CHART DU JOUR: IS THE VEGAS RECOVERY OVER?

Takeaway: The all important slot volume metric has been consistently negative. RevPAR and visitation are now sloping lower as well.

  • 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%

 

CHART DU JOUR: IS THE VEGAS RECOVERY OVER? - FF


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