By by Calculated Risk on 3/30/2022 02:21:00 PM
From the Las Vegas Visitor Authority: February 2022 Las Vegas Visitor Statistics
exceeded 2.6M in February, 70% ahead of a year ago but down -18% vs. February 2019.
Overall hotel occupancy reached 69.3%, roughly 10 pts ahead of January, up 27.3 pts YoY and down
17.7 pts vs. February 2019. Weekend occupancy came in relatively strong at 87.5%, 24.7 pts ahead of
the weekend levels of last February and only 4.4 pts below February 2019. Midweek occupancy still
reflected a convention segment in recovery but reached 60.7%, well over the 32.1% level of last
February (+28.6 pts) but down 23.9 pts vs. February 2019.
February 2022 ADR approached $150, surpassing both February 2021 (+52.5%) and February 2019
(+15.0%) while RevPAR reached $103.62 for the month, dramatically ahead of February 2021
(+151.7%) and down only 8.4% vs. February 2019.
Click on graph for larger image.
The first graph shows visitor traffic for 2019 (dark blue), 2020 (light blue), 2021 (yellow) and 2022 (red)
Visitor traffic was down 18.0% compared to the same month in 2019.
Convention traffic was down 41.4% compared to January 2019.
Note: There was almost no convention traffic from April 2020 through May 2021.
