by Calculated Risk on 2/19/2019 11:31:00 AM
Tuesday, February 19, 2019
During the recession, I wrote about the troubles in Las Vegas and included a chart of visitor and convention attendance: Lost Vegas.
Since then Las Vegas visitor traffic recovered to new record highs.
However, in 2018, visitor traffic declined 0.2% compared to 2017, but was still 7.5% above the pre-recession peak.
Convention attendance declined 2.2% in 2018 from the record high in 2017. Here is the data from the Las Vegas Convention and Visitors Authority.
Click on graph for larger image.
The blue bars are annual visitor traffic (left scale), and the red line is convention attendance (right scale).
Historically, declines in Las Vegas visitor traffic have been associated with economic weakness, so the declines in 2017 and 2018 are a little concerning for the Vegas area.