The Las Vegas Convention and Visitor’s Authority (or “LVCVA”) has released their December 2018 tourism executive summary, and we have the most interesting numbers for you here. While we didn’t quite match 2017’s 42.2 million visitors for the year, it came close: just over 42.1 million visitors came to Las Vegas in 2018. Convention attendance… Read more »
Posts Tagged: occupancy
Quest Academy Preparatory Education bought the 17-year-old, 3,252-square-foot 3,253 Adult Day Care facility, on 0.48 acres, at 7550 W. Alexander Road in Las Vegas for $360,000, or $111-per-square-foot, from Viza Real Estate Holdings LLC. Newmark Grubb Knight Frank’s Chris Godino and David Lipp represented the seller; Sun Commercial Real Estate’s Cathy Jones represented the buyer.
The August numbers are out from the Las Vegas Convention and Visitors Authority (LVCVA). While overall visitor volume was down 0.2% compared to August 2017, convention attendance was up 17.9% and auto and air traffic saw modest gains as well. The story is more mixed for the year to date, with convention attendance down slightly… Read more »
The latest stats from LVCVA are out, and again things are trending down slightly for Las Vegas. As noted earlier on our blog, gaming revenue in the county was down 3.2 percent. While air traffic was up and auto traffic, at least along I-15, was essentially flat, overall visitor volume was down 3.7 percent. Due… Read more »
The latest compilation of stats is out from the Las Vegas Convention and Visitors Authority. It shows visitor volume down 2% from record-setting August 2016. Citywide occupancy dipped slightly, and fewer rooms were available. As a result, room nights occupied fell 1.9% but revenue per available room and average daily room rates by 2% and… Read more »
RCG Economics and the UNLV LIED Institute for Real Estate Studies are happy to present the results of our Las Vegas Valley Quarterly Commercial Surveys and industrial market research for the third quarter of 2014. It was a good quarter for all three major markets (Industrial, Speculative Office and Anchored Retail). All markets saw a… Read more »