Most of the Las Vegas Convention and Visitors Authority’s numbers were still heading in the wrong direction in July. The only positive number in this month’s report was a small increase in convention goers (up 0.6 percent) and total number of conventions held (up 8.9 percent). Sadly the economic impact from these increases was actually 3.7 percent lower than July of last year.
Gaming revenue was especially hard hit, falling 15 percent for Clark County as a whole.
The average daily room rate in Las Vegas fell 10 percent to $105.97. The year to date average fell 6.6 percent to $126.51.
(All figures are year over year comparisons)