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| LAS VEGAS, April 9, 1999 - Continuing a strong upward
trend that began last fall, visitor volume to Las Vegas in February 1999
increased 7.7 percent over the same period a year ago, according to the
Las Vegas Convention and Visitors Authority (LVCVA). By comparison, January's
visitor volume was up 7.4 percent, marking the largest monthly increase
since December 1995.
Citywide hotel and motel occupancy was 89.6 percent in February 1999, up 3.9 points. Taken separately, hotel occupancy was 93.7 percent, up 3.5 points. Total Clark County gaming revenue was up 12.6 percent in February 1999, totaling $540 million, according to the Gaming Control Board. Gaming revenue for Las Vegas Strip resorts alone was up by 20.1 percent, totaling $332 million. The number of passengers traveling through McCarran International Airport in Las Vegas was up 7.4 percent, and automobile traffic from Southern California to Las Vegas increased by 14.3 percent in February. Supported by widely publicized resort openings, Las Vegas posted strong visitor volume increases throughout the fall and winter months: 2.8 percent in September, 4.9 percent in October, 1.7 percent in November, 6.7 percent in December, 7.4 percent in January and 7.7 percent in February. Four major resorts are opening in Las Vegas this year. Mandalay Bay and the Four Seasons opened their joint Strip property on March 2. The Venetian Resort is scheduled to open in May, and The Resort at Summerlin in June. Hilton's Paris resort debuts in September 1999. Together, these properties add more than 10,000 rooms to the Las Vegas market. For more information about the programs and services of the Las Vegas Convention and Visitors Authority, visit www.lasvegas24hours.com. |
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