The hotel occupancy rate in Las Vegas reached 83.5 percent in 2023. This figure reflects an increase over the previous year's total of 79.2 percent. In 2020, hotel occupancy was severely impacted by the coronavirus (COVID-19) pandemic. Tourism in Las Vegas With a population of more than one and a half million, the city of Las Vegas is the most populous in the state of Nevada. It is a well-known resort city with gambling, dining, shopping and nightlife being its main attractions and drawing millions of visitors each year from other parts of the United States and beyond. However, the growing cases of coronavirus infections caused enormous repercussions in the city’s tourism. In 2020, the number of visitors to Las Vegas dropped by as much as 55 percent from the previous year. Hotel occupancy and daily room rates also declined in that year. How did COVID-19 affect casino gaming? As with the lodging sector, the gambling industry was also severely affected by the pandemic. In order to control the spread of the virus, casinos and non-essential businesses were forced to close, causing a staggering drop in casino revenue. The win amount of casino poker games in Nevada fell by over 50 million U.S. dollars from 2019 to 2020.

In 2024, Las Vegas Sands property The Venetian in Macao had a room occupancy rate of **** percent. Meanwhile, the Marina Bay Sands in Singapore had the highest occupancy rate amounting to **** percent.

Graph and download economic data for All Employees: Accommodation: Casino Hotels in Las Vegas-Henderson-Paradise, NV (MSA) (SMU32298207072112001A) from 1990 to 2024 about casino, hotel, Las Vegas, accommodation, NV, employment, and USA.

This statistic shows the vacancy rate of industrial property in Las Vegas, Nevada from 2008 to 2018. In 2018, the vacancy rate for industrial space in Las Vegas, Nevada was 3.6 percent.

Comprehensive Airbnb dataset for Las Vegas, United States providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

The LTR Genie Score of North Las Vegas, NV is 77, indicating a high level of rentability for long-term rental properties in the area. The STR Genie Score is even higher at 88, suggesting that short-term rental properties, such as Airbnb, may be particularly lucrative in this market. The high scores can be attributed to the strong LTR and STR Net ROI rates of 35.57% and 55.1% respectively, as well as the solid STR occupancy rate of 62.07 and revenue of 4247.North Las Vegas, NV is a growing city with a diverse economy, including industries such as manufacturing, healthcare, and logistics. The area is known for its affordable housing options and proximity to Las Vegas attractions, making it an attractive location for real estate investors.Based on the metrics provided, North Las Vegas, NV appears to be a promising market for both long-term and short-term rental investments. The high LTR and STR Genie Scores, along with positive rent growth rates and strong ROI figures, suggest that investors could potentially see significant returns in this market. It may be worth considering a diversified investment strategy that includes both long-term and short-term rental properties to take advantage of the various opportunities available in North Las Vegas, NV.

The LTR Genie Score of Las Vegas, NV is 71 and STR Genie Score is 77, indicating a high level of rentability for both long-term and short-term rental properties in the area. The high scores can be attributed to the strong LTR Rent Growth Rate of 5.87% and the impressive LTR Net ROI of 29.57%. Additionally, the STR Net ROI of 40.07% and the high STR Occupancy rate of 55 contribute to the high STR Genie Score. The 1-Year Price Appreciation Forecast of 0.04% suggests stable property values in the near future.Las Vegas, NV is a popular tourist destination known for its vibrant entertainment scene, world-class dining, and bustling nightlife. The city's economy is heavily reliant on the tourism industry, making it a prime location for short-term rental investments. Additionally, Las Vegas has a growing population and a strong job market, creating a steady demand for long-term rental properties.Based on the metrics provided, Las Vegas, NV appears to be an attractive market for both long-term and short-term rental investments. The high LTR and STR Genie Scores, along with the positive rent growth rate and ROI figures, indicate promising opportunities for real estate investors in the area. Investors may consider diversifying their portfolio by investing in both long-term and short-term rental properties to capitalize on the strong rental market in Las Vegas.

In 2023, Las Vegas had ******* available lodging rooms, up from the previous year’s total of ******* rooms. The number of available lodging rooms in the city peaked in 2023.

Comprehensive Airbnb dataset for North Las Vegas, United States providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

The largest hotel in Las Vegas by number of rooms was the MGM Grand, accounting for ***** hotel rooms as of October 2019. The second largest establishment was Luxor Hotel and Casino with ***** rooms.