LAS VEGAS (KLAS) — Another deep drop in Las Vegas tourism numbers showed visitor numbers declining by 12% in July, and resorts are making less money from the tourists that do make the trip.
Hotel occupancy dropped to 76.1% in July, according to a Friday report from the Las Vegas Convention and Visitors Authority (LVCVA). That's a 7.6% decline compared to July 2024, when occupancy was at 83.7%.
Average room rates are down 3.4% — $154.76 compared to $160.15 in July 2024.
An important measure of resorts' profitability, RevPAR (Revenue Per Available Room), has fallen dramatically compared to last July. Overall, RevPAR is down 12.1%. That means each room is generating $117.77 per day, a big drop from $134.05 last July. RevPAR indicates how much guests are spending at the resort.
Steve Hill,