Posted on 02/08/2013 1:01:27 PM PST by ExxonPatrolUs
Just an update ... during the recession, I wrote about the troubles in Las Vegas and included a chart of visitor and convention attendance: Lost Vegas.
Since then Las Vegas visitor traffic has recovered to a new record high in 2012.
However convention attendance was only up 1.6% from 2011 and is about 21% below the peak level in 2006. Here is the data from the Las Vegas Convention and Visitors Authority.
The blue bars are annual visitor traffic (left scale), and the red line is convention attendance (right scale).
There were 39,727,022 visitors to Las Vegas in 2012, just above the previous record of 39,196,761 in 2007.
Convention attendance was at 4,944,014 in 2012, still well below the record of 6,307,961 in 2006.
So it looks like the gamblers are back ...
......uh your graph stops in 1999
nevermmind....
Huh?
Also, visitors are spending less on gaming, dropping the overall dollars spent well below the peak, but they are spending record amounts on retail and restaurants while in Las Vegas.
Weak dollar drives visitr traffic from overseas - Esp. Asia
I found that out waiting in line to buy my iPad2 in Las Vegas Town Center Shopping Center in 2011.
I must have been the only American in line. I did meet nice people from Germany, Austalia and Iran.
It is amazing with gambling countrywide now that some casinos have gone smoke free....ex: Beau Rivage has no smoking rooms in their hotel....gamblers smoke.. why are they cutting off some of their guests who can go anywhere else?Smoking police so not reply
Graph on main page cut off several years.
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