Friday, November 14, 2008

On The Bright Side...


Oh, never mind. Remember last month when I looked at the monthly figures from the Las Vegas Convention and Visitors Authority and managed to eek out a crumb of good news that Laughlin seemed to be thriving?

Well, that didn't last long. Even in the great mecca that is Laughlin, occupancy which was up 2.8 percent from August 07 to August 08 is now down 13.3 percent from September 07 to September 08. Passengers to the airport there was down 2.3 percent after being up 19.6 percent in August. And so on.

It's just so depressing. So guess who has to spend the rest of the day working on a piece on how depressing it all is? Hooray for me! If you want to see the miserable statistics for yourself, click here but be sure to have a good, stiff drink at hand. Hey, it's noon somewhere right? There is not one single indicator for September that's up. Well, room inventory for Las Vegas is up 3.2 percent year-over-year, but that's not GOOD news when room occupancy is down 10.1 percent, is it?

But just for kicks, atop this post is a Google Finance chart showing where the major stocks have gone in recent months. It's colorful, anyway.

4 comments:

ChrisR said...

Do you have any links to the bottom line for tourists over time : are room prices going up, down or sideways? The one place I have been keeping an eye on doesn't seem to have changed over the last few weeks at all...

Heather said...

It's alright. Troy and I will be in Laughlin next week to do our part. We're givers, what can we say.

Joe The Reader said...

i can always count on steve to make me laugh even through the tears. the oh never mind was classic. hahaa

gregoryzephyr said...

Vegas may be in a downturn but, hey, its not Akron. Or, Toledo. Or, Detroit. Those folks are feeling real pain. Plus it gets cold there!