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Thursday, January 30, 2025

Las Vegas in 2024: Visitor Traffic Up 2.1% YoY; Convention Traffic Unchanged YoY

by Calculated Risk on 1/30/2025 03:59:00 PM

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

Closing out the year with Dec visitation of 3.4M visitors (+0.2% YoY), Las Vegas hosted approx. 41.7M visitors for the year, up 2.1% from last year’s 40.8M visitors.

With a strong December to end the year, Las Vegas convention attendance reached roughly 6.0M for the year, matching last year's tally.

December occupancy reached 81.9%, up 2.0 pts with ADR and RevPAR seeing YoY increases of +3.7% and +6.3% respectively. For the year, Hotel occupancy landed at 83.6%, just ahead of last year (up 0.1 pts) with annual Weekend occupancy of 90.8% (up 0.1 pts) and annual Midweek occupancy of 80.4%, also up 0.1 pts. Annual ADR reached $193 (+1.0% YoY) with annual RevPAR of $161 (+1.1% YoY).
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Las Vegas Visitor Traffic 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 0.2% compared to last December.  Visitor traffic was down 3.2% compared to December 2019.

Annual visitor traffic was down 2.0% compared to 2019.

The second graph shows convention traffic.

Las Vegas Convention Traffic
Convention traffic was up 42.7% compared to December 2023, and down 9.1% compared to December 2019.  

Annual convention traffic was down 9.8% compared to 2019.