Las Vegas Visitor Authority for July: Convention Attendance N/A, Visitor Traffic Down 10% Compared to 2019 - InvestingChannel

Las Vegas Visitor Authority for July: Convention Attendance N/A, Visitor Traffic Down 10% Compared to 2019

From the Las Vegas Visitor Authority: July 2021 Las Vegas Visitor Statistics

July marked the strongest visitation month since the pandemic began as the destination hosted 3.3M visitors, up 11.2% MoM and down ‐10.4% from July 2019.

Hotel occupancy continued to ramp up, exceeding 79% (up 3.5 pts MoM, down ‐11.7 pts vs. July 2019), as Weekend occupancy came in at 88.1% (down ‐1.3 pts MoM) while Midweek occupancy increased to 74.6% (up 3.7 pts MoM, down ‐14.1 pts vs. July 2019.)

ADR came in very strong during the month, reaching $152, surpassing last month by 19%, and RevPAR beat comparable 2019 monthly levels for the first time as it reached $120.79, up +24.4% MoM and 4.5% ahead of July 2019.

Las Vegas Visitor Traffic Click on graph for larger image.

The first graph shows visitor traffic for 2019 (blue), 2020 (orange) and 2021 (red).

Visitor traffic was down 10.4% compared to the same month in 2019.

There had been no convention traffic since March 2020, but there were a few conventions in June (data not available yet).
I’ll add a graph of convention traffic once convention data is available.

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