The Las Vegas Convention and Visitors Authority expects a 1.8 percent increase in visitor volume, but a 20.2 percent increase in their spending for summer’s kickoff.
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Hotel rates for the New Year’s Eve “America’s Party” celebration on the Strip are nearly three times as high as the average rates for the coming Christmas weekend.
As some U.S. travelers adjust vacation plans amid high fuel costs and inflation, Las Vegas may benefit from pent-up demand and the destination’s value proposition, experts say.
Memorial Day weekend will look more like a pre-pandemic unofficial start to summer, experts said, as millions of Americans prepare to travel.
The property owners are seeking $7 million an acre, or $182 million total, for the spread near Mandalay Bay.
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