Thursday, August 27, 2020

Las Vegas Visitor Authority: No Convention Attendance, Visitor Traffic Down 61% YoY in July

by Calculated Risk on 8/27/2020 04:47:00 PM

From the Las Vegas Visitor Authority: July 2020 Las Vegas Visitor Statistics

The destination hosted an estimated 1.4M visitors in July, about 40% of last year's levels but up from the approximately 1.1M visitors hosted in June. The convention segment continued to register no measurable volume with continued mandated restrictions on group sizes.

With open properties representing an inventory of 123,684 rooms*, total occupancy reached 42.5% for the month while weekend occupancy came in at 54.4% and midweek occupancy reached 36.9%.
* Reflects weighted average of daily room tallies
Here is the data from the Las Vegas Convention and Visitors Authority.

Las Vegas Click on graph for larger image.

The blue and red bars are monthly visitor traffic (left scale) for 2019 and 2020.   The dashed blue and orange lines are convention attendance (right scale). 

Convention traffic in July was down 100% compared to July 2019.

And visitor traffic was down 61% YoY.

The casinos started to reopen on June 4th (it appears about 80% of rooms have now opened).