TITLE

Current drop in hotel room occupancy contains perceptible silver lining

AUTHOR(S)
Schwartz, David
PUB. DATE
March 2009
SOURCE
Las Vegas Business Press (10712186);3/9/2009, Vol. 26 Issue 10, pP25
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the 90 percent drop in hotel occupancy rates in Las Vegas, Nevada in 2008. According to the author, hotel room occupancy rates averaged about 85 percent in the early 1970s. In the early 1980s, rates fell from about 83 percent to just more than 76 percent. The author says that the current drop does have a silver lining and that is visitors still coming to Las Vegas in far greater numbers than during previous economic slowdowns.
ACCESSION #
40538980

 

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