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Economic crunch restricts visitor spending in Vegas

The Las Vegas Convention And Visitors Authority's latest visitor profile research has shown that the average gambler budgeted $481 per trip last year compared with $532 in 2008 and more than $555 in 2007. Average hotel spending per night was down 25% year-on-year to approximately $76, while the mean cost of a tour package in 2009 dropped 14% compared with 2008 to $640.

The latest study was carried out by GLS Research and was based on street interviews with a good sample of 3,600 visitors, 15% of whom were in Las Vegas to see friends or relatives - up from eleven percent in 2008. The report concluded that these visitors would typically spend less than those who were in town mainly to gamble or attend conventions and business meetings.

Big-spending conventioneers and business visitors accounted for only 9% of Vegas visitors in 2009 - down from 12% in 2008.

40% of respondents were in town for a vacation or pleasure, while 13% said they were there specifically to gamble.

83% of visitors gambled in one form or another whilst in Vegas in 2009 - a a five-year low and down from 85% in 2008.

Attendance at shows declined by 8% year-on-year to 64%.

Source: InfoPowa News

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