by Calculated Risk on 6/30/2022 03:52:00 PM
Note: I like using Las Vegas as a measure of recovery for both leisure (visitors) and business (conventions).
From the Las Vegas Visitor Authority: May 2022 Las Vegas Visitor Statistics
of May 2019.
Overall hotel occupancy reached 82.6%, 11.7 pts ahead of last May and down 8.2 pts vs.
May 2019. Weekend occupancy again was in the 90’s (91.9%, up 4.1 pts YoY and down 4.5
pts vs. May 2019) while Midweek occupancy exceeded 78% (up 16.0 pts YoY and down 9.3
pts vs. May 2019).
Following last month’s record-breaking ADR, May saw another month with ADR reaching
nearly $176, 38.7% ahead of last May and over 25% above May 2019 while RevPAR
exceeded $145 for the month, significantly ahead of May 2021 (+61.6%) and 13.8% over
Click on graph for larger image.
The first graph shows visitor traffic for 2019 (dark blue), 2020 (light blue), 2021 (yellow) and 2022 (red)
Visitor traffic was down 6.6% compared to the same month in 2019.
Convention traffic was down 24.9% compared to May 2019.
Note: There was almost no convention traffic from April 2020 through May 2021.