Sales tax revenue from November, the month of the Formula One Grand Prix, shows the special event’s impact on the local economy.
Tourism
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The no-cost service at two locations is designed to minimize congestion at curbside dropoffs and at passenger ticket counters at Harry Reid International Airport.
Taylor Swift likely has her spot secured but others looking to land at Southern Nevada airports need to make their plans quickly, according to officials.
At the Vegas Chamber’s Preview Las Vegas event, economist Jeremy Aguero gave a breakdown on how much tourists spent during Las Vegas Grand Prix week.
Small businesses affected by Formula One traffic issues got a small victory with a bridge removal but may not see compensation for their financial losses.
When does a Motel 6 room cost more than an MGM Grand room? When it’s Super Bowl week. Fans in town for Super Bowl 58 will pay an average $444 a night.
As expected, November’s Formula One Las Vegas Grand Prix boosted the average daily room rate visitors paid, especially on the Las Vegas Strip.
Secondary ticket marketplace StubHub ranks the top 5 events to take place in Vegas in 2023
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.
With Sands shareholder Miriam Adelson near to completing the sale of $2B in stock to buy a majority interest in the Dallas Mavericks, a role in the Oak View project has been dismissed.
The inaugural Formula One Las Vegas Grand Prix was successful for some of the big resorts and a good time for fans, which is why it will continue to run here.
The Formula One race was expected to generate $1.2 billion in economic impact. But some small businesses near the Strip say they didn’t see much of a benefit.
As the Strip got back to its usual bumper-to-bumper traffic, resort executives said Formula One’s Las Vegas Grand Prix went better than they had hoped.
Hotel room rates on the Strip are some of the lowest they’ve been for last-minute travelers to the Formula One Las Vegas Grand Prix.
Many guests weren’t aware of Major League Baseball’s Thursday morning vote to relocate the Oakland A’s to Las Vegas. But fans are excited about a stadium at the Tropicana.