Las Vegas has been hit hard during the economic downturn. Working in the industry (currently @ the Las Vegas Hilton), I’ve noticed a dramatic change in customer behavior. People are still visiting Las Vegas, but they are spending less while they are here.
Before the recession hit, the restaurants and lounges were bursting at the seams during the weekend. You had to wait in lines to get in to restaurants, lounges, and night clubs. Now, you can easily get in to any of these places…..of course, except the night clubs, where you have to always wait in line. The tables and slot machines were packed with customers and table minimums were higher. I understand that people’s disposable income has been hit hard by the economy, so they are not spending as much as they did in the past. However, the odd thing is that I see a lot of people here in the city during the weekend. That means their spending money to fly/drive here, rent a room, and play for a few days. Weekend occupancy levels are too bad in town.
If they aren’t eating, drinking, or gambling…..what are they doing? Staying in their room, watching TV? I doubt it.
So, I would love to hear from you, the Las Vegas visitor……why do you come to Las Vegas? Have you been here in the past 12 months? If so, what did you do? How did you spend your money? Business or Pleasure? Do you plan to return soon? What can we (Las Vegas) do better as a vacation destination?
Please join the conversation, I’d love to hear your thoughts.