Las Vegas on a downward trajectory

23,715 Views | 234 Replies | Last: 1 day ago by Urban Ag
Krombopulos Michael
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Every city has its own ups and downs. Over the last few weeks/months Twitter/Youtube verse have been posting headlines like this.


Probably three things at play IMO.....

1) Private equity/corporate greed ruining the experience (finance/accounting execs not hospitality execs)

2) the average American consumer is tapped out

3) Younger generations tastes are completely different than older generations.

Aggie Jurist
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AG
Vegas used to be about the gambling. Food was cheap, rooms were cheap. They wanted you in the casinos. Then it changed to a resort/convention town. There are lots of those.
Ellis Wyatt
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Plus, the Biden economy wrecked people's finances. Money has been tight. Places like Vegas are expendable to most of us.
flown-the-coop
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AG
I saw several of these over the last week but I think the consensus was this is like shark attacks in summer.

It's one of the slower / slowest times of year for Vegas with a death of conventions, sports, and it's hot as balls.

Plus Spirit Airlines raised prices.

Trump send out form of these tariff dividends checks, "cooler" weather and fall football and NBA returning should do the trick.

And WNBA dildo betting to boot.
BQ_90
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AG
i went to Vegas for the bowl game, i was shocked how little of the casino floor was devoted to gambling. it's a shopping/show destination now
Who?mikejones!
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Vegas sucks.

And let's me add- lots of america sucks to visit because they're trying to squeeze every last ounce of blood from their tourist turnips.

I just got back from 10 days in Colorado. We ate out once. Its just too damn expensive. In fact, the only thing we did that required paying someone was go to a national park and getting a fishing liscense. I hardly spent any money in the town we're practically part time residents of.
Hullabaloonatic
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Tourism across the US as a whole is down. The World Travel & Tourism Council (WTTC), the global body representing the Travel & Tourism private sector, announced in May its latest Economic Impact Research which found that the U.S. is on track to lose $12.5B in international visitor spending this year.

I think it's interesting that OP didn't list Trump as any of the potential reasons for tourist decline amongst Las Vegas or anywhere in general. The significant decline in visitors from Canada is particularly costly, as Canadian tourists made up roughly one-quarter of all foreign travelers who came to the United States in 2024, according to the U.S. National Travel and Tourism Office (NTTO). Last year, Canadians spent $20.5 billion. In May, Canadian visitations dropped by 38% by car and 24% by air compared to the same month in 2024. It was the fifth consecutive month of steepening year-over-year declines, following double-digit drops in April and March.

I think it's fair to speculate whether Trump's antagonistic actions towards our neighbors to the North have directly impacted the willingness of Canadians to cross the border for leisure.
BMX Bandit
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Quote:

It's one of the slower / slowest times of year for Vegas with a death of conventions, sports, and it's hot as balls.

thats why the relevant comparison is to the previous year for that month. I haven't seen july yet, but june was down 10%.

I do think its not as bad as media is pushing, but there are issues to be sure. one article I saw pins it in large part on california residents not traveling to vegas as much. the economy there really is in shamble, not to mention the fires, etc.

if you look online right now, a room at the Wynn is $899. same for bellagio. $559 at fountainbleu.

So the high end hotels sure aren't needing to beg people to come at this point.
BQ78
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AG
Are you serious, Jack? Canadians who hate Trump are normally half of Vegas visitors. Sure.
Logos Stick
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Don't care if any Canadians ever come here again. Bunch of socialist leeches!
LMCane
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how come none of the geniuses brought up the most important point-

why go to Las Vegas when you can gamble on everything from your own HOME COMPUTER NOW?!?
Panama Red
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AG
BQ78 said:

Are you serious, Jack? Canadians who hate Trump are normally half of Vegas visitors. Sure.

At places like Excalibur or even New York New York, the number of Canadians is even higher. Usually arrived on Spirit Airlines.
JerryHelper
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In a post COVID economy, no one has patience for being charged up the ass like Vegas does now. In the old days, the unspoken agreement was we're coming to this place to blow money on gambling, so incentives to do so were the great prices in rooms, drinks and food.

Been to Vegas in the past three years? It's almost impossible to buy any kind of meal for a single person for under $30, a beer is over $15 pretty much anywhere, rooms are off the chart. Walking into a sportsbook and grabbing a seat? Forget it. You'll need to buy $100 worth of food and booze for that privilege. And charging for parking now? Blow me!

Vegas has gone the way of so many industries the past few years: jack up the prices to an insane amount and hope enough wealthy people pay in to go higher than the old days. But Vegas is dead for normal people at this point. It was a nice run.
2000AgPhD
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The Canuck economy is in the s#itter right now, so that may be the reason the Canadians aren't showing up. It has nothing to do with Trump. Do thousands of conservatives refuse to go to London because it has a Socialist mayor?
doubledog
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There will always be a Las Vegas, because there will always be sin. Sad but true.
BMX Bandit
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LMCane said:

how come none of the geniuses brought up the most important point-

why go to Las Vegas when you can gamble on everything from your own HOME COMPUTER NOW?!?

that probably does have some effect, but they said the same thing when casinos exploded across the nation in late 90s early 00s. why fly to Vegas, when you can go an hour or so drive away? tourism to vegas increased as gambling proliferated across the country.

people are not going to vegas just "to gamble" per se. its the experience. (which hotels are killing with nickel and diming everything)
Krombopulos Michael
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LMCane said:

how come none of the geniuses brought up the most important point-

why go to Las Vegas when you can gamble on everything from your own HOME COMPUTER NOW?!?

The blow is much better in Vegas. And choking hookers in your living room with pictures of your kids on the wall just isn't the same as a sleazy way off the strip motel room......
Panama Red
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AG
Quote:

Been to Vegas in the past three years? It's almost impossible to buy any kind of meal for a single person for under $30, a beer is over $15 pretty much anywhere, rooms are off the chart. Walking into a sportsbook and grabbing a seat? Forget it. You'll need to buy $100 worth of food and booze for that privilege. And charging for parking now? Blow me!

The price on that last one has also gone up exponentially. I heard.
EMY92
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AG
Years ago, you could find great deals on the Strip. Now, everything is outrageous, and that doesn't include gambling losses. I can travel to many other locations that I'll enjoy more for less money.
Jack Ruby
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LMCane said:

how come none of the geniuses brought up the most important point-

why go to Las Vegas when you can gamble on everything from your own HOME COMPUTER NOW?!?


This. If you have a gambling itch to scratch, why bother with airfare, expensive hotels, general Vegas riff-raff, etc. when you could whip out your phone on your couch to place your $5 seven-leg parlay on Sunday morning?

As someone else stated, people's tastes in entertainment are changing rapidly. It's why we're seeing so many traditional entertainment venues getting decimated lately. Not saying this is the death knell of Vegas by any stretch, but they do need to re-tool.
BMX Bandit
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Krombopulos Michael said:

LMCane said:

how come none of the geniuses brought up the most important point-

why go to Las Vegas when you can gamble on everything from your own HOME COMPUTER NOW?!?

The blow is much better in Vegas. And choking hookers in your living room with pictures of your kids on the wall just isn't the same as a sleazy way off the strip motel room......

The man has a point.
Hoyt Ag
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AG
EMY92 said:

Years ago, you could find great deals on the Strip. Now, everything is outrageous, and that doesn't include gambling losses. I can travel to many other locations that I'll enjoy more for less money.

Yep. Agree 10,000%
flown-the-coop
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AG
Sydney Sweeney Blue Jean Burlesque show will bring people back.
rononeill
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Call me crazy, but I believe Vegas will be just fine. Maybe the strip will suffer for a moment, but the offstrip venues are thriving. In-migration/California Exodus, diversification of employment- LV, the city, is on a Phoenix trajectory.
LMCane
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2000AgPhD said:

The Canuck economy is in the s#itter right now, so that may be the reason the Canadians aren't showing up. It has nothing to do with Trump. Do thousands of conservatives refuse to go to London because it has a Socialist mayor?

LOL I am actually considering NOT going to London because it's a haven for Hamas terrorists.

so yes.
CrackerJackAg
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AG
I don't mind more of the fat, badly dressed poors staying home.

Vegas can be pretty gross.
Science Denier
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AG
Hullabaloonatic said:

Tourism across the US as a whole is down. The World Travel & Tourism Council (WTTC), the global body representing the Travel & Tourism private sector, announced in May its latest Economic Impact Research which found that the U.S. is on track to lose $12.5B in international visitor spending this year.

I think it's interesting that OP didn't list Trump as any of the potential reasons for tourist decline amongst Las Vegas or anywhere in general. The significant decline in visitors from Canada is particularly costly, as Canadian tourists made up roughly one-quarter of all foreign travelers who came to the United States in 2024, according to the U.S. National Travel and Tourism Office (NTTO). Last year, Canadians spent $20.5 billion. In May, Canadian visitations dropped by 38% by car and 24% by air compared to the same month in 2024. It was the fifth consecutive month of steepening year-over-year declines, following double-digit drops in April and March.

I think it's fair to speculate whether Trump's antagonistic actions towards our neighbors to the North have directly impacted the willingness of Canadians to cross the border for leisure.

In 2023 there were 1.4 million tourists from Canada visit Las Vegas.
Open Jaw

I get the REEEEEE TRUMP!!!!! from the TDS'ers, so, anything bad is Trump's fault to them.

But Vegas in 2023 had a total of over 40 million. The Canada tourists numbers are round off to the Vegas economy. Even if there were ZERO tourists coming from Canada, that would be a whopping 3.5% reduction in tourists visiting Las Vegas.

The decline in tourists in Las Vegas has nothing to do with Trump. I would say nice try, but, well, it's not.
LOL OLD
BBRex
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AG
I feel like the monetization of every aspect of everything is making travel less and less affordable for everyone, everywhere.
Logos Stick
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Canada is in a recession. They've had back to back contraction of quarterly GDP. That has a lot to do with it.
Sid Farkas
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AG
Vegas has turned into one giant carnival cruise ship filled with Spirit airlines passengers.
flown-the-coop
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AG
BBRex said:

I feel like the monetization of every aspect of everything is making travel less and less affordable for everyone, everywhere.

How does it make it less affordable? You literally have more options to pick and choose when, where, how to spend your money.

I love the option to be able to spend money to avoid crowds, long lines, ****ty food and watered-downed drinks.

The more stuff that is included the more you excite the Karen's to complain that their Bloody Mary only had one strip of bacon on it and the filet mignon salisbury steak was overcooked.
flown-the-coop
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AG
Sid Farkas said:

Vegas has turned into one giant carnival cruise ship filled with Spirit airlines passengers.

I think this thread is about that ship turning around, gnomsayin?
SA68AG
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AG
Went to Las Vegas this March with friends for the first weekend of March Madness.

The last time I'd been was pre-covid.

All of us were stunned at how much more expensive everything was - $15 for a cinnamon roll, $8 for a cup of coffee, $28 for a hamburger. $250 for a show ticket. It was ridiculous.
swampstander
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AG

swampstander

BMX Bandit
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Quote:

All of us were stunned at how much more expensive everything was - $15 for a cinnamon roll, $8 for a cup of coffee, $28 for a hamburger. $250 for a show ticket. It was ridiculous.

you and your friends do Vegas much much differently than me and my friends.
 
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