Las Vegas convention season is good: Hotel room rates and occupancy up in April
The famous neon sign welcomes millions of visitors to Las Vegas each year. LVCVA / LVCVA
A boost to business travel increased rates by 7 percent in April, but casino revenues remained low providing further proof that meetings and conventions are largely driving the city’s and country’s travel rebound.
Tourism officials say they counted 3.34 million visitors to Las Vegas in April, up a slight 0.5 percent from the same month in 2012.
A Las Vegas Convention and Visitors Authority report released Monday showed that that hotel room rates increased almost 7 percent — from a little more than $108 in April 2012 to just under $116 this year.
Room occupancy was also up slightly, from 86.5 percent to 87 percent.
Tourism officials say 15 percent more conventions in Las Vegas in April drew 15 percent more convention-goers during the month.
But the CVA says that because April 2012 was a strong month for casinos, gambling revenues were down by comparison in April — by 1 percent in Clark County and 2.3 percent on the Las Vegas Strip.
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