Benefitting from a mix of headliners and events from NASCAR to Madonna to several college
basketball tournaments, Las Vegas visitation neared 3.7M in March 2024, up +0.4% YoY and
nearly matching Mar 2019.With a tough comparison to record‐breaking convention attendance last March when the
destination hosted the triennial CONEXPO‐CON/AGG tradeshow (142,000), convention attendance
this March saw a ‐37.2% YoY decrease.Overall hotel occupancy reached 85.3% for the month (‐3.0 pts YoY). After breaking the record for
both ADR and RevPAR last March, ADR and RevPAR saw a decrease of ‐16.4% and ‐19.2%
respectively.
emphasis added
Click on graph for larger image.
The first graph shows visitor traffic for 2019 (Black), 2020 (dark blue), 2021 (light blue), 2022 (light orange), 2023 (dark orange) and 2024 (red).
Visitor traffic was up 0.4% compared to last March. Visitor traffic was down 0.7% compared to the same month in 2019.
Convention traffic was down 37.2% compared to March 2023, and down 12.3% compared to March 2019.