Wednesday, January 13, 2021

Las Vegas Visitor Authority: No Convention Attendance, Visitor Traffic Down 57% YoY in November

by Calculated Risk on 1/13/2021 04:57:00 PM

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

With increasing COVID cases across the country and resumption of tighter travel restrictions and stay‐at‐ home orders in the latter half of November, Las Vegas visitation came in at approximately 1.5M, down ‐18.4% MoM and ‐56.8% YoY.

Total occupancy reached 39.3% for the month with weekend occupancy coming in at 55.4% and midweek occupancy at 32.4%.

Average daily rates among open properties reached $94 (‐10.1% MoM, ‐30.3% YoY) while RevPAR came in at approx. $37, down ‐69% vs. Nov 2019.
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 November was down 100% compared to October 2019.

And visitor traffic was down 57% YoY.

The casinos started to reopen on June 4th (it appears about 95% of rooms have now opened).