Las Vegas Hotels, Casinos Try to Move Past the Pandemic
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Las Vegas was hit hard by the pandemic. Conventions were canceled and international travel was stopped. The city's famous casinos dealt with mask mandates, health checks and social distancing. Las Vegas has finally put the Pandemic behind it. The Consumer Electronics Show (CES) was a dud. It was the event that usually kicked off Las Las' busy season. Now Las Sin City is trying to make a comeback.
Nevada dropped its mask mandate just before the Super Bowl. The state's 179 books took $179.8 million in wagers in Superbowl LVI. Philadelphia's 41-33 win over New England set a new record. The end of the mask requirement and the lessening impact of omicron variant appears to have set the city up for a return to normal.
Tourists are returning to Las Vegas. The city was devastated by the pandemic. Average hotel occupancy increased from January to October. Caesars CEO Tom Reeg sees positive signs for the year ahead. Bill Hornbuckle at MGM shares similar sentiments.
In Las Vegas, bookings are up 20% on a month-over-month basis in the FIT and casino segment. 9 of the top 10 days since the pandemic reopening happened in February. Monday was the highest that they have seen to date.
