Shannon S. Okada

MAI, Managing Director of Gaming with HVS

 Shannon OkadaShannon 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. He holds a Master of Science degree in Hotel Administration from the University of Nevada Las Vegas, Master of Business Administration and Juris Doctor degrees from Pepperdine University, and a Bachelor of Business Administration degree in Marketing & Management from the University of Hawaii. Contact Shannon at +1 (702) 280-1405 or [email protected]

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Insights by Shannon S. Okada (5)

Las Vegas Casino & Hotel Market Outlook 2019

Las Vegas is both iconic and unique, providing over 147,000 guestrooms; numerous casinos; a wide range of food, beverage, and entertainment options; shopping venues; and meeting and convention space. Overall, Las Vegas is expected to continue generating demand from local, national, and international sources at various price points.

Las Vegas Casino & Hotel Market Outlook 2016

Las Vegas lives on reputation. A city of enticement, its draws include world-renowned institutions and venues for gambling, dining, entertainment, conventions and meetings, and high-end shopping. Gaming, both in terms of visitors who come to gamble and gaming wins per visitor, is evidently in decline in the market.

In Focus: Las Vegas Casino & Hotel Market Outlook 2014

Las Vegas is well positioned for growth with the openings of SLS Las Vegas, Delano Las Vegas, The LINQ, and The Cromwell in 2014. The Las Vegas Convention and Visitors Authority's plans for the Global Business District, Genting's Resorts World Las Vegas development, and MGM-AEG's 20,000-seat arena are all part of the city's evolution that will define Las Vegas' future competitive landscape as a destination.

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.