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New report reveals how hard pandemic hit Las Vegas tourism industry – Las Vegas, Nevada

Las Vegas, Nevada 2021-07-28 22:19:17 –

Las Vegas (KTNV) — The tourism industry in southern Nevada was a huge hit in 2020 and is now learning how big it is. The new report reveals the pandemic’s impact on a visit to Las Vegas, but it’s not pretty.

The 22-page report was commissioned by the Las Vegas Convention and Visitors Authority and produced by Applied Analysis, a Las Vegas-based consulting firm. This reveals that many have already suspected that 2020 was arguably the worst economic year in Las Vegas ever. It’s all thanks to COVID-19.

The report contains spectacular statistics on the tourism industry in southern Nevada in 2020 compared to 2019. Employment fell by nearly 45% and visitor numbers fell by 55%. In 2019, visitor spending in southern Nevada exceeded $ 60 billion. Last year, that number was cut by more than half to $ 29.6 billion. Attendance at the convention fell to the lowest level in 21 years.

But since then, our city has bounced back. Las Vegas adviser Anthony Curtis calls the comeback quick and spectacular.

“Looking at the number of games since April, I think it’s increased by 28,000%,” he said with a laugh. “Well, it’s not difficult when there was little income last April, but it shows how fast things are bouncing back. People want to go back to Las Vegas. They want to go back to Las Vegas. I want to go out. They want to do things. It’s a little scary that things are going backwards, it’s like going back a bit. Because there’s another Maskman date here. But overall, the recovery has been remarkable so far, “Curtis said.

Curtis said there is one major region in southern Nevada that is still lagging behind pre-pandemic levels.

“Maybe mid-week visits are weekends when you see the town really full, both when the official numbers are displayed and when you’re walking down the street. Get there, but there’s still a way to go. Perhaps we’re most missing out, and that has to do with conventions and tourists flying from abroad, “Curtis said. rice field.

If you want to read the entire report Please click this link.

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