Why Las Vegas?

The Las Vegas Valley is comprised of Clark County and unincorporated Clark County and includes the Las Vegas, North Las Vegas, and Henderson. The population exceeds 2.15 Million and hosted over 42 Million visitors last year. Most recent figures show more than 5 Million visitors were in the valley for more than 21,000 conventions. Unincorporated Clark County has a current population of about 954,000 residents. The city of Las Vegas was founded in 1905 with a current population of approximately 629,000 and has over 150,000 hotel rooms. Annually there is over $511 Million in gaming revenue. The city has a diverse offering for entertainment. The city of North Las Vegas was founded in 1919 with a current population of approximately 238,000 and is the fourth largest city in Nevada. Ware house and distribution companies have dominated the local market with more custom manufacturing moving into the market place. The city of Henderson was founded in 1941 with a current population of approximately 291,000 and is second largest city in Nevada. There is a diverse market place including gaming, medical and manufacturing companies in the area.

Five Reasons Las Vegas Appeals to Executives (vegasmeansbusiness.com)

ECONOMIC EXPECTATIONS (per UNLV | Lee Business School | Center for Business and Economic Research)

o Southern Nevada business leaders forecasted that the U.S. and Nevada economic conditions will remain largely unchanged in the second quarter of 2022 compared to last quarter. Expectations remain that the Nevada economy exhibits much more strength than the national economy.

o Clark County’s economy will continue to improve in the second quarter based on local business leaders’ expectations, while increased challenges of finding qualified workers could lower economic growth.

Projects (lasvegasnevada.gov) Check out the projects going on around the Las Vegas Valley.

2021 Vegas Frequently Asked Questions

How many visitors come to Las Vegas? 32,230,600

How many convention delegates visit? 2,206,400

What is Clark County's gaming revenue? $11.5 Billion

What is Las Vegas Strip's gaming revenue? $7.1 Billion

What is Downtown's gaming revenue? $843 Million

What is Boulder Strip's gaming revenue? $967 Million

What is the average visitor's gambling budget per trip? $718

What is Las Vegas' total occupancy? 66.8%

What is Las Vegas' weekend occupancy? 81.3%

What is Las Vegas' midweek occupancy? 60.5%

What is Las Vegas' Strip occupancy? 68.0%

What is Las Vegas' Downtown occupancy? 56.8%

What is the U.S. national average hotel occupancy? 56.4%

What is the total number of enplaned/deplaned airline passengers? 39,710,493

What is the average daily auto traffic: all major highways? 128,938e

What is the average daily auto traffic: I-15 at NV/CA Border? 48,047e

What is the average nightly room rate? $137

How many hotel rooms are in Las Vegas? 150,487

How long is the average visitor's trip (in nights)? 3.6

What % of visitors travel with someone under 21? 21%

What % of visitors are millennials? 44%

What is the average age of a visitor? 43.2

What % are first time visitors? 20%

What % of visitors are from Southern California? 26%

What % of visitors are International? 3%

-per Las Vegas Convention and Visitors Authority