June 2025 Sees a Sharp 11.3% Dip in Las Vegas Tourism Amid Rising Costs
Las Vegas is grappling with a significant tourism crisis as visitor numbers plunged to a mere 3.1 million people in June 2025. This marks an alarming 11.3% decline compared to the same month the previous year. The Las Vegas Convention and Visitors Authority (LVCVA) attributes this downturn to “persistent economic uncertainty and weaker consumer confidence.”
The tourism slump has triggered a ripple effect throughout the hospitality industry of Sin City. Hotel occupancy rates have dipped by 6.5 percentage points, while average daily room rates have seen a 6.6% decrease, settling at $163.64. The Revenue per Available Room (RevPAR) on the Strip has taken a steep fall of 13.5% year-over-year, indicating significant financial pressure on casino resorts.
Industry pundits identify high prices as the primary deterrent driving visitors away. Tom Reeg, the CEO of Caesars Entertainment, recently referred to it as a “soft summer” for the destination. The decline has been especially noticeable among international travelers, with a 13.2% decrease in June. Air traffic at Harry Reid International Airport also witnessed a 6.3% dip.
Source: News3LV