Las Vegas' Visitor Volume Declines To Start 2018Visitor Volume Down 1.6 Percent Year-Over-Year, Officials Say |
|
Maybe Las Vegas needs the Raiders more than previously thought in the era of parking fees.
According to the Las Vegas Convention and Visitors Authority, Las Vegas’ visitor volume fell one percent year-over-year in March, as 3.75 million people visited Sin City during the month, down from 3.78 million who visited America’s gambling hub in March 2017.
The visitor volume brings 2018’s total so far to 10.27 million, down 1.6 percent compared to the 10.44 million from the first three months of 2017. A big culprit has been convention attendance falling 7.5 percent year-over-year through the first quarter of 2018 (1.95 million versus 2.11 million).
The decline goes back even further, as March marked 10 straight months of year-over-year declines in terms of visitors. According to a report from the Los Angeles Times, the implementation of fees for self-parking a car is a big reason why more people are staying away from Sin City. The first casinos began to charge for self-parking in mid-2016.
Las Vegas hit a record 42.93 million visitors in 2016, but it fell one percent to 42.21 million last year. The early October mass shooting in Las Vegas definitely played a role in the calendar year decline, as visitor volume plunged 4.2 percent during that month.
The Oakland Raiders, who are in the process of moving to Las Vegas, are expected to bring 400,000 additional people to the city each year, according to a Nevada report.
Copyright © 2001-2024
CardPlayer.com. All rights reserved.
