Las Vegas Casino and Hotel Market Outlook 2010

The impact of the downturn in the national and worldwide economies, and the resulting decrease in consumer consumption, was strongly felt by the Las Vegas gaming-tourism industry in 2009. Reversal of the declining visitation, average daily room rate, and gaming revenue exhibited in 2009 is not expected until consumer confidence and spending increase. While it is too early to tell what the effects of the opening of the $8.

USA & Canada United States Nevada las Vegas

Shannon Okada, MAI, Managing Director of Gaming with HVS, is based in Las Vegas, Nevada. His experience includes appraisals and feasibility studies for existing and proposed hotels, resorts, and casinos.

HVS is the world's leading consulting and services organization focused on the hotel, restaurant, shared ownership, gaming, and leisure industries. Established in 1980, the company performs more than 2,000 assignments per year for virtually every major industry participant. HVS principals are regarded as the leading professionals in their respective regions of the globe.

Comments

Comments for this content

0 comments available
Loading comments...