Las Vegas’ Tourism Numbers For June 2020 Were Brutal As Visitors Dropped 70 Percent; Hotel Room Tax Money For Raiders Stadium Will Be Down
By Alan Snel of LVSportsBiz.com
You knew June’s tourism numbers were going to be brutal for Las Vegas, but to actually see them in black and white is a nasty kick in the gut.
The number of visitors to Vegas was down 70.5 percent in June 2020 from June 2019 and total occupancy was 40.9 percent in June 2020, down 59.8 percent from one year ago in June 2019.
And while some of Las Vegas’ biggest and most well-known hotel-casinos reopened June 4, the convention attendance was a stunning zero. No trade shows in June. Nil. Take a look at the Las Vegas Convention and Visitors Authority (LVCVA) numbers.
LVSportsBiz.com bicycled from downtown Las Vegas to the Strip and also checked out the Raiders’ new stadium, which had its parking lots open Saturday morning.
The Strip was very quiet. In fact, only a few motorists even passed me.
A drop in visitors means a drop in hotel room tax revenue being collected by the Las Vegas stadium authority. The stadium board was collecting about $3 million-$5 million a month to help pay off the debt service on the $750 million that Southern Nevada contributed to help pay for the Raiders’ Allegiant Stadium.
There were some workers showing up Saturday morning, as you can see here.
Sports have returned in a big way to the U.S., including Las Vegas, where fans are taking Golden Knights postseason games in the Edmonton bubble this week and Las Vegas Aces WNBA games at the bubble in Bradenton.
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