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Las Vegas hotel occupancy and tourism was at record levels during July 2007. Not even the extreme heat could stop the Las Vegas visitors.

A historically weaker month of the year for visitors, there was a slight surge from July 2006, with a reduction of 33 percent in conventions in Las Vegas, Nevada real estate.

The hotel occupancy rate in Las Vegas was a record setting 92 percent with 3.4 million in visitors.

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Dubai World and MGM Mirage in second joint venture for Las Vegas real estate.

Istithmar Hotels FZI, subsidiary of Dubai World, Kerzner International Holdings and MGM Mirage entered into a joint venture to 40 acres of land on Sahara Avenue and the corner of Las Vegas Strip.

The commercial real estate is yet to be named and the construction for this multibillion dollar resort is planned for construction in 2009 and completion in 2012.

Three months ago a partnership between Kerzner International Holdings and MGM Mirage for a equal partnership to develop the land was announced.

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Calendar of Conventions in Las Vegas Nevada Real Estate

Las Vegas Convention Schedule For Sept 18 - 24 2007

Las Vegas Convention, Location, Start Date, End Date, Attendees

• ACHIEVING QUALITY IMAGING
• EMBASSY SUITES AIRPORT 09/25/2007 09/28/2007 50
• ARAMARK MANAGEMENT SERVICES L.P.
• MONTE CARLO HOTEL & CASINO 09/25/2007 09/27/2007 25
• BANKERS LIFE & CASUALTY COMPANY
• EXCALIBUR HOTEL AND CASINO 09/25/2007 09/27/2007 35

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Las Vegas PGA Tour continues for another five years at TPC Summerlin and TPC at the Canyons Las Vegas golf course.

The Shriners Hospital for Children, sponsors the Frys.com Open, has donated an undisclosed amount of funds to continue the golf tour in Las Vegas, Nevada real estate. The Frys.com Open has been played in Vegas since 1983.

This year’s Las Vegas golf tournament will have a purse of $4 million and played at TPC at The Canyons and TPC Summerlin Las Vegas. The tournament will be held October 11 – 14, 2007. This is the last year for Fry’s Electronics’ sponsorship.

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