The Boring Company is set to begin its second 4,475-foot tunnel 40 feet underground on the $52.5 million people-mover project at the Las Vegas Convention Center.
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It’s too early to know the financial impact of the cancellations, but last year the Las Vegas conventions and business meetings generated $6.3 billion of direct economic impact and about 6.6 million business travelers, according to a report from the Las Vegas Convention and Visitors Authority.
Flights between Las Vegas and South Korea are set to be suspended next week due to ongoing concerns regarding the coronavirus outbreak.
Inbound travel to the U.S. is expected to fall 6 percent over the next three months compared to the same period in 2019 amid the coronavirus outbreak, according to a Tuesday report from the U.S. Travel Association.