Insight
Las Vegas visitor arrivals dropped 7.5% in 2025, the sharpest decline outside a pandemic year since 1970.
Las Vegas Tourism Suffers Sharp Decline
Summary
Las Vegas tourism saw a sharp decline in 2025, experiencing its worst year since the pandemic with a 7.5% drop in visitor arrivals. Hotel occupancy decreased by 3.3 percentage points, and average daily rates fell by 5%. Learn how economic shifts can affect your STR business, and explore strategies to mitigate risk.
Key takeaway