A new report delivered to the Las Vegas Convention and Visitors Authority (LVCVA) examining local tourism says 42.9 million people visited Southern Nevada last year, spending $35.5 billion. That’s 16.3 percent more than in 2015 when spending totaled $30.5 billion. On a per person basis, Las Vegas visitors spent an average of $827, up from $721 in 2015.
Convention attendees made up 14.7 percent of all visitors to Southern Nevada last year, up 7.1 percent from 2015.
Despite encouraging numbers, the report warns that the local economy, still lacks business diversity, but notes tourism is growing so quickly the influx of other new business enterprises seems weak in comparison.
The report was authored by economic analyst Jeremy Aguero and presented to the LVCVA this week.