Weaker midweek occupancy hurts Las Vegas visitation in October
Regulation · 2024-11-30

Weaker midweek occupancy hurts Las Vegas visitation in October

Las Vegas visitation in October was strong on the weekends, but dropped slightly overall, as midweek visitation and convention attendance fell along with room rates. Despite the slowdown, the city remains ahead of its 2023 pace in the number of visitors.

The Las Vegas Convention and Visitors Authority (LVCVA) reported that the visitor volume in October was 3.56 million, down 1.8% from October 2023 and 2.8 below 2019 levels before the pandemic.

For the first 10 months of the year, the 34.9 million visitors are 2.4% ahead of the 34.1 million a year ago.

The LVCVA released the numbers ahead of the Nevada Gaming Control Board October gaming-revenue report. The Thanksgiving holiday caused a delay in the release, typically during the last week of the month.

Hotel occupancy was 85.7% in October, down from 87.7% in October 2023. Weekend occupancy at 94.6% ran ahead of the 94.4% a year ago. Midweek occupancy was 82.6% rate, down from 85.4% a year ago. Convention attendance contributed to that. The 559,200 convention attendees in October were down 12.7% from 640,600.

The LVCVA cited the absence of TwitchCon that brought in about 30,000 attendees a year ago and was held in San Diego this year. Other conventions also rotated out of Las Vegas.

Strip occupancy was 87.8%, down from 89.6% a year ago. Downtown occupancy of 80.4% was down from 82.3% in October 2023.

For the year, hotel occupancy of 83.9% matches the 84% through the first 10 months of 2023. Strip occupancy at 86.7% for the year is up from 86.6%. Weekend occupancy of 91.2% is essentially even with last year’s 91.3%.

For the year, convention attendance at 5.16 million is down some 25,000 or 0.5% from a year ago when it was 5.19 million.

Las Vegas Strip revenue per room in October was $203.92, down 9.5% year-over-year, but 52.5% ahead of October 2019.

The Strip’s average daily room rate of $232.35 in October was down 7.6% from a record of $251.42 a year ago. The downtown room rate was $121.73, down 4% from $126.78 a year ago.

熱門文章
GGC Awards 2026 璀璨科倫坡:致敬 iGaming 行業的領航者與創新力量
灰度頭條
橫跨全球6個城市,灰度8場派對邀你共看世界盃,重塑高質量社交新場景
灰度頭條
JILI 宣佈與全球板球傳奇 AB de Villiers(ABD)達成重磅戰略合作
體育遊戲
西班牙監管機構警告在線賭博平臺存在身份盜竊行為
合規與政策
菲律賓博彩技術賽道迎來新變局,B2B 供應模式加速滲透
東南亞資訊
印度最高法院受理公益訴訟,要求全國禁封「偽裝」成社交遊戲的賭博平台
合規與政策
巴西擬將博弈稅率提高至24% 稅收將用於社保與醫療領域
合規與政策
哈薩克計劃對線上賭場促銷活動進行處罰
合規與政策
越南在線博彩業政策收緊 催生市場新機遇
東南亞資訊
菲律賓網絡賭博和加密貨幣仍構成持續的洗錢風險
東南亞資訊
斯里蘭卡博弈產業大轉型,官方:劍指南亞拉斯維加斯
合規與政策
灰度在iGB L!VE 2026展位T70和你相約7月,一起點燃倫敦的熱情!
灰度頭條
越南博彩管控逐步放寬,惟本土需求仍顯乏力
東南亞資訊
超級PAC籌資4800萬美元:體育博彩勢力加碼
合規與政策
英國確認各垂直行業的賭博稅稅率
合規與政策
首頁
遊戲
合作
發現
我的