Visitor Record for Las Vegas

Official visitor statistics for 2012 finally broke the 2007 record. Presumably they will break 40 million by next year.

1997 30,464,635
1998 30,605,128
1999 33,809,134
2000 35,849,691
2001 35,017,317
2002 35,071,504
2003 35,540,126
2004 37,388,781
2005 38,566,717
2006 38,914,889
2007 39,196,761
2008 37,481,552
2009 36,351,469
2010 37,335,436
2011 38,928,708
2012 39,727,022

Of course, they are still spending a lot less than they did 5 years ago.

2012 $108.08 Average Room per Night :Total Room Nights Occupied 46,479,707
/ Strip gaming revenue $6,207,229,000 County Off Strip $3,192,653,000

2007 $132.09 Average Room per Night :Total Room Nights Occupied 43,978,733
/ Strip gaming revenue $6,827,613,000 County Off Strip $4,040,416,000

Paco I would just like to say thank you for all the statistical info you post. I am certainly a much more knowledgeable and informed person because of you, keep up the good work.

Okay, so room rates are now about thirty dollars less than 2007, but room rates now include a buffet coupon or two and perhaps fail to reflect a resort fee. So in effect room rates have indeed recovered to 2007 levels.

Clearly, the folks in Vegas are using a formula to bring in more patrons and hope they spend more... not working out so well. People have less money to spend.

Quote: rainman

Paco I would just like to say thank you for all the statistical info you post. I am certainly a much more knowledgeable and informed person because of you, keep up the good work.

Agreed ! Always interesting stuff.....

What would be interesting is to see occupancy rates compared to 2007. Since 2007, the Palazzo, Aria, Vdara, Cosmopolitan, Mandarin Oriental and Encore have all opened on the strip. My guess is the occupancy rate is markedly lower than it was in 2007 and thus the lower room rate per person.