Why is Las Vegas visitor traffic declining?

Las Vegas visitor traffic is declining primarily due to a pullback from budget-conscious travelers, while higher-income individuals continue to spend. This has resulted in a 7.5% drop in visitors in 2025, the sharpest decline outside the pandemic since 1970.

How is the decline in Las Vegas visitors affecting the city?

The decline in visitors, particularly midweek leisure travelers, is impacting hotel pricing, flight schedules, and worker paychecks. Major casino operators have reported decreased revenue and profits.

Are all types of travelers avoiding Las Vegas?

No, higher-income travelers continue to spend and book trips, but budget-conscious households are pulling back, leading to softer demand during weekdays.

Home / Business and Economy / Vegas Visitor Slump Hits Midweek Leisure

Vegas Visitor Slump Hits Midweek Leisure

19 Feb

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Summary

Las Vegas visitor numbers fell sharply in 2025, the largest drop since 1970.
Midweek leisure travel is down, impacting hotels, flights, and worker paychecks.
Higher-income travelers continue spending, while budget-conscious consumers pull back.

Vegas Visitor Slump Hits Midweek Leisure

Las Vegas experienced its steepest annual visitor decline since 1970, excluding pandemic years, with a 7.5% drop in 2025. This trend is most pronounced in midweek leisure travel, impacting the city's core economy. While high-earning travelers continue to spend, those on tighter budgets are cutting back, leading to softer demand on weekdays.

This shift is evident in reduced hotel occupancy, adjusted flight schedules, and a noticeable impact on worker earnings and tips. Analysts suggest Las Vegas is particularly vulnerable due to its pricing and fees, making it less attractive for budget-conscious visitors. Major casino operators like MGM Resorts and Caesars Entertainment reported decreased revenue and profits in their Las Vegas segments for 2025.