Las Vegas: What the Data Really Says About Tourism Declines & STR Performance

Summary

This RevLabs episode by PriceLabs analyzes the short-term rental market performance in Las Vegas, focusing on declining tourism trends, sub-market variations like Downtown Vegas, and occupancy projections for operators facing demand shifts. It also highlights the importance of market research, adjusting day-of-week pricing, offering longer-term discounts, and carefully considering cancellation policies to optimize performance.