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Wednesday, February 10, 2021

Las Vegas Visitor Authority: No Convention Attendance, Visitor Traffic Down 64% YoY in December

by Calculated Risk on 2/10/2021 12:23:00 PM

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

With resumption of broader COVID-related restrictions across the country and the absence of traditional seasonal special events such as NFR, Las Vegas visitation came in at approximately 1.2M in December, down - 17.6% MoM and -64.0% YoY.

With the combined impacts of the pandemic in the course of the year, Las Vegas hosted just over 19M visitors in 2020, down -55% from 2019.

Total occupancy dropped to 30.9% from 39.3% in Nov and 85.1% during last year's robust December. Weekend occupancy for the month came in at 45.4% and midweek occupancy was 25%.Mbr .

Average daily rates among open properties reached $100 (up 6.5% from Nov but down -20% YoY) while RevPAR came in at approx. $31, down -71% vs. Dec 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 December was down 100% compared to December 2019.

And visitor traffic was down 64% YoY.

The casinos started to reopen on June 4th (it appears about 96% of rooms have now opened).

On an annual basis, visitor traffic was down 55% compared to 2019, and convention attendance was down 74%.