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Current economic condition slows Las Vegas visitors through McCarran International Airport.  September 2008 registered 3.37 million passengers, a 13.2 percent decline for an 11th consecutive month.

The airline industry has been hit hard from the recession and travel to Las Vegas, Nevada has its biggest year over year drop since 2001. Continue reading Current Economic Condition Slows Las Vegas Visitors Through Airport

Passenger traffic at Las Vegas airport dips near 10 percent from 2007 levels.  McCarran International Airport has seen a decline in passengers due to airline flight cuts and the economic downturn and high fuel prices.

The decline last month in passenger traffic followed an 8.6 percent decline in July.  This is the biggest decrease at the airport since February 2002.

Continue reading Passenger Traffic At Las Vegas Airport Dips Near 10 Percent From 2007

McCarran Airport Las Vegas halts or deletes $360 million in projects from their five year capital improvement plan.  The huge $3.7 billion in improvements to McCarran Airport is shedding some projects due to the current credit market and downturn in the airline industry.

Continue reading McCarran Airport Las Vegas Halts Or Deletes $360 Million In Projects

McCarran Airport Las Vegas, Nevada passenger traffic 7 percent decline in June, 2008.  The nation’s current weakened economy puts a damper on the leisure travel industry to Las Vegas residential real estate.

The amount of departures and arrivals at McCarran International were approximately 3.9 million.  Year to date totals for passenger traffic through June, 2008 was 22.9 million.

Continue reading McCarran Airport Las Vegas Passenger Traffic 7 Percent Fall In June

MagLev train received funding to travel from Disneyland to Las Vegas.  The magnetic levitating train will travel in speeds from 180 mph average to 310 mph.  The news that President Bush signed a transportation bill worth $45 million to continue America’s fastest train initiative happened earlier this month.  This will help shuttle more visitors to Las Vegas and help the Nevada economy.

Continue reading MagLev Train Received Funding To Travel From Disneyland To Las Vegas

Las Vegas visitor totals show declines for occupancy, rates and traffic for March. Results released last week show the total amount of visitors to Las Vegas was 3.4 million, or a decline of one percent. With everything in Las Vegas, Nevada rising, including the once 99 cents shrimp cocktail, Las Vegas hotel owner’s lowered their nightly rates.

Hotel rooms in Las Vegas occupancy fell to 92 percent, a two percent decline. This brought the average hotel room rate to $135 per night. One influencer to the occupancy rate is the addition of 4,000 hotel rooms including Palms Place, Signature MGM Grand and Trump Tower Las Vegas NV hotel.
Continue reading Las Vegas Visitor Totals Show Declines For Occupancy, Rates & Traffic