The 2013 year-end statistics, released today by the Las Vegas Convention and Visitors Authority (LVCVA), point to continued recovery and steady growth for the industry. Las Vegas tourism generates $45 billion in economic impact for the local economy and supports more than 380,000 local jobs.
Despite one fewer day last year due to 2012 being a leap year and less room inventory for the majority of the year, visitor volume was just 58,802 visitors shy of setting a record in 2013. Las Vegas hosted 39.67 million annual visitors last year, the second highest visitation total ever.
“We are encouraged to see positive signs of continued growth for Nevada’s leading economic engine, particularly in the meetings and convention industry,” said Rossi Ralenkotter, president/CEO of the LVCVA. “We will continue building on our momentum in the coming year, and we expect to welcome more visitors to Las Vegas than ever before when several much anticipated resorts and attractions debut in 2014.”
Las Vegas is well positioned for continued growth with scheduled openings of The LINQ and High Roller, SLS Las Vegas, Delano Las Vegas, Caesars Entertainment’s new resort - The Cromwell, on the corner of Las Vegas Boulevard and Flamingo Road, and the downtown zipline SlotZilla among other new attractions and entertainment options expected to be unveiled in 2014. More than $9 billion of worth of projects have been announced or are currently under construction in Las Vegas.
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