Nearly 41 Million Folks Visited Las Vegas in 2023

Gaming Industry Drives $329B in Economic Output

Nearly 41 Million Folks Visited Las Vegas in 2023

Greater than 40 million individuals visited Sin Metropolis in 2023. The 2023 visitation quantity represents a 5.2% 12 months over 12 months enhance and the town’s greatest mark since pre pandemic 2019. That 12 months the town drew 42.5 million guests. Conference attendance grew 20% to about six million guests. The all time excessive for annual guests got here in 2016 when 42.9 million individuals visited Las Vegas. The return of main conventions together with the inaugural System One Las Vegas Gran Prix helped the numbers in 2023.

The uptick in attendance will assist Las Vegas set one other annual gaming income report. The Nevada Gaming Management Board is ready to disclose the numbers this week. These embody the December and full 12 months 2023 numbers. By way of 11 months, statewide gross gaming income was greater than $14 billion. That’s simply shy of the $14.84 billion state casinos received in 2022. Clark County, residence to Las Vegas and the strip, received about $12.8 billion in 2022.

Resort room charges elevated in 2023 as nicely, setting a brand new report. The town’s 154,662 visitor rooms went for a median nightly price of $191.29. That represents almost a 12% enhance from 2022 and set a brand new report. Strip rooms averaged greater than $204 an evening setting a brand new report as nicely. Income per out there room, a measure of room profitability, jumped nearly 19% on the strip to $176. Metropolis broad income per out there room climbed 18% to $160.

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Author: Samuel Lewis