Mr. Pat Christenson's Presentation on Live Music

Total Page：16

File Type：pdf, Size：1020Kb

Mr. Pat Christenson's Presentation on Live Music

LIVE MUSIC REPORT SNSEC IMPACT OF LIVE MUSIC • 85% of attendees are from out-of-market vs. traditional market • LET of 9%; $7M gross for Rolling Stones • Hotel room tax; overall visitor spend • Branding - Las Vegas #1 live music destination in the world. “Yes, [we had] net reduction of 21 shows at the T-Mobile Arena, okay? And then in addition to that, we had the seven fewer, including the Mayweather-MacGregor ﬁght in August of 2017, which doesn't repeat itself.” Caesars CEO Mark Frissora Q2, Earnings Summary (7-19-18) - Call Transcript AVERAGE TOTAL SPEND PER VISITOR/PER TRIP NFR $2,630 PBR WORLD FINALS $2,080 NASCAR ROCK ’N ROLL WEEKEND MARATHON $1,860 $1,830 BASKETBALL TOURNAMENT SAW A SHOW- $1,620 CONCERT $1,530 AVG. SPEND PER VISITOR $1,320 Source: Las Vegas Convention & Visitors Authority Downtown Las Vegas Events Center Las Vegas Venues & Festival Grounds Opened: 2014 Capacity: 12,000 Las Vegas Motor Speedway Opened: 1998 Capacity: 135,000 Las Vegas Festival Grounds Las Vegas Motor SpeedwayOpened: - 13 miles 2015 Capacity: 80,000 33 acres Life is Beautiful Orleans Arena Started: 2013 Opened: 2003 Capacity: 50,000 Capacity: 9,000 T-Mobile Arena Las Vegas Convention Opened: 2016 Center Capacity: 20,000 Opened: 1959 MSG Sphere Square Footage: 2.2M Opening in: 2020 Las Vegas Stadium Capacity: 18,000 Opening: 2020 Mandalay Bay Events Capacity: 65,000 Center Sam Boyd Stadium- - 9 miles Opened: 1999 Capacity: 12,000 Sam Boyd Stadium MGM Grand Garden Opened: 1972 Arena Thomas & Mack Center Capacity: 34,680 Opened: 1993 Opened: 1983 Capacity: 17,000 Capacity: 17,222 South Point Arena and Equestrian Center Opened: 2006 Capacity: 4,600 South Point - 6.1 miles Tournament Bowling Plaza Opened: 2014 Lanes: 60 lanes Smith Center - 6 miles Smith Center Opened: 2002 Las Vegas Concert Venues Capacity: 2,050 Colosseum at Caesars Palace Opened: 2003 The Pearl at the Palms Capacity: 4,298 Opened: 2001 Capacity: 2,600 The Chelsea Opened: 2013 Capacity: 2,500 Brooklyn Bowl Park Theatre Opened: 2009 Opened: 2016 Capacity: 2,400 Capacity: 5,300 Zappos Theater at Planet Hollywood Opened: 1976 Capacity: 7,000 The Joint at Hard Rock Opened: 1995 Capacity: 4,200 House of Blues at Mandalay Bay Opened: 1999 Capacity: 2,500 South Point - 6.1 miles NEW VENUES • 360 feet tall by 500 feet • 360 degree 170,000 SF exterior in HD • 18,000 seats, with suites and luxury amenities • Sound beams sent directly to each seat • Vibrations (bass) built into ﬂoor • Use venues video and acoustics to create custom v. touring shows WHAT HAS IT COST THE DESTINATION? HOW DO WE MAXIMIZE GROWTH? .

Copy Link

Recommended publications

RTC Opens Community Comment Period for Feedback on Upcoming Transit Service Changes
FOR IMMEDIATE RELEASE: June 29, 2020 MEDIA CONTACTS: Sue Christiansen, RTC, (702) 676-1891 office, [email protected] Catherine Lu, RTC, (702) 676-1788 office, [email protected] RTC opens community comment period for feedback on upcoming transit service changes Click to Tweet: .@RTCSNV opens 60-day comment period to gather community input on system-wide transit service changes. Find all details at https://www.rtcsnv.com/ways-to-travel/schedules-maps/2020-transit-service- change/ LAS VEGAS – The Regional Transportation Commission of Southern Nevada (RTC) is experiencing a severe drop in transit funding as a result of the COVID-19 pandemic. To adjust for this loss in revenue, while continuing to provide critically needed transportation, the RTC is considering making system-wide service changes that would go into effect in fall 2020. The community is encouraged to provide input on proposed changes including route eliminations, routing adjustments and schedule changes during a 60-day comment period. “Our public transportation system is facing the same financial uncertainty that businesses and communities across the country are experiencing when it comes to providing essential services with reduced budgets,” said Francis Julien, RTC deputy CEO. “We know this is a very difficult time for our community as we continue to grapple with so many unknowns, especially as it relates to providing public transportation to our community. So before we make any transit service changes, we need to hear from you. We are making efforts to reach out and provide information in many different ways, and we hope we will get valuable feedback from riders and non-riders alike.” The public comment period will remain open through Friday, August 28.
[Show full text]
CLARK COUNTY PUBLIC BUILDINGS ELEMENT of the Clark County Comprehensive Plan
CLARK COUNTY PUBLIC BUILDINGS ELEMENT of the Clark County Comprehensive Plan Prepared by the Department of Comprehensive Planning Adopted June 5, 2001 500 South Grand Central Parkway, Suite 3012 PO Box 551741 Las Vegas, NV 89155-1741 (702) 455-4181 Fax. (702) 385-8940 http://www.co.clark.nv.us ACKNOWLEDGEMENTS Board of County Commissioners: Office Of The County Manager: Dario Herrera, Chairman Dale W. Askew, County Manager Myrna Williams, Vice-Chair Michael R. Alastuey, Assistant County Manager Yvonne Atkinson Gates Richard B. Holmes, AICP, Assistant County Erin Kenny Manager Mary Kincaid Chip Maxfield D e partment of Comprehensive Planning: Bruce Woodbury John Schlegel, AICP, Director Phil Rosenquist, AICP, Assistant Director Planning Commission: Barbara Ginoulias, Assistant Director Will Watson, Chairman Jory Stewart, AICP, Advanced Planning Manager Richard Bonar, Vice-Chair Charley Johnson D e partment of Real Property Management: Bernard Malamud Sandy Norskog, Director Pam Mortensen Doug Malan Finance Department: Kirby Trumbo George W. Stevens, Director Susan Laveway, Assistant Director Comprehensive Plan Steering Committee: Michael Dias, Chair Public Building Advisory Team: Ron Newell, Vice-Chair Clark County Long Range Planning Committee Curtis Alexander Clark County Space Committee Don Dickson Leo Dupre Public Buildings Work Team: Robert Eliason Gene Paul Pasinski, AICP, Project Lead Ralph Hamilton Department of Comprehensive Planning Dan Holt Alberta Guinther Fred Hutt Daniel Kezar Jennifer Lewis Chris LaMay Thomas Lisiewski
[Show full text]
World War II Era Residential Housing in Las Vegas, Clark County, Nevada (1940–1945)
World War II Era Residential Housing in Las Vegas, Clark County, Nevada (1940–1945) HPF Tracking No.: P14AS00012(3) Prepared for: The city of Las Vegas Development Services Center and Historic Preservation Commission Prepared by: Greta J. Rayle, M.A., RPA and Helana Ruter, M.A. Logan Simpson 3753 Howard Hughes Parkway, Suite 235 Las Vegas, NV 89169 June 2015 LSD Technical Report No. 145648 The archival research and windshield survey of historic properties that is the subject of this historic context on World War II era residential housing in the city of Las Vegas, Clark County, Nevada has been financed in whole or part with federal funds from the National Park Service, U.S. Department of the Interior, and administered by the State Historic Preservation Office. The contents and opinions, however, do not necessarily reflect the views or policies of the U.S. Department of the Interior or the State Historic Preservation Office. This program receives federal financial assistance for identification and protection of historic properties. Under Title VI of the Civil Rights Act of 1964, Section 504 of Rehabilitation Act of 1973, and Age Discrimination Act of 1975, as amended, the U.S. Department of the Interior prohibits discrimination on the basis of race, color, national origin, disability or age in its federally assisted programs. If you believe you have been discriminated against in any program, activity, or facility as described above, or if you desire further information, please write to: Chief, Office of Equal Opportunity Programs, U.S. Department of the Interior, National Park Service, 1201 Eye Street, NW (2740), Washington, D.C.
[Show full text]
City of Las Vegas Economic and Urban Development Department & Redevelopment Agency
012014 City of Las Vegas Economic and Urban Development Department & Redevelopment Agency Economic and Urban Development Department The Economic and Urban Development Department creates, coordinates and encourages new development and redevelopment throughout the city of Las Vegas. It increases and diversifies the city’s economy and creates jobs through business attraction, retention and expansion programs. This expanded department now includes the Parking Division. The newly reorganized and consolidated Parking Division has begun work on modernizing parking meters, online customer service, downtown parking locator assistance and aiding developers with their parking-related plans. The EUD coordinates with the Las Vegas Redevelopment Agency (RDA) on day-to-day operations, economic development, job creation and long-term strategic goals. Las Vegas Redevelopment Agency The Las Vegas Redevelopment Agency (RDA) promotes the redevelopment of downtown Las Vegas and surrounding older commercial districts by working with developers, property owners and the community to accomplish beneficial revitalization efforts, create jobs and eliminate urban decay. The city of Las Vegas currently has two designated redevelopment areas. Redevelopment Area 1 encompasses 3,948 acres. The area roughly includes the greater downtown Las Vegas area east of I-15, south of Washington Avenue, north of Sahara Avenue and west of Maryland Parkway. It also includes the Charleston Boulevard, Martin L. King Boulevard and Eastern Avenue corridors. A new Redevelopment Area 2 (RDA 2) was officially adopted during the Aug. 15, 2012 meeting of the Las Vegas City Council. The RDA 2 designation gives the Las Vegas Redevelopment Agency the powers to redevelop, rehabilitate and revitalize this area. This new RDA 2 designation also allows the Redevelopment Agency to provide qualified owners/operators with certain business incentives.
[Show full text]
Las Vegas Valley
# CC Shooting (! Stratosphere Complex te i d u R q s l ia e Las Vegas Strip Area r t s M u o d n T I Allure W Sahara Ave Artisan (! Sahara (! (! E Sahara Ave ! Palace ( Station Turnberry Towers d y (! a Hilton Grand R Hilton W e LV Strip g n Grand LVCC (! a (! l a r l t i i D Sky V p Horse Dr r a J e r (! Turnberry C y n s i r L D The Drew l k v Place D e o E S a Race l St h (! e n c D (! N P Circus Circus o n a y y O e m (! n s R e o m Westgate a r T D d Teton S a B Gran r C (! City of North S N la Dr D d n ing Springhill Westgate n c w g a d a d d Meeting n by Marriott R r a (! R i o d R d v n r Facilities G l (! w o r y B B e e n N s a b C Farm Rd d Las Vegas a A i g le m l W e Marriott y u r s Ln ia V K a ng s D y Spri n a Convention Las Vegas h nn te L o u S S 215 Royal Resort Center Convention P g k N y )" n N w (! (! Center a a rn Rd y ast Rd r Elkho DI E Wilbur Clark DI Wes W rk t R Marriott Residence (! u a l d y C i ur (! D a W Dorrell Ln a ilb Conv Center p orrell Ln W W N D a Metropolis (! l A (! a E a v W Desert d Trump Tower Encore y ia Inn R ert Inn Rd Marriott u E Des W Deer Springs Way a ry E Deer Springs Way (! (! H Courtyard n W e a N Conv Center T y d N # v d To Mt.
[Show full text]
Real Estate Deck 2017
ABOUTWE ASPIRE TO BEUS FIRST, UNIQUE, OR BEST IN EVERYTHING WE DO. Downtown Project was founded in January 2012 with the idea that if you accelerate co-learning, collisions, and connectedness in the city’s urban core, productivity, innovation, growth, and happiness will fall into place. Zappos.com CEO Tony Hsieh made a personal investment of $350 million toward helping with the revitalization of part of downtown Las Vegas. His investment became Downtown Project, which has allocated roughly $200 million in real estate and development, $50 million in small businesses, $50 million in technology and startups through VTF Capital, and $50 million in arts and culture, education, and healthcare. A large portion of our investment was allocated toward real estate and development in the Fremont East/East Village districts of downtown Las Vegas. We own approximately 45 acres, and we’re activating our holdings in an organic way, rather than through a top-down master plan. We’ve purposely activated buildings that are not directly next to one another in order to encourage people to walk a little farther into the neighborhood, which increases opportunities for collisions. The roughly $200 million to real estate and development includes approximately 45 acres of land in and around the Fremont East and East Village districts, and approximately 11 businesses that we wholly own and operate. So far we’ve invested in approximately 50 small businesses ranging from restaurants, bars, and a microbrewery to retail, including a bookstore, a record store/recording studio, and a toy store. Downtown Project has also invested in services, from a membership-based dog park and doggie day care to an app-based laundry and dry cleaning business.
[Show full text]
Visitors Downtown.Docx
Welcome to our Visitors’ Guide to Las Vegas, created just for DLFers by the locals! If you’re willing to travel to Downtown Las Vegas (listed locations roughly 18-20 miles away or a 30-40 minute drive)… Transportation: ● Fremont Street area is walkable between Fremont Street Experience, Mob Museum, Fremont East, Container Park, PublicUs. ● Arts district is a 5-minute drive from Fremont Street area (walking not recommended) but there is also a Free Downtown Loop shuttle that runs continuously during operating hours and arrives at each stop every 20 minutes: Monday through Thursday: 11:30 am to 8:30 pm / Friday through Saturday: 3 pm to 12 am / Sunday: 10 am to 7 pm ● Parking in lots has hourly & maximum charge; parking on streets has hourly charge -- check the meter, some street locations have free parking after 10 pm!) Activities & Entertainment / Food, Coffee Shops, & Breweries Note: Most bars will have a cover charge of $5-$10 for men (and sometimes women), especially after 10 pm ● Gold Spike - Downtown bar with board games indoors and oversized games outside on the lawn/patio, including Giant Jenga, Giant Beer Pong, Giant Chess, Twister, Cornhole, Shuffleboard, Four Square, and roller skating! Open daily 24/7 ○ 217 Las Vegas Blvd, Las Vegas NV ○ For more information, call: 702.476.1082 ● LV Natural History Museum - Historical museum for all ages with exhibits related to archaeology, prehistoric life, marine animals, various biomes, and geology. $12 admission. ○ Open daily from 9 am - 4 pm ○ 900 N Las Vegas Blvd, Las Vegas NV ○ For more information, call: 702.384.3466 ● Neon Museum - Museum with retired and restored neon signs (The “Neon Boneyard”) from around Las Vegas.
[Show full text]
AVAILABLE PROPERTIES Interactive LAS VEGAS • NEVADA July 2018
Capital Markets | Investment Properties Click-able Pictures AVAILABLE PROPERTIES Interactive LAS VEGAS • NEVADA July 2018 1 THE BOULEVARD 3450, 3542, 3600, 3634, 3700, 3768 & 3770 S. MARYLAND PARKWAY // LAS VEGAS, NV 89169 PRICE: BEST OFFER- CALL FOR GUIDANCE ICONIC MIXED-USE DEVELOPMENT OPPORTUNITY CBRE is pleased to present for acquisition The Boulevard, a 1.2 million square foot property situated on 75 acres in the heart of Las Vegas, Nevada. Many call it a mall. We call it one of the most interesting real estate opportunities in the city. Bordered by the expanding 762 bed Sunrise Hospital/Sunrise Children’s Hospital and Medical Office campus to the north, which is currently undergoing a $130Million renovation, and within walking distance from the University of Nevada Las Vegas campus to the south, The Boulevard is an enclosed regional center with an extremely bright future. Built in 1968 and now five decades young, history will show this property pivoting and reinventing itself as an important hub of urban commerce. Retail is evolutionary, and The Boulevard is quickly becoming a case study in the urbanization of a suburban mall. RENTABLE: ±1,181,876 SF SITE AREA: ±75.3 ACRES 2 REGAL PLAZA + IN ESCROW NEC OF E. PEBBLE ROAD & EASTERN AVENUE // LAS VEGAS, NV 89123 REGAL COLONNADE STADIUM 14 CINEMAS ANCHORED SHOPPING CENTER CBRE is pleased to present for acquisition the Regal Plaza, a ±141,482 sf retail shopping plaza anchored by Regal Colonnade Stadium 14 Cinemas along with complementary shops, restaurants and services. The property is 98% leased to a variety of occupiers servicing the local community including La Tapatia Mexican market, Ali Baba Lebanese restaurant, the Havana Grill and The Thoughtful Baking Company (for the local Vegan populous).
[Show full text]
Journey the Las Vegas Residency Coming to the Colosseum at Caesars Palace October 9 - 26, 2019
April 15, 2019 Journey The Las Vegas Residency Coming To The Colosseum At Caesars Palace October 9 - 26, 2019 TICKETS ON SALE FRIDAY, APRIL 19 AT 10 A.M. PT LAS VEGAS, April 15, 2019 /PRNewswire/ -- One of the world's greatest rock bands, Journey, is taking over the Las Vegas Strip this fall with a limited engagement insideT he Colosseum at Caesars Palace October 9 – 26, 2019. Tickets will go on sale to the public Friday, April 19 at 10 a.m. PT. American Express® Card Members can purchase tickets before the general public beginning Tuesday, April 16 at 10 a.m. PT through Thursday, April 18 at 10 p.m. PT.A JourneyMusic.com fan presale will be available starting Wednesday, April 17 at 10 a.m. PT through Thursday, April 18 at 10 p.m. PT. In addition, Caesars Rewards members, Caesars Entertainment's loyalty program, as well as Live Nation, Ticketmaster and SiriusXM customers will have access to a presale running Thursday, April 18 from 10 a.m. PT to 10 p.m. PT. The nine performances going on sale are: October 2019: 9, 11, 12, 16, 18, 19, 23, 25 and 26 General ticket prices begin at $69, plus applicable tax and fees, and may be purchased online at www.ticketmaster.com/journey or in-person at The Colosseum at Caesars Palace box office. All shows begin at 8 p.m. A limited number of LaneOne Premium Packages will also be available, including amazing seats, transportation, preferred entrance and more. Check LaneOne for details. JOURNEY – Neal Schon (founding member and lead guitarist), Ross Valory (co-founding member and bassist), and longtime members Jonathan Cain (keyboardist), Steve Smith (drummer) and Arnel Pineda (lead singer) - is one of the most popular American rock bands of all time, creating some of the best-known songs in modern music, with iconic hits such as "Lights," "Faithfully," "Any Way You Want It," "Wheel In The Sky," "Separate Ways," "Who's Crying Now," and the seminal "Don't Stop Believin'," which is the top-selling digital catalog track in history.
[Show full text]
10624 OBD Newsletter 8.5X11.Indd
4TH QUARTER SEPTEMBER 2005 HENNESSEY >>2 HOGS & HEIFERS >>2 WHY DO BUSINESS IN LAS VEGAS >>3 NEW FACES >>4 Affordable Apartments Geared Toward Let’s take a Downtown Workers, Families closer look! On Wednesday, June 22, 2005, city officials developments. Citibank Community Development celebrated the grand opening of an innovative and Paramount Financial Group were integral Allure – North of Sahara and residential development for urban workers and forces behind the project, working closely with west of Las Vegas Boulevard, the city of Las Vegas, the state of Nevada and this 900-unit twin 39-story the developer to help expedite the development. condo tower will contain “L’Octaine is part of a concept that the council 35,000 s.f. of retail space. and I share with the Tom Hom Group, that we need to provide affordable, attainable housing for “juhl” – Soon to be located on our residents,” said Las Vegas Mayor Oscar B. the corner of Third street and Goodman. “These beautiful garden apartments Bonneville, this mixed-used will fill a need we have in our downtown for development will contain 355 housing that our workers, teachers and families residential units. can afford.” L’Octaine rises to three stories above a street Newport – This development level parking garage. The two ground floor retail will contain 168 residential units units in this mixed-use development are projected LʼOctaine with 6,159 s.f. of commercial at to be occupied in the fall. The property is close the southwest corner of Casino families in downtown Las Vegas. The opening of to the federal courthouse, the Fremont Street Center/Hoover.
[Show full text]
Slotzilla Fact Sheet LOCATION
SlotZilla Fact Sheet LOCATION: Fremont Street Experience 425 Fremont Street, Suite 160 Las Vegas, NV 89101 WEBSITE: vegasexperience.com/slotzilla-zip-line OPENING DATE: Lower Zipline opened April 27, 2014 Upper Zoomline opened Aug. 31, 2014 HOURS: Sunday – Thursday from 1 p.m. – 1 a.m. Friday – Saturday from 1 p.m. – 2 a.m. OVERVIEW: The world’s most successful zipline attraction, SlotZilla features an 850-foot Zipline and 1,750-foot Zoomline, which launches riders from a 12-story slot-machine-themed platform to fly under the iconic Viva Vision canopy. Owned and operated by Fremont Street Experience, the urban zipline attraction in downtown Las Vegas has flown more than one million people since its debut on April 27, 2014, and celebrated its millionth flyer on Sept. 28, 2016. ATTRACTION FEATURES: Lower Zipline Flyers take off 77 feet above the ground from the lower tier of the 12-story SlotZilla tower. Harnessed in a sitting position, guests glide on an 850-foot flight – half the length of Fremont Street Experience – to a platform landing located between Four Queens Hotel and Casino and Fremont Hotel & Casino. Upper Zoomline Flyers launch from 114 feet up and soar at 40 miles per hour in a horizontal “Superman” position 1,750 feet across the entire length of Fremont Street Experience before landing on a platform in front of Golden Gate Hotel and Casino. PURCHASE: Flights can be purchased at the SlotZilla box office, located next to the SlotZilla takeoff tower on Fremont Street between 4th Street and Las Vegas Boulevard, by calling 844- 947-8342 or visiting vegasexperience.com.
[Show full text]
Las Vegas Casino and Hotel Market Outlook 2021
Superior Results Through Unrivaled Hospitality Intelligence. Everywhere. FEBRUARY 2021 LAS VEGAS CASINO AND HOTEL MARKET OUTLOOK 2021 Shannon S. Okada, MAI Managing Director, Gaming HVS Gaming 8545 W. Warm Springs Road, A-4 #336 Las Vegas, Nevada 89113 HVS Gaming Division www.hvs.com HVS.com 8445 W. Warm Springs Road, A-4 #336, Las Vegas, NV 89117 USA The impact of the COVID-19 pandemic on the Las Vegas economy has been extremely harsh given the market’s reliance on visitation and conventions. Following five consecutive years of accommodating more than 42 million visitors, Las Vegas hosted just over 19 million people in 2020 (the lowest number of visitors since 18.1 million in 1989). While vaccination rollouts have begun in Nevada, measures to curb the spread of the COVID-19 virus remain in place. Continued weak performance is anticipated through the first half of 2021. Thereafter, the recovery of travel and general economic performance is expected to accelerate as vaccines, medical therapies, and public confidence support the beginning of the return to pre-pandemic levels. Fortunately, construction is classified as an essential business in Nevada and has continued throughout the pandemic. New developments will contribute to the eventual recovery of the market. COVID-19 PANDEMIC On March 17, 2020, Nevada’s Governor Steve Sisolak ordered the closure of Nevada’s nonessential businesses and urged residents to implement social‐distancing measures to reduce spreading the COVID‐19 virus. The Las Vegas economy was devastated in April and May 2020 due to the shutdown of businesses. Governor Sisolak authorized certain businesses, including restaurants, barbershops, hair salons, and most retail businesses, to reopen with limitations beginning May 9, 2020, and Nevada began its emergence from the pandemic shutdown.
[Show full text]