Ruthie Rocks & Teaching Jim Audio Experience - Jeremy Aguero Reported On Our Positive Outlook

What are your top 3 goals? What are your constraints-Your Obstacles? Most Importantly - Future proof initiatives.

Las Vegas’ tourism industry is expected to surge back this year from its steep plunge in 2020, but the valley’s economic recovery could stall if it suffers another wave of coronavirus infections

UNLV’s Center for Business and Economic Research predicts that visitor volume in Southern Nevada will climb 57 percent this year and 13.2 percent next year, following its 55.2 percent drop in 2020 after the pandemic kept people home and away from crowds for fear of getting infected.

The center also forecasts that Southern Nevada gambling revenue will rise 35.5 percent this year and 10.7 percent next year after it fell 36.8 percent in 2020, and that hotel and motel occupancy will climb 30.2 percent this year and 12.1 percent next year, following its 46.6 percent drop in 2020.

The pandemic sparked huge job losses nationwide last year. But its fallout was especially severe in casino-heavy Las Vegas, threatening the foundation of the local economy as a place people visit from around the country and world, often by airplane, to stay in huge hotels and eat, drink, gamble, party and network, all in close quarters with masses of others and often indoors.

Las Vegas’ jobless rate, just 3.6 percent in February 2020, skyrocketed to 33.3 percent last April after Gov. Steve Sisolak ordered casinos and other Nevada businesses closed to help contain the virus’s spread.

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