The number of tourists in Las Vegas dipped by -2.9% last October compared to September’s numbers. However, hotel occupancy increased to 88.30% compared with only 87.7% last August 2019.
While monthly figures show a decline, the number of tourists and visitors significantly increased year-on-year. This increase in the number of visitors is due to sustained leisure visitors, according to the Las Vegas Convention and Visitors Authority.
In lighter news, Nevada will have an increase in minimum wage starting 2020. In the report released by the Northern Nevada Business View, Nevada SB312 will have gradual adjustments to the minimum wage. Accordingly, the minimum wage will increase by 75 cents per year until the hourly rate equals $12 per hour by July 1, 2024. To know more about the details of the minimum wage increase in Nevada, visit http://labor.nv.gov/.