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Tuesday, April 27, 2021

Las Vegas Visitor Authority for March: No Convention Attendance, Visitor Traffic Down 40% Compared to 2019

by Calculated Risk on 4/27/2021 02:42:00 PM

From the Las Vegas Visitor Authority: March 2021 Las Vegas Visitor Statistics

March 2021 saw the highest visitation since Feb of last year as the destination welcomed more than 2.2M visitors, up nearly 45% MoM. With travel reduced last March due to the initial shutdown, year‐over‐year (YoY) comparisons show a 45.7% increase while a comparison to pre‐COVID 2019 monthly metrics shows visitation down roughly ‐40% from March 2019.

Hotel occupancy ramped up to 55.5%, up 13.5 pts MoM, as Weekend occupancy reached 77.7% (up 14.9 pts MoM) and Midweek occupancy reached 47.8% (up 15.7% MoM).
Las Vegas Visitor Traffic Click on graph for larger image.

The first graph shows visitor traffic for 2019 (blue), 2020 (orange) and 2021 (red).

Visitor traffic was down 39.7% compared to the same month in 2019.

Convention traffic was non-existent again in March, and was down 100% compared to March 2019.

There has been no convention traffic since March 2020.  

I'll add a graph of convention traffic once conventions start to reopen.

Note: A convention is scheduled for early June (HT MS): "Informa Markets, organizers of the World of Concrete, has received approval from the Nevada Department of Business and Industry to move forward with its 2021 in-person edition. The event is scheduled to be held June 8-10, 2021 at the Las Vegas Convention Center."