TOURISM 2015 Volume: Thirty Five

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TOURISM 2015 Volume: Thirty Five 100 120 80 las vegas perspective 60 TOURISM 2015 volume: thirty five 0 40 REACHING 20 NEW HEIGHTS TOURISM 2015 las vegas perspective tourism overview 164 Las Vegas Visitor Volume & Conventions Held .....................................................164 Clark County Gross Gaming Revenue .................................................................164 Number of Hotel/Motel Rooms ...........................................................................164 Hotel/Motel Occupancy Levels ...........................................................................164 15 Largest U.S. Hotels ......................................................................................164 Las Vegas Convention and Visitors Authority (LVCVA) ...........................................165 A Las Vegas Convention and Visitors Authority Perspective ..................................166 visitors 167 Visitor Demographics ........................................................................................167 Visitor Profile ....................................................................................................167 airport activity 168 McCarran International Airport Passenger Statistics ............................................168 Top 10 U.S. Airports Scheduled Enplanements on U.S. Airlines and Foreign Airlines ..........................................................................................168 facilities 169 Las Vegas Hotel/Motel Facilities .........................................................................169 Southern Nevada Hotel Facilities Outside the Las Vegas Valley .............................170 Laughlin ...........................................................................................................170 Mesquite ..........................................................................................................170 Primm/Jean .....................................................................................................170 conventions 171 Major Conventions 2015 ...................................................................................171 Major Conventions 2016 ...................................................................................172 Major Conventions 2017 ...................................................................................172 Major Conventions 2018 ...................................................................................172 construction recap 173 2014 Resorts & Attractions Construction Recap ..................................................173 Hotel/Motel Resorts ..........................................................................................173 Other Destination Amenities ..............................................................................173 initiated and proposed projects 174 2015 ...............................................................................................................174 2016 ...............................................................................................................175 2017/2018 ......................................................................................................175 Las Vegas Perspective 2015 TOURISM snametourism overview Las Vegas Visitor Volume & Conventions Held YEAR NO. OF VISITORS (000) % CHANGE NO. OF DELEGATES (000) % CHANGE NO. OF CONVENTIONS HELD % CHANGE 2005 38,567 3.2% 6,166 7.7% 22,154 -0.6% 2006 38,915 0.9% 6,308 2.3% 23,825 7.5% 2007 39,197 0.7% 6,209 -1.6% 23,847 0.1% 2008 37,482 -4.4% 5,900 -5.0% 22,454 -5.8% 2009 36,351 -3.0% 4,492 -23.9% 19,394 -13.6% 2010 37,335 2.7% 4,473 -0.4% 18,004 -7.2% 2011 38,929 4.3% 4,865 8.8% 19,029 5.7% 2012 39,727 2.1% 4,944 1.6% 21,615 13.6% 2013 39,668 -0.1% 5,107 3.3% 22,027 1.9% 2014 41,127 3.7% 5,169 1.2% 22,103 0.3% Source: Las Vegas Convention and Visitors Authority. Clark County Gross Gaming Revenue YEAR REVENUE (IN MILLIONS) % CHANGE 2005 $9,717 11.5% 2006 $10,644 9.5% $10,868 2007 $10,868 2.1% $10,644 2008 $9,797 -9.9% 2009 $8,838 -9.8% $9,717 $9,797 $9,673 $9,554 2010 $8,909 0.8% $9,400 2011 $9,223 3.5% $9,223 2012 $9,400 1.9% $8,838 $8,909 2013 $9,673 2.9% '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 2014 $9,554 -1.2% Source: Nevada Gaming Control Board. Number of Hotel/Motel Rooms 15 Largest U.S. Hotels YEAR ROOMS GROWTH RANK/HOTEL ROOMS 2010 148,935 0.0% 1 MGM Grand 5,044 2011 150,161 0.8% 2 Luxor 4,400 2012 150,481 0.2% 3 Venetian Resort 4,027 2013 150,593 0.1% 4 ARIA Resort 4,004 2014 150,544 0.0% 5 Excalibur 3,991 6 Bellagio 3,933 Source: Las Vegas Convention and Visitors Authority. 7 Caesars Palace 3,776 8 Circus Circus 3,767 Hotel/Motel Occupancy Levels 9 Flamingo 3,460 2013 2014 CHANGE 10 Mandalay Bay 3,211 Hotel 87.1% 89.1% 2.1 11 The Palazzo 3,066 tourism overview tourism Motel 59.8% 65.0% 5.3 12 Mirage 3,044 Weekend 91.1% 93.3% 2.1 13 The Cosmopolitan 2,995 Midweek 81.4% 83.9% 2.6 14 Monte Carlo 2,992 TOTAL 84.3% 86.8% 2.4 15 Westgate 2,950 Source: Las Vegas Convention and Visitors Authority. Source: Las Vegas Convention and Visitors Authority. Note: Figures include only hotel rooms (no timeshares are included). 164 tourism » tourism overview Las Vegas Perspective TOURISM 2015 Las Vegas Convention and Visitors Authority (LVCVA) The Las Vegas Convention Center (LVCC), located one block east of the Las Vegas Strip, encompasses approximately 3.2 million square feet with approximately 2 million square feet of exhibit space and 250,000 square feet of meeting space. The facility, one of the most modern and functional centers in the world, is centrally located a short distance from 100,000 guest rooms. Operated by the Las Vegas Convention and Visitors Authority (LVCVA), the center is well Established: 1959 known for its versatility, size, and amenities. In addition to exhibit and convention space, 144 meeting rooms handle seating capacities ranging from 20 to 2,500. A grand lobby and Size: 2.1million square feet convention space registration area (more than 225,000 square feet) efficiently link exhibit halls and meeting rooms, and allow for simultaneous setup, breakdown and exhibiting of multiple events. In Leadership: Lawrence Weekly, Chairman, LVCVA Board of 2012, the Las Vegas Convention Center received AIPC Gold Certification from the International Directors; Rossi Ralenkotter, President & CEO Association of Convention Centers, making it among the top convention centers in the world Annual Business Travelers to Las Vegas: 5.1 million for management practices, policies, procedures, and customer service. The center hosts (2014) some of the largest and most recognized conventions in the world. Biggest Tradeshows: International CES, Automotive The LVCVA recently announced a major economic development project, called the Las Aftermarket Industry Week, National Association of Vegas Global Business District (LVGBD). The LVGBD is a reimagination of the convention Broadcasters, MAGIC center and surrounding area: a 1.8 million-square-foot expansion with upgraded amenities and connectivity to the rest of the Strip corridor, development of the international business center, and coordination of a regional transportation plan. This expansion will help Las Vegas continue to be the No. 1 trade show and convention destination for years to come. To learn more about the LVCVA and the Global Business District, visit www.globalbusinessdistrict.com. tourism overview tourism PHOTOS – “Welcome to Fabulous Las Vegas, Nevada” on the front and “Drive Carefully” and “Come Back Soon” on the back, the fabulous welcome sign, designed by Betty Willis, was unveiled in 1959. It is located on the Las Vegas Strip just south of Russell Road and has easy access to a 12-car parking lot for pictures. tourism » tourism overview 165 Las Vegas Perspective 2015 TOURISM A Las Vegas Las Vegas Global Business District. The next transformation of Las Vegas. Convention and The Las Vegas success story is an extraordinary one. true center of innovation. And it will firmly secure Las Visitors Authority Throughout the city’s history, there have been seminal Vegas’ ranking as the No. 1 trade show destination PERSPECTIVE projects that have fundamentally altered the landscape in North America, and position us to achieve our of Southern Nevada. Time and again, these projects goal of increasing market share in the meetings and have succeeded in catapulting Las Vegas into its next convention business by attracting new trade shows and stage of dynamic growth as a global destination and growing existing ones. iconic brand. The Las Vegas Global Business District (LVGBD) is that kind of transformative project and will From the reinvention of the Las Vegas Convention once again redefine the destination and launch Las Center to an international facility for business and Vegas 25 years ahead of the competition. technology, to a thoroughly connected city, not just in upgraded Wi-Fi bandwidth, but in providing The Global Business District is a bold, imaginative transportation connectivity through a centralized hub, and groundbreaking step that will include world-class the next Las Vegas will be a living, breathing center for amenities and facilities and will go beyond anything innovators and innovations. offered anywhere. It will establish Las Vegas as a The future of meetings and conventions – Vegas style. Developed by the Las Vegas Convention and Visitors from around the world. In creating a permanent Authority (LVCVA) and to be completed in phases, global marketplace, local companies and international the Las Vegas Global Business District creates
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