Las Vegas Visitor Authority: No Convention Attendance, Visitor Traffic Down 54% YoY in February

From the Las Vegas Visitor Authority: February 2021 Las Vegas Visitor Statistics

Although less than half of prior year levels, February’s visitor tally of approx. 1.54M visitors reflected a welcome MoM increase of 18.9% over Jan 2021 as the vaccine rollout & continued protocols helped control the COVID spikes that emerged in Dec and Jan.

Total occupancy for Feb improved to 42.0%, 10.4 percentage points over Jan 2021, but was down from 86.8% in Feb 2020. Weekend occupancy (62.8%) and Midweek occupancy (32.1%) saw MoM gains over Jan of 14.5 pts and 9.6 pts, respectively.

Average daily rates reached $98 (up 8.1% MoM, down -25.8% YoY) while RevPAR came in at approx. $41.17, down -64.1% vs. Feb 2020.

Las Vegas Visitor Traffic Click on graph for larger image.

The first graph shows visitor traffic for 2019 (blue), 2020 (orange) and 2021 (red).

Visitor traffic was down 53.8% year-over-year.

Convention traffic was non-existent again in February, and was down 100% compared to February 2020.

There has been no convention traffic since March 2020.  
I’ll add a graph of convention traffic once conventions start to reopen.

Note: A convention is scheduled for early June (HT MS): “Informa Markets, organizers of the World of Concrete, has received approval from the Nevada Department of Business and Industry to move forward with its 2021 in-person edition. The event is scheduled to be held June 8-10, 2021 at the Las Vegas Convention Center.”