The latest visitor and convention data for Las Vegas in June 2025 paints a grim picture, described by Not Leaving Las Vegas as an “unmitigated disaster.” Visitor volumes dropped 11.3% compared to June 2024, marking the continuation of a downward trend throughout the year. Conventions, a critical revenue source for the city, also fell by 10.7%, raising concerns about economic challenges and possible overpricing driving business to competing cities.
Hotel occupancy rates have plunged, with an overall drop of 6.5%, and actual figures would be worse if it weren’t for recent hotel demolitions reducing inventory. Weekend occupancy, usually a stronghold, declined to 87.6%, well below the historical support level of 90%. Despite these struggles, casino gaming revenue on the Strip slightly increased by 0.9%, mostly due to higher prices, while local casinos and Fremont Street saw significant gains, signaling a shift in where visitors are spending their money.
The report highlights complex economic dynamics affecting Las Vegas, from decreased international and regional visitors to changes in consumer behavior and pricing strategies. Not Leaving Las Vegas urges viewers to recognize these troubling trends rather than ignore them, promising future analysis on the “initification” of Vegas and the region’s high unemployment rate.
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