October was cruelest month

January 2009
Las Vegas Business Press (10712186);1/12/2009, Vol. 26 Issue 2, p24
The article claims that October was the cruelest month of 2008 as it brought the single largest monthly decline in gaming revenue in the state history of Nevada. It cites several factors that contributed to the weak performance of the gaming industry amid the economic downturn in October. It notes the decline of average room rate, the drop of average hotel occupancy and the low ratio of employees to hotel rooms during the month.


Related Articles

  • Current drop in hotel room occupancy contains perceptible silver lining. Schwartz, David // Las Vegas Business Press (10712186);3/9/2009, Vol. 26 Issue 10, pP25 

    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...

  • New Aurora open.  // Casino International;Feb2008, p8 

    The article reports on the opening of the Aurora Hotel and Casino del Sol in Santo Domingo East. An investment of more than $20 million was made for the construction of the hotel and casino which offers 250 slot machines, 23 table games, a poker room and a VIP room for high rollers. It has 50...

  • BETTING ON BARGAINS. Browne, Michael // Travel Agent;5/11/2009, Vol. 334 Issue 10, p36 

    The article reports on the economic condition of the tourism industry in Las Vegas, Nevada. Despite the current financial condition and the continuous drop of its visitor year-on-year, the Las Vegas destination remains a vacation destination for many Americans. It further states that in an...

  • Casinos have overlooked best incentive for customers: free gambling. Schwartz, David // Las Vegas Business Press (10712186);3/10/2008, Vol. 25 Issue 10, p23 

    The author reflects on the possibility of offering free gambling as an incentive for casino customers. He argues that casinos will eventually draw 40 percent of its revenues from hotel rooms or suites offered to customers. As such, the author suggests the offering of free gambling as an...

  • Million-dollar marketing ideas. Conrad, Dennis // Casino Journal;May2005, Vol. 18 Issue 5, p30 

    Presents several marketing ideas for casinos. Use of penny slot machines; Tips on charging hotel rooms; Significance of allowing slot customers to play every new slot machines to a business.

  • Hotel chains look for local flavors, homey settings. RUGGLESS, RON // Nation's Restaurant News;6/28/2010, Vol. 44 Issue 13, p70 

    The article focuses on the performance of hotel chains during the economic crisis in the U.S. in 2009. According to Smith Travel Research Inc. of Hendersonville, Tennessee, the revenue per available room (RevPAR) declined by 16.7 percent in 2009. It is stated that many limited-service hotels...

  • TWO LAS VEGAS RESORTS OPEN HOTEL TOWERS. Knightly, Arnold M. // Las Vegas Business Press (10712186);1/4/2010, Vol. 27 Issue 1, pP12 

    The article reports on the opening of the 1,201-room PH Towers at Planet Hollywood Resort and the 374-room HRH Tower at the Hard Rock Hotel in Las Vegas, Nevada amid declining hotel occupancy and room rates.

  • Market Confident Despite Decline in Northern Ierland Occupancy.  // Hospitality Ireland;Aug2011, Issue 72, p10 

    The article reports on the decline in the hotel bedroom occupancy rate in Northern Ireland from 2009 to 2010, as indicated in the figures released by ASM Chartered Accountants in August 2011.

  • The Long Road Home. PRICE, LISA // Cabela's Outfitter Journal;Aug2014, Vol. 15 Issue 4, p16 

    A first person narrative is presented on visiting a bad quality hotel room in Hugoton, Kansas.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics