Food and beverage was fourth (11.4 percent), and local transportation the fifth largest spending category at 10.7 percent. Hotel rooms and shopping were respectively second and third at 17.4 percent and 16.3 percent.
Gaming Remains Kingĭespite Las Vegas and Southern Nevada casinos continuing to look to diversify their resorts with non-gaming attractions, the gambling floors still generate the most revenue for the house.Īpplied Analysis says gaming accounts for the largest share of visitor spending at 22.6 percent. “Tourism means more to Southern Nevada than entertainment means to Los Angeles, than aerospace means to Seattle or auto manufacturing means to Detroit,” Applied Analysis Principal Jeremy Aguero told the Las Vegas Sun. Titled “The Economic Impact of Southern Nevada’s Tourism Industry and Convention Sector,” the report also revealed that a record 6.6 million convention and meeting attendees came to the region. In 2016, Applied Analysis said guests directly spent $35.5 billion, or about two percent more. The $34.8 billion in direct spending from tourists is also a year-over-year decline. The findings reveal that Southern Nevada welcomed 42.2 million visitors last year, and while that’s a slight decline from the record 42.9 million set in 2016, it’s still a more than 16 percent premium on the recession low bottomed in 2009.
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