LAS VEGAS (KLAS) — Tourism officers cited financial uncertainty Friday as a brand new report confirmed Las Vegas guests have dropped by 6.5% in comparison with Could 2024 ranges.
The Las Vegas Conference and Guests Authority (LVCVA) reported an estimated 3.4 million guests in Could. That follows April’s report of a 5.1% decline.
Financial indicators in Southern Nevada have proven a drop in tourism, and the decline has been blamed on shopper worries about greater costs and uncertainty surrounding the economic system since President Donald Trump took workplace. There has additionally been a dramatic drop in tourism from Canada.
LVCVA’s report cited “headwinds of ongoing economic uncertainty.”
On Friday, Nevada casinos posted gaming wins that did not measure as much as ranges from final Could, down 2.1% statewide and three.9% on the Las Vegas Strip. Vacationers at Reid Worldwide Airport have declined 3.9% in comparison with Could 2024, in response to a Thursday report.
Nevada casinos down 2% from final Could, persevering with string in 2025
LVCVA’s tourism report confirmed lodges are making 5.7% much less cash per out there lodge room, and room nights occupied down by 5.5%. Total, lodge occupancy (83.0%) is down 3.1% in comparison with final Could. On the Strip, occupancy is 85.3%, whereas downtown lodges are at 74.8%.
The typical every day charge for a lodge room in Las Vegas was $198.20 in Could. On the Strip, rooms averaged $212.46, and downtown they have been less expensive at $109.39.
Regardless of the obvious battle to fill rooms, charges have been solely 2.2% decrease than they have been final Could.
LVCVA reported one vibrant spot — a rise in conference attendance, which introduced 511,200 guests in Could. That is 10.7% greater than Could 2024 ranges. Conventions increase midweek lodge occupancy, which hit 79.3% in Could.
