by Calculated Risk on 5/27/2022 12:34:00 PM
Friday, May 27, 2022
Las Vegas April 2022: Visitor Traffic Down 4.5% Compared to 2019
Note: I like using Las Vegas as a measure of recovery for both leisure (visitors) and business (conventions).
From the Las Vegas Visitor Authority: April 2022 Las Vegas Visitor Statistics
The pandemic recovery continued in April with strengthening visitation as the destination hosted nearly 3.4M visitors, roughly 31% ahead of last April and less than 5% behind April 2019.Click on graph for larger image.
Overall hotel occupancy reached 84%, up approx. 18.4 pts YoY and down only 7 pts vs. April 2019. Weekend occupancy exceeded 93% (up 9.7 pts YoY and down 3.5 pts vs. April 2019) and Midweek occupancy exceeded 79% (up 21.5 pts YoY and down 9.5 pts vs. April 2019).
Breaking the previous monthly record set just this past October, ADR exceeded $177, 62% ahead of last April and nearly 36% above pre‐COVID levels of April 2019 while RevPAR approached $149 for the month, dramatically ahead of April 2021 (+107.4%) and 25.4% over April 2019.
The first graph shows visitor traffic for 2019 (dark blue), 2020 (light blue), 2021 (yellow) and 2022 (red)
Visitor traffic was down 4.5% compared to the same month in 2019.
Note: There was almost no convention traffic from April 2020 through May 2021.