The Las Vegas Limbo: Dine Drink Vegas Podcast Episode 39

How low can these #lasvegas tourist statistics go? Why is almost a quarter of our audience from #Ireland? In #podcast Episode 39, we look at the recent decline in Las Vegas tourism. The drink of the day is the Navy Grog, and as always we bring you the latest Las Vegas news. Come travel with us!

#dinedrinktravel #dinedrinkvegas

Episode 39 - Las Vegas Limbo: How Low Will The Numbers Go? 

Drink of the Day- Navy Grog

 

Don The Beachcomber 

Trader Vic’s

1 ounce dark Jamaican rum
1 ounce gold demerara rum
1 ounce white Cuban or Puerto Rican rum
1 ounce honey syrup*
3/4 ounce club soda, chilled
3/4 ounce grapefruit juice, freshly squeezed
3/4 ounce lime juice, freshly squeezed
Garnish: mint sprig
Garnish: lime wheel

1 oz Aged Trinidad Rum

1 oz Aged Demerara Rum

1 oz Aged Jamaican Rum

¼ oz Allspice Dram (AKA Pimento Dram)

¼ oz Demerara Syrup

¾ oz Fresh Grapefruit Juice

¾ oz Fresh Lime Juice

1 Mint Sprig

Whichever ingredient list you choose (or your own variation thereof,) shake everything BUT club soda with ice, strain over crushed ice in a tiki glass,top with club soda is you are using Don’s version, and garnish.

Main Story- Las Vegas Convention and Visitors Authority’s Data shows YTP Declines in multiple categories. Let’s talk about the data:

Change from Previous Year

Jan 2025

 

Feb 2025

 

Mar 2025

Visitor Volume

-1.1%

 

-11.9%

 

-7.8%

Convention Attendance

12.8%

 

-19.5%

 

10.2%

Available Room Inventory

-3.7%

 

-3.6%

 

-3.5%

Total Occupancy

3.0

 

-3.4

 

-2.4

Weekend Occupancy

2.0

 

-3.9

 

-1.0

Midweek Occupancy

3.2

 

-3.3

 

-2.5

Strip Occupancy

3.3

 

-3.1

 

-2.5

Downtown Occupancy

4.9

 

-3.6

 

0.7

Average Daily Room Rate (ADR)

2.2%

 

-25.0%

 

3.1%

Strip ADR

2.0%

 

-26.2%

 

3.9%

Downtown ADR

3.9%

 

-7.4%

 

-0.7%

Revenue Per Available Room (RevPAR)

6.0%

 

-28.1%

 

0.2%

Strip RevPAR

6.1%

 

-28.9%

 

1.0%

Downtown RevPAR

11.5%

 

-12.1%

 

0.3%

Total Room Nights Occupied

0.0%

 

-10.7%

 

-6.1%

Total En/Deplaned Passengers

0.4%

 

-7.5%

 

-3.9%

Avg. Daily Auto Traffic: All Major Highways*

2.7%

 

2.2%

 

1.8%

Avg. Daily Auto Traffic: I-15 at NV/CA Border

3.1%

 

-0.1%

 

-3.1%

Gaming Revenue : Clark County

13.3%

 

-9.7%

 

-1.8%

Gaming Revenue: Las Vegas Strip

22.4%

 

-13.8%

 

-4.8%

Gaming Revenue: Downtown

-2.3%

 

-4.9%

 

11.6%

Gaming Revenue: Boulder Strip

-6.2%

 

-1.3%

 

10.2%

 

News Items

• casino.org, which actually publishes more than just Scott Roeben’s Vital Vegas blog, is reporting that Wynn might get as much as $1 billion for 38 unused acres on the Strip. They had development plans before the pandemic, but now might invest those funds overseas. Wynn has not said that the land is for sale, however.

 

• We haven’t reported on Lake Mead levels in a long time, because last year was a wet year. Newsweek is reporting that levels are again declining precipitously. Please be thoughtful about your water consumption when you go to Las Vegas.

 

• The Las Vegas Review Journal reports that the site for the A’s stadium has been largely graded, and they have now drilled holes in the ground for concrete and reinforcing steel. It increasingly seems that this is a real thing which will actually happen.

 

• According to thestreet.com, Brad Paisley closed his residency at The Encore May 10. Setting aside that Bill may be the only Brad Paisley fan to even stay at The Encore, how do you feel about superstar residencies in Las Vegas as opposed to the Fremont Street concert you happen to pass?
  
  
• Jacob’s Life In Vegas reports that slots are actually looser on the Strip than Downtown - this jive’s with John’s rule of thumb: Downtown for Video poker or table games, the Strip for slots

 

• The New York Post reports that Katy Perry’s 3 year residency at Resorts World cost the hotel a lot of money. She wants to return, but is unwanted. She was getting paid between $750,000 and $900,000 per show. The residency ran from 2021 to 2023.

 

Ireland WTF

• Bill’s boy was on an airplane in Dublin today when the flight was delayed because… wait for it… an American Airlines flight attendant was arrested