Friday, November 14, 2008
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.