1/31/2023 04:00:00 PM

Word: I like utilizing Las Vegas as a measure of restoration for each leisure (guests) and enterprise (conventions).

From the Las Vegas Customer Authority: December 2022 Las Vegas Visitor Statistics

From the preliminary shadow of the omicron variant to report‐shattering room charges later within the
yr, Las Vegas loved a sturdy restoration trajectory throughout core tourism indicators in 2022.
With December 2022 visitation simply 4.6% shy of December 2019, the yr closed out with
38.8M annual guests, 20.5% forward of 2021 and ‐8.7% beneath 2019’s tally.

Conference attendance for the yr approached 5.0M attendees, dramatically forward of
pandemic‐suppressed volumes of 2021 and recovering to about three‐quarters of 2019’s
tally of 6.6M conference attendees.

Total resort occupancy reached 79.2% for the yr , +12.4 pts YoY and down ‐9.7 pts vs.
2019. For the yr, Weekend occupancy reached 89.3%, +8.0 pts over 2021 and ‐5.6 pts vs.
2019, whereas Midweek occupancy reached 74.7%, up 14.2 pts vs. 2021 however down ‐11.6 pts vs.
2019.

Sturdy room charges continued all through 2022 as annual ADR reached $171, +24.5% larger
than 2021 and +28.9% forward of 2019 whereas RevPAR reached approx. $135 for the yr,
+47.6% YoY and +14.9% over 2019.

Click on on graph for bigger picture.

The primary graph exhibits customer site visitors for 2019 (darkish blue), 2020 (gentle blue), 2021 (yellow) and 2022 (purple)

Customer site visitors was down 4.6% in comparison with the identical month in 2019.

Conference site visitors was down 38.2% in comparison with December 2019.

Word: There was nearly no conference site visitors from April 2020 by way of Might 2021.