Could slow business in Las Vegas be a sign of things to come?
NBC News·2025-08-18 21:18

Tourism & Economy - Las Vegas visitor numbers in June decreased by over 11% year-over-year and over 7% for the entire year [1] - Hotel room occupancy and convention attendance experienced drops in the tens of thousands [2] - One group estimates a 125 billion dollar (USD) fall in the US tourism market in 2025 [3] - Flights into Las Vegas from Canada are down by more than 18% compared to last year [3] Las Vegas Transformation - Las Vegas has been rebuilding and rebranding, diversifying its economy by acquiring sports teams and transforming the strip into an F1 racetrack [2] - The high-tech sphere has become a popular concert destination and a new landmark [2][3] - Gambling revenue has not been negatively impacted this summer [3] Economic Outlook - Potential visitors, such as Canadians, are angered by President Trump's tariff announcements [3] - It is currently uncertain whether the Vegas slump is temporary or the start of a larger trend [4]