Tourist volumes have been on a steady climb since the pandemic and those visitors are spending more than they ever have.
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Several Strip-area businesses want Formula One Grand Prix officials to address revenue losses that stem from months of race-related road work.
Analysts say Super Bowl may have had bigger impact, but the annual appearance of F1 during a slow time on the city’s calendar may be bigger in the long haul.
Revenue records were shattered during November’s Formula One race. The live entertainment tax collection was between $30 million and $35 million, the LVCVA said.
Formula One and Super Bowl are just two of several big events that will draw thousands of people to Southern Nevada between now and mid-February.
At a philanthropy summit, officials from the Super Bowl LVIII Host Committee and Formula One discussed how these events are looking to give back to the community.