by Calculated Risk on 8/07/2024 03:01:00 PM

From the Las Vegas Visitor Authority: June 2024 Las Vegas Visitor Statistics

Las Vegas hosted nearly 3.5M visitors in June, beating last June by 1.8%.

Estimated convention attendance neared 420k but with a YoY decrease of ‐7.9% tied to some show rotation cycles, including the absence of the SHRM conference (20k attendees) that was held in Las Vegas last year but elsewhere this June, and the scheduling difference of the Las Vegas Licensing Expo (25k attendees) that fell in May this year vs. June in 2023.

Overall hotel occupancy reached 85.2% (down 0.3 pts), with YoY gains in Weekend occupancy (91.3%, up 1.1 pts) while Midweek occupancy (82.6%), was down ‐0.9 pts vs. last June. ADR of roughly $176 exceeded last year by 6.4%, and RevPAR approached $150, up 6.0% YoY.
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 1.8% compared to last June.  Visitor traffic was down 3.2% compared to June 2019.

Year-to-date visitor traffic is down 0.2% compared to 2019.

The second graph shows convention traffic.

Convention traffic was down 7.9% compared to June 2023, and down 18.4% compared to June 2019.  

Year-to-date convention traffic is down 10.1% compared to 2019.