tourism - Las Vegas Global Economic Alliance
Transcription
tourism - Las Vegas Global Economic Alliance
POPULATION EN RO LLM EN 69.8 B U SINE S S & INDUSTRY AVER NE W $ 757 9 DE MA ND 3,086,745,0 NEW COMPAN IES (ASSISTED BY NT 45 7 200MARKET,878 ,270 IND VAC A NC Y R AT E VO 6 M 39.67 41.80,593 ,0 5 1 50 CO MM ER C O $ IAL MAR DE F F I KET MA C E ND LU M T O UVISRITOIRSVOLUME ME UNEMPLOY MENT RATE CONVENTIOCNE AT TENDAN MCC AN A RR PA S SE NG ER 3,0 5.11 M $ 9,67 3,60 USTR 25.7% 0,72 IAL MARKET 4 SF TY C L A R K C O U N G RE V E NUE G R O S S G A MI N SF Tourism Overview.................................................................. 148 Las Vegas Visitor Volume & Conventions Held Clark County Gross Gaming Revenue 148 148 Hotels / Motels....................................................................... 149 Number of Hotel / Motel Rooms Hotel / Motel Occupancy Levels 15 Largest U.S. Hotels 149 149 149 Visitors..................................................................................... 150 Visitor Demographics Visitor Profile 150 150 Airport Activity........................................................................ 151 McCarran International Airport Passenger Statistics Top 10 U.S. Airports Scheduled Enplanements on U.S. Airlines 151 151 Facilities.................................................................................. 152 Las Vegas Hotel/Motel Facilities Southern Nevada Hotel Facilities Outside the Las Vegas Valley 152 153 Conventions............................................................................ 154 Major Conventions 2014 Major Conventions 2015 Major Conventions 2016 154 155 155 Locals Gaming Market.......................................................... 156 Monthly Gaming Budget Purpose of Casino Visits Frequency of Casino Visits 156 156 156 Construction Recap............................................................. 157 Initiated and Proposed Projects...................................... 158 10-tourism.indd 147 00 LVGEA) 26 895,700 9.5% EMPLOYME 00 A TM EN OCC TM T AR EN AP VG. R AR UP KET AN CY $ M 54,646 TOTA L 7,0SA7LE6 RE 47,5 7 0 las vegas perspective 2 .0 % EN T H RO OT E OM L S 0.4 99 .7 EM PE RA TU R AGE T COST HOUSI OF NG 3,39 5 E T TIM FIRS THE FOR IN TOURISM ANNUAL HOME SALES OL LM NON CAN 970 1 100 EQU ALS NAT ION AL AV ER AG E CALIFORNIA S 36,6 2 EN R NS OLLM C ENT T COM MU COS NI TO F 10 LIVING TY % NEWCOMER UN 27,8LV 4 C N EN R 9 2,0336.62,253 ARE FR S OM o E 2013 8 % 72.5 INCR DUREASE ING 3/18/14 9:59 AM 2014 Las Vegas Perspective TOURISM Tourism Overview Las Vegas Visitor Volume & Conventions Held YEAR NO. OF VISITORS (000) % CHANGE NO. OF DELEGATES (000) % CHANGE NO. OF CONVENTIONS HELD % CHANGE 37,389 38,567 38,915 39,197 37,482 36,351 37,335 38,929 39,727 39,668 5.2% 3.2% 0.9% 0.7% -4.4% -3.0% 2.7% 4.3% 2.1% -0.1% 5,725 6,166 6,308 6,209 5,900 4,492 4,473 4,865 4,944 5,107 1.2% 7.7% 2.3% -1.6% -5.0% -23.9% -0.4% 8.8% 1.6% 3.3% 22,286 22,154 23,825 23,847 22,454 19,394 18,004 19,029 21,615 22,027 -8.9% -0.6% 7.5% 0.1% -5.8% -13.6% -7.2% 5.7% 13.6% 1.9% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Source: Las Vegas Convention and Visitors Authority. Clark County Gross Gaming Revenue YEAR 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 REVENUE (IN MILLIONS) % CHANGE $8,712 $9,717 $10,644 $10,868 $9,797 $8,838 $8,909 $9,223 $9,400 $9,673 11.2% 11.5% 9.5% 2.1% -9.9% -9.8% 0.8% 3.5% 1.9% 2.9% Source: Nevada Gaming Control Board. The 120’ tall Harmon Corner Retail Center, anchored by retail giant Walgreens, occupies the northeast corner of one of North America’s busiest pedestrian intersections with high-profile neighbors including The Cosmopolitan, Aria at City Center and Planet Hollywood. Photo by YESCO. tourism overview Clark County Gross Gaming Revenue (in millions) $10,644 $10,868 $9,797 $9,717 $8,712 '04 148 10-tourism.indd 148 '05 '06 '07 '08 $8,838 $8,909 '09 '10 $9,223 $9,400 '11 '12 $9,673 '13 tourism » overview 3/18/14 9:59 AM 2014 Las Vegas Perspective TOURISM Hotels / Motels Number of Hotel / Motel Rooms 15 Largest U.S. Hotels YEAR 2009 2010 2011 2012 2013 ROOMS GROWTH 148,941 148,935 150,161 150,481 150,593 6.0% 0.0% 0.8% 0.2% 0.1% Source: Las Vegas Convention and Visitors Authority. Hotel / Motel Occupancy Levels Hotel Motel Weekend Midweek TOTAL 2012 2013 CHANGE 87.4% 58.0% 90.8% 81.6% 84.4% 87.1% 59.8% 91.1% 81.4% 84.3% -0.3 1.8 0.3 -0.2 -0.1 Source: Las Vegas Convention and Visitors Authority. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 RANK/HOTEL ROOMS MGM Grand Luxor Venetian Resort ARIA Resort Excalibur Bellagio Caesars Palace Circus Circus Flamingo Mandalay Bay Palazzo, The Mirage Cosmopolitan, The Monte Carlo LVH - Las Vegas Hotel 5,044 4,400 4,027 4,004 3,991 3,933 3,776 3,767 3,460 3,211 3,066 3,044 2,995 2,992 2,950 Source: Las Vegas Convention and Visitors Authority. Note: Figures include only hotel rooms (no timeshares are included). hotels / motels The Fountain view terrace bedroom at the Cosmopolitan offers panoramic views of the city and famous Bellagio fountains with a Las Vegas skyline. tourism » hotels / motels 10-tourism.indd 149 149 3/18/14 9:59 AM 2014 Las Vegas Perspective TOURISM Visitors Visitor Demographics Gender Male Female 50% 50% Marital Status Married Single Separated/Divorced Widowed 79% 15% 4% 2% Household Income Less than $20,000 $20,000-$39,999 $40,000-$59,999 $60,000-$79,999 $80,000 or More No Response 1% 5% 25% 28% 35% 6% Origin Employment Status Age 21-29 30-39 40-49 50-59 60-64 65 + AVERAGE AGE 15% 27% 19% 15% 9% 15% 45.8 Employed Unemployed Student Retired Homemaker 67% 5% 2% 20% 6% Race/Ethnicity Education High School or less Some College College Graduate Trade/Vocational School 13% 31% 51% 5% White African American/Black Asian/Asian American Hispanic/Latino Other 73% 5% 12% 8% 2% International Domestic Eastern States1 Southern States2 Midwestern States3 Western States4 California Southern California Northern California Arizona Other Western States 20% 80% 6% 12% 10% 52% 33% 26% 7% 6% 13% 1 astern States: Connecticut, Delaware, District of Columbia, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, E New York, Pennsylvania, Rhode Island, Vermont. 2 outhern States: Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, Oklahoma, South S Carolina, Tennessee, Texas, Virginia, West Virginia. 3 idwestern States: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South M Dakota, Wisconsin. 4 estern States: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada (excl. Clark County), New Mexico, W Oregon, Utah, Washington, Wyoming. Source: Las Vegas Convention and Visitors Authority. Visitor Profile Trip Expenditures Per Visitor Nights Stayed Food and Drinks Shopping Accommodations Shows One Two Three Four Five or More AVG. STAY (NIGHTS) $278.95 $140.90 $167.10 $38.45 Location of Lodging visitors Strip Corridor Downtown Boulder Strip Other 150 10-tourism.indd 150 77% 5% 3% 15% Transportation to Las Vegas 7% 22% 33% 21% 16% 3.3 Air Automobile/Bus/RV 42% 58% Gaming Gaming Budget Percent that gambled AVG. HOURS PER DAY $529.57 71% 2.9 Source: Las Vegas Convention and Visitors Authority. tourism » visitors 3/18/14 9:59 AM 2014 Las Vegas Perspective TOURISM Airport Activity More than ten taxi companies provide service to and from the airport and locations throughout Las Vegas. At Terminal 1 taxicabs are available on the east side of baggage claim and at Terminal 3 taxis are conveniently located outside on Level Zero. There are 20 taxi loading positions on the on the west end of the building to serve domestic travelers and 10 loading positions on the east side of the building to accommodate international travelers. McCarran International Airport Passenger Statistics (000) TOTAL 41,442 44,267 46,193 47,728 44,075 40,469 39,757 41,480 41,668 41,857 Source: Clark County Department of Aviation (Enplaned and deplaned passengers). Ranked by System* (Passenger numbers in millions) 2013 RANK/AIRPORT 1 2 3 4 5 6 7 8 9 10 2013 ENPLANED PASSENGERS 2012 RANK 2012 ENPLANED PASSENGERS % CHANGE 2012-2013 40.9 27.4 26.2 23.6 23.0 19.4 17.5 17.2 17.0 16.3 1 2 3 5 4 6 7 8 9 10 41.6 27.6 25.2 22.9 23.4 18.3 17.6 17.1 17.0 16.6 -1.6 -0.6 3.7 2.7 -1.8 6.2 -1.0 0.7 -0.3 -1.8 Source: Bureau of Transportation Statistics, T-100 Market. *System equals domestic plus international. Note: Percentage changes based on numbers prior to rounding. As of year-to-date November 2013. tourism » airport activity 10-tourism.indd 151 Atlanta Chicago O'Hare Dallas/Fort Worth Los Angeles Denver Charlotte Phoenix San Francisco LAS VEGAS Houston Bush airport activity 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Top 10 U.S. Airports Scheduled Enplanements on U.S. Airlines 151 3/18/14 9:59 AM 2014 Las Vegas Perspective TOURISM Facilities Las Vegas Hotel/Motel Facilities (Minimum 200 Rooms) ROOMS MEETING SPACE Alexis Park All Suites Resort Aliante Casino + Hotel + Spa ARIA Resort & Casino Arizona Charlie's Boulder Arizona Charlie's Decatur Bally's Las Vegas Bellagio Boulder Station Hotel-Casino Caesars Palace California Hotel and Casino Candlewood Suites Cannery Casino & Hotel Circus Circus Hotel, Casino and Theme Park Clarion Hotel & Casino, Near Las Vegas Strip The Cosmopolitan of Las Vegas the D Las Vegas Days Inn Las Vegas at Wild Wild West Casino Desert Rose Resort Downtown Grand Las Vegas Eastside Cannery Casino Hotel El Cortez Hotel and Casino Elara, a Hilton Grand Vacations Hotel - Center Strip Embassy Suites Convention Center Embassy Suites Las Vegas Airport Emerald Suites - Las Vegas Blvd Encore at Wynn Las Vegas Excalibur Hotel and Casino Fiesta Henderson Casino Hotel Flamingo Las Vegas Four Queens Hotel and Casino Four Seasons Hotel Las Vegas Fremont Hotel and Casino Gold Coast Hotel and Casino Golden Nugget Green Valley Ranch Resort & Spa Hacienda Hotel & Casino 495 202 4,004 301 258 2,814 3,933 300 3,776 781 276 201 3,767 202 2,995 639 259 284 629 307 298 1,201 286 220 386 2,034 3,991 224 3,460 694 424 447 712 2,348 495 289 50,000 30,000 300,000 1,665 4,500 175,000 200,000 12,000 300,000 4,935 760 21,400 4,750 200,000 8,000 630 300 2,490 20,000 3,200 2,811 11,000 6,000 760 60,000 12,226 4,574 73,000 2,264 28,000 7,330 30,000 31,000 65,000 5,532 facilities PROPERTY NAME PROPERTY NAME Hampton Inn Tropicana Hard Rock Hotel & Casino Harrah's Las Vegas Hotel and Casino Hilton Grand Vacations Club on the Las Vegas Strip Hilton Lake Las Vegas Resort & Spa Holiday Inn Club Vacations at Desert Club Resort Hooters Casino Hotel Hyatt Place Las Vegas JW Marriott Las Vegas Resort, Spa & Golf La Quinta Inn & Suites Las Vegas Airport North-Convention Center Luxor Hotel and Casino LVH - Las Vegas Hotel & Casino M Resort Spa & Casino Main Street Station Casino, Brewery and Hotel Mandalay Bay Resort & Casino Mandarin Oriental Mardi Gras Hotel and Casino Marriott Las Vegas Convention Center Marriott Residence Inn Hughes Center Marriott SpringHill Suites Las Vegas Convention Center MGM Grand Hotel and Casino The Mirage Hotel & Casino Monte Carlo Resort and Casino New York-New York Hotel & Casino Orleans Hotel and Casino Palace Station Hotel Casino The Palazzo Resort - Hotel - Casino Palms Casino Resort Palms Place Hotel and Spa Paris Las Vegas Planet Hollywood Resort & Casino The Platinum Hotel Plaza Hotel & Casino The Quad Resort & Casino ROOMS MEETING SPACE 4,400 2,950 390 406 3,211 392 314 278 256 299 20,000 200,000 92,000 4,500 1,663,697 12,360 4,000 4,268 1,418 4,522 5,044 3,044 2,992 2,024 1,885 1,015 3,066 703 599 2,916 2,496 255 1,003 2,545 602,000 171,959 30,000 21,500 40,000 19,588 60,000 2,200 140,000 100,000 15,000 23,000 40,000 322 1,505 2,526 428 349 200 696 202 548 251 8,400 81,000 25,000 798 94,417 38,500 3,408 109,679 1,400 The JW Marriott Las Vegas Resort & Spa is located in the heart of Southern Nevada’s most prestigious collection of golf courses at 221 North Rampart Boulevard. The property consist of 50 acres of flourishing gardens, a resort pool with waterfalls and whirlpools, a lavish spa, and eleven restaurants. 152 10-tourism.indd 152 tourism » facilities 3/18/14 9:59 AM 2014 Las Vegas Perspective TOURISM Las Vegas Hotel/Motel Facilities (Minimum 200 Rooms) (continued) Southern Nevada Hotel Facilities Outside the Las Vegas Valley (Minimum 200 Rooms) PROPERTY NAME CITY/PROPERTY Red Rock Casino Resort Spa Renaissance Las Vegas Hotel Rio All-Suite Hotel & Casino Riviera Hotel & Casino Sam's Town Hotel and Gambling Hall Santa Fe Station Hotel Casino Siena Suites Hotel The Signature at MGM Grand Silver Sevens Hotel & Casino Silverton Hotel and Casino Lodge South Point Hotel Casino & Spa Stratosphere Casino and Hotel Suncoast Hotel and Casino Sunset Station Hotel Casino Super 8 - Koval Texas Station Gambling Hall and Hotel THEhotel at Mandalay Bay Treasure Island - TI Hotel & Casino Tropicana Las Vegas Trump International Hotel Las Vegas Tuscany Suites & Casino Vdara Hotel & Spa The Venetian Resort Hotel Casino The Westin Lake Las Vegas Resort & Spa The Westin Las Vegas Hotel, Casino & Spa Wynn Las Vegas ROOMS 814 548 2,522 2,075 646 200 599 1,728 327 300 2,163 2,427 427 457 288 201 1,117 2,884 1,467 1,282 716 1,495 4,027 493 816 2,716 MEETING SPACE 100,000 20,000 160,000 150,000 30,000 12,855 300 3,837 11,000 170,000 17,000 25,000 13,000 665 42,250 18,000 72,000 6,400 40,000 10,000 510,008 45,000 25,000 200,000 Source: Las Vegas Convention and Visitors Authority as of December 31, 2013. ROOMS MEETING SPACE 1,907 1,164 1,404 1,053 300 1,505 400 1,001 1,495 30,000 17,509 27,407 38,648 8,622 7,000 28,000 14,340 471 213 716 70,000 6,300 1,900 1,241 300 624 779 31,280 3,168 20,901 8,000 Laughlin Aquarius Casino Resort Colorado Belle Casino Resort Don Laughlin's Riverside Resort Hotel & Casino Edgewater Casino Resort Golden Nugget Laughlin Harrah's Laughlin Pioneer Hotel & Gambling Hall River Palms Resort Casino Tropicana Laughlin Hotel and Casino Mesquite CasaBlanca Hotel - Casino - Golf - Spa Eureka Casino Resort Virgin River Hotel/Casino/Bingo Primm/Jean Buffalo Bill's Resort and Casino Gold Strike Hotel and Gambling Hall Primm Valley Resort and Casino Whiskey Pete's Hotel and Casino Source: Las Vegas Convention and Visitors Authority as of December 31, 2013. Located in the heart of the Fremont Street Experience are several hotel and casinos including the Fremont Hotel & Casino, the Four Queens Hotel & Casino, Binion’s Gambling Hall & Hotel, the Golden Nugget, the El Cortez Hotel & Casino, the Las Vegas Club Hotel & Casino and the D Las Vegas. The Fremont Street Experience features nightly entertainment and light shows. facilities tourism » facilities 10-tourism.indd 153 153 3/18/14 9:59 AM 2014 Las Vegas Perspective TOURISM Conventions Major Conventions 2014 DATE CONVENTION ATTENDANCE* JANUARY Jan 7-10 Jan 13-17 Jan 14-17 Jan 15-18 Jan 21-24 Jan 26-30 Jan 27-30 155,000 18,500 61,000 25,000 50,000 50,000 25,000 Mar 31-Apr 4 National Association of Home Builders (NAHB) National Kitchen & Bath Association MAGIC International 45,000 30,000 80,000 May 30-Jun 2 ATTENDANCE* Lightfair International International Communications Industries Association, Inc. (InfoComm) Knowella Technologies International Esthetics Cosmetics & Spa Conference (IECSC) International Beauty Show Las Vegas (IBS) American Library Association (ALA) 22,000 32,000 Cosmoprof North America International Market Centers, LP (IMC) 23,000 50,000 ASD Trade Shows 41,000 Cellular Telecommunications and Internet Association (CTIA) Interbike Expo Starlight Tattoo of Las Vegas, Inc. Global Gaming Expo (G2E) 40,000 National Association of Convenience Stores, Inc. (NACS) Solar Energy Trade Shows LLC Specialty Graphic Imaging Association 23,000 15,000 25,000 25,000 JULY Jul 13-15 Jul 27-31 AUGUST 125,000 41,000 31,000 International Security Conference (ISC) National Association of Broadcasters (NAB) Coverings 15,000 96,000 20,000 National Hardware Show (NHS) Hospitality Design Expo International Council of Shopping Centers (ICSC) JCK Show 30,000 19,000 30,000 Oct 21-23 Oct 22-24 37,500 Nov 4-7 Nov 21-23 13,000 MAY May 6-8 May 14-16 May 18-21 Jun 18-20 Jun 21-23 CONEXPO - CON/AGG ASD Trade Shows Nightclub and Bar Convention & Trade Show (NCB) Interop APRIL Apr 2-4 Apr 7-10 Apr 29-May 2 Jun 3-5 Jun 18-20 Jun 27-30 MARCH Mar 4-8 Mar 16-19 Mar 25-26 CONVENTION JUNE Consumer Electronics Association (CEA) Promotional Products Association International Shooting, Hunting & Outdoor Trade Show (SHOT) Adult Entertainment Expo (AEE - AVN) World of Concrete Exposition (WOC) International Market Centers, LP (IMC) Surfaces FEBRUARY Feb 4-6 Feb 4-6 Feb 18-20 DATE Aug 3-6 SEPTEMBER Sep 9-11 Sep 10-12 Sep 19-21 Sep 30-Oct 2 25,000 18,000 17,000 OCTOBER Oct 6-8 15,000 23,000 NOVEMBER Automotive Aftermarket Industry Week (AAIW) Live Design International (LDI) 140,000 15,000 conventions Source: Las Vegas Convention and Visitors Authority. *Attendance estimated. World of Concrete (WOC) is the industry’s only annual international event dedicated to the commercial concrete and masonry construction industries showcasing leading industry suppliers. WOC features innovative tools, construction machinery, construction equipment, safety training courses and technologies, and unlimited networking opportunities to give you new ways to sustain and grow your business. Photo by Darrin Bush. 154 10-tourism.indd 154 tourism » conventions 3/18/14 9:59 AM 2014 Las Vegas Perspective TOURISM Major Conventions 2015 DATE CONVENTION ATTENDANCE* JANUARY Jan 6-9 Jan 18-22 Jan 20-22 Jan 20-22 Jan 20-23 155,000 50,000 62,000 30,000 61,000 Mar 31-Apr 1 ATTENDANCE* National Hardware Show (NHS) International Council of Shopping Centers (ICSC) 35,000 30,000 Waste Expo International Esthetics Cosmetics & Spa Conference (IECSC) International Beauty Show Las Vegas (IBS) 16,000 25,000 International Market Centers, LP (IMC) 50,000 JUNE Jun 2-4 Jun 20-22 50,000 American Academy of Orthopaedic Surgeons (AAOS) Nightclub and Bar Convention & Trade Show (NCB) 33,000 Aug 2-6 31,000 SEPTEMBER AUGUST Sep 29-Oct 1 Global Gaming Expo (G2E) 17,000 International Sanitary Supply Association (ISSA) 15,000 American Academy of Ophthalmology (AAO) National Business Aviation Association, Inc. (NBAA) 25,000 32,000 Power-Gen International 27,000 OCTOBER APRIL Apr 13-16 Apr 15-17 May 5-7 May 17-20 World of Concrete Exposition (WOC) MARCH Mar 23-28 CONVENTION MAY Consumer Electronics Association (CEA) International Market Centers, LP (IMC) National Association of Home Builders (NAHB) National Kitchen & Bath Association Shooting, Hunting & Outdoor Trade Show (SHOT) FEBRUARY Feb 3-6 DATE National Association of Broadcasters (NAB) International Security Conference (ISC) 96,000 15,000 Oct 21-23 NOVEMBER Nov 14-17 Nov 17-19 DECEMBER Dec 8-10 Major Conventions 2016 CONVENTION Jan 7-10 Jan 17-21 Jan 19-21 Feb 2-5 Feb 29-Mar 4 Consumer Electronics Association (CEA) International Market Centers, LP (IMC) National Kitchen & Bath Association World of Concrete Exposition (WOC) Healthcare Information & Management Systems Society (HIMSS) Nightclub and Bar Convention & Trade Show (NCB) National Automobile Dealers Association (NADA) National Hardware Show (NHS) International Council of Shopping Centers (ICSC) International Market Centers, LP (IMC) Orgill, Inc. International Baking Industry Expo (IBIE) Mar 8-9 Apr 2-4 May 3-5 May 22-25 Jul 31-Aug 4 Aug 25-27 Oct 8-11 ATTENDANCE* 155,000 50,000 30,000 50,000 30,000 31,000 30,000 35,000 30,000 50,000 32,000 35,000 conventions DATE Source: Las Vegas Convention and Visitors Authority. *Attendance estimated. The National Hardware Show in the Las Vegas Convention Center is the place to source every product related to hardware, home improvement, lawn, garden and outdoor living and more. tourism » conventions 10-tourism.indd 155 155 3/18/14 9:59 AM 2014 Las Vegas Perspective TOURISM Locals Gaming Market Monthly Gaming Budget None Under $25 $25 to $50 $51 to $100 $101 to $150 $151 to $200 $201 to $250 $251 to $300 $301 to $400 $401 to $500 Over $500 71.3% 9.5% 6.9% 3.6% 1.8% 2.0% 1.2% 0.6% 1.2% 0.2% 1.6% Purpose of Casino Visits (Last 30 Days) Movie 32.1% Dining 23.1% Show How often do you visit a casino (for any activity)? Daily None Weekly 11.3% Under $25 9 $25 to $50 6.9 $51 to $100 3.6% 17.3% Monthly Gaming 3.8% On averag do you personally bu 22.5% 13.0% Community Event 11.4% Sports Event 3.1% Rarely Never 46.9% 15.5% More than $100 32.1% 23.1% 17.3% 13.0% 11.4% 3.1% locals gaming market Movie Dining Show Gaming Community Event Sports Event Other than for work, have you ‘visited’ a casino within the last 30 days for: An aerial construction view of The Shops at Summerlin, the first segment of the future “Downtown Summerlin,” located in the heart of Summerlin’s 22,500 acre master planned community. 156 10-tourism.indd 156 tourism » locals gaming market 3/18/14 9:59 AM 8 2014 Las Vegas Perspective TOURISM Construction Recap 2013 Resorts & Attractions Construction Recap NAME OF PROPERTY LOCATION CONVENTION SPACE (SQ FT) HOTEL / MOTEL ROOMS 10,200 2,490 40,000 -199 181 127 -160 -162 -409 -64 28 -66 -20 -37 629 -13 - - - - - Hotel/Motel Resorts Bill's Gamblin' Hall & Saloon Nobu Hotel (rebrand of Caesars Centurion Tower) Tropicana Las Vegas Luxor Hotel and Casino Desert Tides Hotel & Condo Resort Gold Coast Hotel and Casino The Four Seasons Gold Spike Hotel & Casino Las Vegas Club Hotel & Casino Rio All-Suite Hotel & Casino John E. Carson Hotel Oasis Motel Bally's Las Vegas Red Rock Casino Resort Spa Mandalay Bay Resort & Casino Palms Casino Resort Silver Sevens Hotel & Casino (rebrand of Terrible’s Hotel and Casino) Alicia Motel Gables Motel Travelers Motel Tropicana Las Vegas Artisan Hotel Boutique The Mirage Hotel & Casino Orleans Hotel and Casino The Quad Resort & Casino The Resort on Mount Charleston Hotel Riviera Royal House Marriott Las Vegas Downtown Grand (formerly Lady Luck site) Rangler Motel The Cosmopolitan of Las Vegas 3595 Las Vegas Blvd., S. 3570 Las Vegas Blvd., S. 3801 Las Vegas Blvd., S. 3900 Las Vegas Blvd., S. 4200 S. Valley View Blvd. 4000 W. Flamingo Rd. 3960 Las Vegas Blvd., S. 217 Las Vegas Blvd., N. 18 E. Fremont St. 3700 W. Flamingo Rd. 124 S. 6th St. 1731 Las Vegas Blvd., S. 3645 Las Vegas Blvd., S. 11011 W. Charleston Blvd. 3950 Las Vegas Blvd., S. 4321 W. Flamingo Ave. 4100 Paradise Rd. 1200 Fremont St. 1301 E. Fremont St. 1100 E. Fremont St. 3801 Las Vegas Blvd., S. 1501 W. Sahara Ave. 3400 Las Vegas Blvd., S. 4500 W. Tropicana Ave. 3535 Las Vegas Blvd., S. 2275 Kyle Canyon Rd. 2901 Las Vegas Blvd., S. 99 Convention Center Dr. 325 Convention Center Dr. 206 N. 3rd Ave. 1605 Fremont St. 3708 Las Vegas Blvd., S. Other Destination Amenities DISCOVERY Children's Museum (formerly Lied Discovery Children’s Museum) construction recap Wet 'n' Wild Las Vegas Convention Center Container Park Galleria at Sunset Shelby American Museum and Gift Shop The LINQ (Phase 1) Sands Expo Convention Center Donald W Reynolds Discovery Center (Symphony Park) 7055 S. Fort Apache Rd. 3150 Paradise Rd. 707 E. Fremont St. 1300 W. Sunset Rd. 6405 Ensworth St. 3545 Las Vegas Blvd., S. 201 Sands Ave. Source: Las Vegas Convention and Visitors Authority. Note: The above recap reflects significant room closures, expansions and additions to the room inventory. Small adjustments to individual property room counts may not be reflected. This is not a comprehensive list of all resort and attraction development during the period. tourism » construction recap 10-tourism.indd 157 157 3/18/14 9:59 AM 2014 Las Vegas Perspective TOURISM Initiated and Proposed Projects NAME OF PROPERTY CHANGES AND/OR CONVENTION NEW AMENITIES SPACE (SQ.FT.) LOCATION COMPLETION DATE HOTEL/MOTEL RESORTS Marriott Las Vegas Convention Center South Point Hotel Casino & Spa Bowling Center 325 Convention Center Dr. 9777 Las Vegas Blvd., S. The Grandview at Las Vegas tower 5 Circus Circus Hotel, Casino and Theme Park 9940 Las Vegas Blvd., S. 2880 Las Vegas Blvd., S. The Cromwell (rebrand of Bill’s Gamblin’ Hall & Saloon) 3595 Las Vegas Blvd., S. Marriott Grand Chateau Hampton Inn & Suites Hoover Dam Lodge (rebrand of Hacienda Hotel & Casino) SLS Las Vegas (rebrand of Sahara Hotel) Delano Las Vegas (rebrand of THEhotel @ Mandalay Bay) Wyndham Desert Blue TOTAL OTHER DESTINATION AMENITIES The LINQ (Phase 2) 75 E. Harmon SEC Sunset Rd. & Grier Dr. US Highway 93 Jan 2014 Room Remodel Feb 2014 Casino Floor Renovation and Room Upgrade Mar 1, 2014 Final Phase of Project Spring 2014 Remodel of west valet/ 5 acre waterpark May 21, 2014 Rebrand/Renovate Rooms, Casino & New Nightclub Attraction July 2014 Expansion Mid 2014 New Property Mid 2014 Remodel & Rebrand 2535 Las Vegas Blvd., S. 3950 Las Vegas Blvd., S. Aug 29-Sep 1 Fall 2014 ROOMS TIMESHARE HOTEL/MOTEL 2014 initiated and proposed projects The LINQ (High Roller) New York-New York/Monte Carlo Entertainment District Cowabunga Bay Las Vegas SlotZilla Zipline South Point Hotel Casino & Spa Bowling Center 3200 W. Twain Ave. 3545 Las Vegas Blvd., S. 3545 Las Vegas Blvd., S. 3770-3790 Las Vegas Blvd., S. Fall 2014 Feb 28, 2014 Spring 2014 Spring 2014 900 Galleria Dr. 425 Fremont St. 9777 Las Vegas Blvd., S. May 24, 2014 Apr 2014 Jul 2014 Treasure Island - TI Hotel & Casino (Phase 1) (Entertainment Retail Venue) Sahara Center The Grand Bazaar Shops (Bally's) 3300 Las Vegas Blvd., S. Nov 2014 10000 W. Sahara Ave. 3645 Las Vegas Blvd., S. Fall 2014 Fall 2014 M&M's World The Ferguson's Downtown (working title) 3785 Las Vegas Blvd., S. 1028 E. Fremont St. Fall 2014 Fall 2014 Plaza Hotel & Casino (Hockey Rink-Name TBD) 1 Main St. Oct 2014 Shops at Summerlin Charleston Blvd. & 215 Beltway Dec 2014 158 10-tourism.indd 158 Remodel & Rebrand Renovate, Redesign & Rename New Property Retail, Dining and Entertainment District New Attraction Entertainment District Shopping and Dining New Water Park Attraction New Zipline Attraction Priefert Pavilion & Bowling Facility Expansion Entertainment Retail Venue Retail Center Outdoor Shopping Mall New Retail/Dining Remodel Two Bars, Tavern w/Food, Coffee Shop & Retail 45,000 sq.ft. Hockey Rink 3,500 Seats Retail Shopping Mall - - - - 400 - - - - 188 4,000 - 223 - 145 - 40,000 - - 1,622 - 44,000 281 904 1,955 - - - - - - - - - - - - - - - - - - - - - - - - tourism » initiated and proposed projects 3/18/14 9:59 AM 2014 Las Vegas Perspective TOURISM NAME OF PROPERTY LOCATION ROOMS CHANGES AND / OR NEW AMENITIES HOTEL / MOTEL COMPLETION DATE 2015 HOTEL/MOTEL RESORTS Residence Inn Marriott (Southwest) Best Western Plus Casino Royale TOTAL OTHER DESTINATION AMENITIES New York-New York/Monte Carlo Park World Market Center Spring Mountains Gateway Visitor Center Tivoli Village (Phase 2) Henderson Space and Science Center Las Vegas Premium Outlets - North Reed Whipple Cultural Center The Shops at the Tropicana Las Vegas Las Vegas Renaissance Mall Sunset & 215 3411 Las Vegas Blvd., S. 2015 2015 New Property New Denny's & Walgreens 22,000 sq.ft./Two-Story 134 134 3770-3790 Las Vegas Blvd., S. 455 S. Grand Central Pkwy. Mount Charleston Kyle Canyon Rd. 440 S. Rampart Blvd. US 95 & Galleria Dr. (Henderson) 875 S. Grand Central Pkwy. 821 Las Vegas Blvd., N. 3801 Las Vegas Blvd., S. Across the street from Tivoli Village Spring 2015 Spring 2015 Spring 2015 Spring 2015 Mid 2015 Mid 2015 Sep 2015 Fall 2015 Fall 2015 Park w/Dining & Performance Space Repurpose-Bldg C (Gift & Home Décor) Visitor Center 4,300 sq.ft. Retail Expansion 300,000 sq.ft. Space & Science Center Expansion - 25 stores/150,000 sq.ft. Renovate, Expansion Art Gallery & Dining New Enclosed Mall Shops/Dining/Retail Enclosed Mall 700,000 sq.ft. & Pedestrian Walkway - 3000 Las Vegas Blvd., S. Spring 2016 New Property Phase One 3,500 2016 2016 New Property New Property 100 87 3,687 Spring 2016 Spring 2016 Renovation 20,000-Seat Indoor Arena - 2016 HOTEL/MOTEL RESORTS Resorts World Las Vegas (The Genting Group) (former Stardust Resort and Casino site) Residence Inn Marriott (Henderson) Fairfield Marriott (NW) TOTAL OTHER DESTINATION AMENITIES Thomas & Mack Center MGM Resorts International Arena (AEG) St. Rose Pkwy. & Maryland Pkwy. I-95 & Skypoint (Ann Rd.) Source: Las Vegas Convention and Visitors Authority. Note: The above recap reflects significant room closures, expansions and additions to the room inventory. Small adjustments to individual property room counts may not be reflected. This is not a comprehensive list of all resort and attraction development during the period. The High Roller observation wheel is the focal point of The LINQ, an open-air retail, dining and entertainment district. The High Roller tops out at 550 feet making it the largest observation wheel in the world and features 28 spherical cabins that will each hold 40 guests. The wheel ride will take approximately 30 minutes to make one full revolution, a rate of one foot per second and will be lit with more than 2,000 LED lights. Photo courtesy of Las Vegas News Bureau. tourism » initiated and proposed projects | trends and opinions 10-tourism.indd 159 initiated and proposed projects | trends and opinions 4505 S. Maryland Pkwy. West of the Strip between NY-NY & Monte Carlo 159 3/18/14 9:59 AM