Is the Glittering Strip Losing its Shine?

• Las Vegas tourism is experiencing a significant decline, with visitor numbers dropping by over 11% compared to last year.
• Economic uncertainty, rising prices, and competition from other destinations are cited as reasons for the downturn.
• The decline is impacting local workers, with many experiencing reduced hours and income.
• The U.S. tourism industry is also facing a broader decline, with international visitor spending projected to fall by $12.5 billion.

Visitor Decline in Las Vegas

Las Vegas, renowned for its vibrant casinos and entertainment, is facing a notable decline in tourism. In June, the city saw a drop of 11.3% in visitors compared to the previous year, with international visitors decreasing by 13%. Hotel occupancy has also fallen by nearly 15% and the once-bustling Vegas Strip now appears eerily empty, affecting local businesses and workers.

Economic Factors and Competition

The decline in visitors is attributed to several factors, including rising prices and increased competition from destinations like Nashville. Economic uncertainty and weaker consumer confidence are also contributing to the slump. Ted Pappageorge of the Culinary Union suggests that political factors, such as immigration policies and tariffs, are deterring visitors, particularly from Southern California, a key market for Las Vegas.

Impact on Local Workers

The downturn in tourism is directly affecting workers in Las Vegas. Gloria Valdez, a longtime hostess, notes the significant drop in restaurant reservations, impacting her income. Similarly, cocktail waitress Holly Lang reports a decline in tips, highlighting the vulnerability of the service industry during economic downturns. Many workers have faced reduced hours and job insecurities, with some businesses already implementing layoffs.

Nationwide Tourism Decline

The tourism decline is not limited to Las Vegas. The U.S. is projected to lose $12.5 billion in international visitor spending, with a notable decrease in arrivals from key markets like the U.K., Germany, and Canada. The World Travel and Tourism Council warns that the U.S. is the only country among 184 assessed to experience such a decline, largely due to restrictive policies and tariffs.

Future Uncertainty

The future of Las Vegas’s tourism industry remains uncertain. While some casinos have reported positive gaming revenue, the overall tourism sector is struggling. Workers express concerns about job stability and limited opportunities, as the city’s economy heavily relies on the tourism industry. The question remains whether this downturn is a temporary “Trump slump” or a longer-lasting trend.

Discover more at Time.