Las Vegas Visitor Authority for December: Visitor Traffic Down 13.3% Compared to 2019 - InvestingChannel

Las Vegas Visitor Authority for December: Visitor Traffic Down 13.3% Compared to 2019

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

Las Vegas visitation saw positive gains through much of 2021, ending the year with 32.2M visitors, about three‐quarters of pre‐COVID volume but well ahead of the 19M visitors hosted in 2020.

Amidst the challenges of COVID, active and evolving safety and health protocols across the destination allowed Las Vegas conventions and meetings to continue in 2021 with an estimated attendance of 2.2 million for the year, roughly a third of pre‐COVID levels.

Overall hotel occupancy approached 67% for the year, dramatically ahead of 2020’s 42.1% tally but below the 88.9% level of 2019. In part due to the challenged convention group segment, Midweek saw annual occupancy reach 60.5%, +23.1 pts vs. 2020 but ‐25.8 pts vs. 2019. Compared to midweek activity, weekends saw a stronger recovery, exceeding 87% in seven out of twelve months and ending the year at 81.3% (+28.5 pts vs. 2020 and ‐13.6 pts vs. 2019).

Las Vegas Visitor Traffic Click on graph for larger image.

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

Visitor traffic was down 13.3% compared to the same month in 2019.

There was no convention traffic from March 2020 until June 2021 (In December, convention traffic was down 64% compared to 2019).

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