- July was a little misleading because it contained 2 fewer weekend days so this chart examines RevPAR and visitation on a 3 month moving average basis
- RevPAR is trending dangerously low – probably needs to be at least +3% to offset inflation
- Given the composition – fewer slot players – visitation growth needs to be higher over the long-term than 1-2%
Takeaway: The all important slot volume metric has been consistently negative. RevPAR and visitation are now sloping lower as well.