Las Vegas Real Estate April Visitor Numbers Up Again
Once again the latest numbers from the Las Vegas Convention and Visitors’ Authority paint a happy picture of the tourist economy. Las Vegas counted 3.3 million visitors in April, a 0.3 percent jump from April, 2005.
The Las Vegas hotel room inventory fell slightly between this year and last but room rates averaged $123.48 a night, a hefty 15.1 percent increase from the previous year.
Las Vegas convention attendance was the main boost for April with nearly 30,000 additional visitors making their way to Las Vegas despite a slight fall in the number of conventions that were held in the city.
The most impressive number is the 9.1 percent jump in economic impact. Las Vegas visitors created an additional $60 million in economic activity over April 2005. The year to date figure for economic impact is $3.6 billion, a healthy 7.9 percent jump from this time last year.
Occupancy rates and total room nights also rose. Just over 93 percent of rooms were occupied during the month and, in all, visitors accounted for 3, 717, 795 room nights, a rise of 1.1 percent over the previous April.
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Las Vegas real estate April visitor numbers up again.