Tourism is down by roughly 11% in Las Vegas this year, with visitor numbers, convention attendance and hotel occupancy all lower than usual, according to the Las Vegas Convention and Visitors Authority. Why it matters: Las Vegas' financial health, with its large gambling market attractive to those with disposable income, is typically considered an indicator of the broader U.S. economy's strength. • The lower numbers, released last week, come alongside President Trump's escalating trade war that has frustrated travelers and a broader decline in international tourism to the U.S.

By the numbers: The destination experienced an 11% year over year decline in visitation, seeing roughly 400,000 fewer visitors in June of 2025, when compared to June of 2024.

Context: More broadly, international

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