The numbers in Vegas keep falling.
The latest report from the Las Vegas Convention and Visitors Authority show visitor volume, room rates, hotel occupancy and gaming revenue continued to fall in April. The only number on the rise was room inventory, which increased 2.6%.
In April, visitor volume was down 1.5% and the hotel occupancy rate dropped 3.8%, to 90%. For the first four months of the year, visitor volume was down 0.1%, while hotel occupancy was down 1.7%.
Room rates were down 7.4% in April, to $135.67. For the first four months of 2008, rates declined 4%, to $132.74.
Gaming revenue also has been down all year, dropping 1.3% on the Strip in April and 2.6% for the first four months of the year.