Las Vegas’ tourism industry is facing significant challenges as visitor numbers continue to decline. According to the latest statistics from the Las Vegas Convention and Visitors Authority (LVCVA), only 3.1 million people visited in June, down 11.3% compared to last year. The hotel industry has also felt the impact, with occupancy dropping 6.5% and average daily room rates decreasing by 6.6%.
The high cost of accommodations is a major contributor to the decline. Tom Reeg, CEO of Caesars Entertainment, described it as a “soft summer” due to reduced tourism. Many visitors are now choosing alternative destinations such as Atlantic City, New Jersey, or Napa Valley, California, which offer more affordable options.
Redditors on Reddit’s r/lasvegas forum have expressed their concerns about the rising costs and lack of tourists in Sin City. Some users attribute the decline to the high prices and suggest that visitors should consider traveling during off-peak seasons or exploring alternative destinations.
Travel expert Mallory Dumond advises travelers to plan ahead, finding deals on 5-star rooms and taking advantage of affordable options for food and activities. She recommends considering Atlantic City, New Jersey, or Napa Valley, California, as more budget-friendly alternatives to Las Vegas.
Source: https://www.foxnews.com/travel/las-vegas-tourism-drops-sharply-some-visitors-claim-casinos-empty-amid-rising-costs