by Calculated Danger on 1/13/2025 02:16:00 PM
From the Las Vegas Customer Authority: November 2024 Las Vegas Customer Statistics
Punctuated by the second annual F1 Las Vegas Grand Prix and the SEMA tradeshow, Las Vegas
hosted greater than 3.3M guests in November, barely up over final yr (+0.6% YoY).With a internet lower in churn of mid‐dimension and smaller conferences vs. final yr, conference attendance
was 548k for the month, down ‐8.4% YoY.November noticed increased Weekend occupancy vs. final yr (89.1%, up 0.4 pts) however decrease Midweek
occupancy (76.9%, down ‐2.0 pts) as total Lodge occupancy for the month reached 81.4%, down
‐0.5 pts. Whereas down in comparison with the file‐shattering ranges tied to final yr’s inaugural F1
race, month-to-month ADR this yr noticed the second highest on file for the month of November,
reaching $199 (‐20.3% YoY) whereas RevPAR got here in at approx. $162 (‐20.8% YoY).
emphasis added
Click on on graph for bigger picture.
The primary graph exhibits customer site visitors for 2019 (Black), 2020 (darkish blue), 2021 (mild blue), 2022 (mild orange), 2023 (darkish orange) and 2024 (pink).
Customer site visitors was up 0.6% in comparison with final November. Customer site visitors was down 3.2% in comparison with November 2019.
Conference site visitors was down 8.4% in comparison with November 2023, and down 9.1% in comparison with November 2019.
Yr-to-date conference site visitors is down 9.2% in comparison with 2019.
