Las Vegas in January saw the lowest number of visitors and hotel occupancy since March, the Las Vegas Convention and Visitors Authority reported Friday.
With convention traffic down 55.3% from pre-pandemic levels, lack of meeting attendance was a significant factor in the drop in overall visits.
Another key indicator, the average daily room rate, was the lowest since February 2021
“With the omicron variant and continued impacts on the convention group segment, Las Vegas visitation reached 2.47 million, about three-quarters of pre-COVID levels in January 2019, but significantly higher. 91.2%, than in January 2021,” said Kevin Bagger, vice president. president of the LVCVA research center.
“Overall hotel occupancy reached 59.3%, 27.7 points before January 2021 but 24.7 points below January 2019,” Bagger said. “Reflecting the struggling convention group segment, midweek occupancy was 52%, 29.5 points from January 2021, but down 30.1 points from January 2019. As in recent months, weekends have fared better than midweek, with weekend occupancy up to 74.6%, 26.3. points ahead of January 2021 and down 14.2 points from January 2019.”
This is a developing story. Check back for updates.