Closing out the year with roughly 3.4M visitors in December, Las Vegas ended 2023 with annual visitation of 40.8M visitors, +5.2% ahead of 2022.Click on graph for larger image.
As the convention/group segment strengthened over 2022, annual est. convention attendance neared 6.0M in 2023, roughly 20% ahead of 2022's 5.0M tally.
2023 annual hotel occupancy reached 83.5%, +4.3 pts YoY, as Weekend occupancy reached 90.7% (+1.4 pts YoY) while Midweek occupancy improved to 80.3% for the year, +5.6 pts YoY.
Annual ADR for 2023 surpassed $191, beating last year by 11.9% while RevPAR neared $160, up 18% vs. 2022.
emphasis added
The first graph shows visitor traffic for 2019 (Black), 2020 (light blue), 2021 (purple), 2022 (orange), and 2023 (red).
Visitor traffic was up 2.7% compared to last December. For all of 2023, visitor traffic was up 5.2% compared to 2022. Visitor traffic was down 2.0% compared to the same month in 2019.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.