High-rollers win big for Las Vegas

High-rollers win big for Las Vegas

The Las Vegas Convention & Visitors Authority (LVCVA) has announced the destination attracted 38.9 million visitors in 2011, the second highest visitor total in history.

“The numbers reflect the strength of our brand as Las Vegas remains top of mind among travellers,” said Rossi Ralenkotter, LVCVA president. 

“The commitment of our resort partners to continue to invest in their properties allows Las Vegas to remain the premier travel destination in the world.” 

Las Vegas attracted 4.3 per cent more visitors than in 2010 and maintained a city-wide occupancy rate of nearly 84 per cent for the year even with an inventory of more than 150,000 hotel rooms.

Recovery in the convention industry contributed to the increase, with the destination hosting 8.8 per cent more business travellers and 5.7 per cent more events in 2011 than the previous year. 

McCarran International Airport reported a 4.3 per cent increase in passengers for the year as well.

“Las Vegas tourism is in a steady recovery and we believe the trend will continue in 2012,” added Ralenkotter.

“We project 40 million visitors this year which would establish a new record.”

Las Vegas hosted 39.2 million visitors in 2007. 

The destination has experienced 22 consecutive months of year-over-year growth in visitation and average daily room rates through December. 

The average room rate for 2011 was $105.