Las Vegas tourism in November 2024 mirrored blended outcomes, with total visitation barely rising however many different key metrics declining. In keeping with the Las Vegas Conference and Guests Authority (LVCVA), customer quantity grew by 0.6% year-over-year to 3.3 million, thanks partly to the Formulation One Las Vegas Grand Prix and the Specialty Tools Market Affiliation commerce present.
November tourism overview:
“November noticed increased weekend occupancy versus final yr (89.1 %, up 0.4 factors) however decrease midweek occupancy (78.9 %, down 2 factors) as total lodge occupancy for the month reached 81.4 %, down 0.5 factors,” famous Kevin Bagger, vp of the LVCVA Analysis Heart, in accordance with Las Vegas Evaluation-Journal.
Regardless of this progress in visitation, the town’s efficiency lagged in comparison with final yr’s record-breaking ranges fueled by the inaugural Formulation One race. Common every day room charges for the month dropped 20.3% to $198.72, nonetheless marking the second-highest determine for November.
Different vital indicators revealed a downward development. Passenger site visitors at Harry Reid Worldwide Airport declined by 2.1% year-over-year, with 4.7 million vacationers. Whereas home site visitors dipped 3.3%, worldwide arrivals surged by 16.2%. Conference attendance dropped 8.4% to 548,200 guests, with fewer small and midsize conferences held within the metropolis. Common every day vehicle site visitors on Interstate 15 on the California-Nevada border decreased by 2% to 44,916 autos.
Regardless of the November setbacks, the airport stays on monitor for a record-breaking yr, with 53.6 million passengers tallied to this point in 2024, a 1.4% enhance over the earlier yr.
12 months-to-date efficiency:
For the primary 11 months of 2024, Las Vegas welcomed 38.3 million guests, a 2.2% rise in comparison with the identical interval in 2023. Nevertheless, conference attendance dipped barely by 1.3% to 5.7 million, whereas lodge room occupancy remained almost regular, falling simply 0.1 factors to 83.7%.
Though room charges dropped considerably in November, the year-to-date common elevated by 0.7% to $193.12 per night time. Site visitors on Interstate 15 additionally skilled a minor decline, down 0.6% year-to-date.
Southern Nevada’s neighboring cities reported various outcomes for November. Laughlin noticed a 5.9% rise in customer quantity to 94,000. Nevertheless, lodge occupancy barely declined by 0.7 factors to 42.4%, and common room charges fell by 0.5% to $55.08. 12 months-to-date figures present visitation up 3.3% however occupancy down 1.5 factors to 50.3%, with room charges declining by 0.9%. Mesquite, however, skilled a major 10.8% drop in customer numbers to 66,000. Lodge occupancy decreased by 3.7 factors to 72.9%, however common room charges rose sharply by 9.3% to $89.65. For the yr, Mesquite’s customer rely fell 8.8% to 778,000, with occupancy down 4.5 factors to 74.5%, whereas room charges elevated by 10.2%.
Because the yr attracts to a detailed, Las Vegas stays on tempo to surpass its 2023 visitation numbers regardless of some late-year setbacks. Town’s worldwide enchantment continues to develop, with Harry Reid Worldwide Airport setting its sights on a record-breaking yr for passenger quantity.
