Las Vegas meeting and convention sector booms

Las Vegas welcomed almost 5.2 million delegates to meetings and conventions in 2014 - its highest number in six years.

Las Vegas meeting and convention sector booms
Las Vegas meeting and convention sector booms
The city hosted a total of 22,103 meetings, trade shows or conventions last year, also the highest number since 2008.

The figures, released by the Las Vegas Convention and Visitors Authority (LVCVA), contributed to a record 41.1 million visitors overall in 2014, 1.4 million more visitors than the previous high of 39.7 million set in 2012.

Rossi Ralenkotter, president/CEO of the LVCVA, said the latest results point to continued recovery for Las Vegas tourism.

"Breaking the 40 million visitor mark has been a goal of ours, and reaching beyond that to more than 41 million is a testament to the hard work of our resort partners and everyone who works in the industry," he said.

"Tourism drives our local economy, and the growth in recent years is a positive sign for both the industry and our community. With more than $9 billion (£6bn) in recent and planned developments, we are poised to continue that growth and march toward our next goal of 45 million visitors in the coming years," he added.

Average citywide occupancy also grew 2.4 percentage points to 86.8% for 2014 – 22 points higher than the national average of 64.1% - and the average daily room rate increased by $6 (£4) to nearly $117 (£78).

Las Vegas tourism generates more than $45bn (£30bn) in economic impact for the local economy and supports 376,000 local jobs.

More:

Three of the best... alternative venues in Las Vegas

ICSC's RECon to stay in Las Vegas

60 seconds with... Las Vegas' Chris Meyer

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
How to recruit new 'wildcard' speakers

How to recruit new 'wildcard' speakers

Education, training and speaker coaches are key to unearthing new talent, according to an expert panel at the C&IT Corporate Forum.

La Torre Golf & Spa Resort opens in Murcia

La Torre Golf & Spa Resort opens in Murcia

New 133-room DoubleTree hotel features lake-front views, a ballroom for 700 delegates and four restaurants.

Read the full State of the Industry: Corporate Report

Read the full State of the Industry: Corporate Report

C&IT subscribers can read our report for corporate event planners, including stats, trends and industry insights.

Agency boss reveals blueprint for rapid business growth

Agency boss reveals blueprint for rapid business growth

MD of WONDER London explains how his company has quickly grown from two to 40 people in six years, working with clients like Google.

In pictures: Performing Artistes' New Year Speaker Drinks

In pictures: Performing Artistes' New Year Speaker Drinks

The annual event with drinks and entertainment was held at the Institute of Directors and hosted by comedian Andy Parsons.

6 new international congress centres

6 new international congress centres

As demand for large-scale international events continues to grow, we take a look at conference venues opening from 2019.

In pictures: Corporate Forum 2019

In pictures: Corporate Forum 2019

This year's forum featured inspirational talks, panel discussions and a gala dinner in the ballroom at The Langham hotel.

How to increase delegate engagement

How to increase delegate engagement

A panel of experts at the C&IT Corporate Forum discussed how to attract delegates and keep them happy.

'Riskiest' places to travel revealed by medical insurer

'Riskiest' places to travel revealed by medical insurer

From typhoid and malaria to 'Delhi Belly', new research reveals where travellers could catch the most threatening travel bugs.

Live Union hires senior account manager

Live Union hires senior account manager

Leonor Nem├ęsio Nobre joins from Kia Motors, where she worked on a range of corporate events.

LATEST JOBS