According to a new report by Las Vegas tourism board, tourists have been spending more money on their trips to Sin City.
The visitor profile study issued by the Las Vegas Convention and Visitors Authority this month has shown that the average spending increased in 2015 in areas such as lodging, dining, transportation, and entertainment. Records have also shown that the visitors’ stays have increased to an average 4.4 days compared to the 4.2 average in 2014.
This information was concluded through a survey polled at several casino hotels throughout the year, taken by a total of 3,600 random visiting tourists. Executive director of the tourism board’s research centre, Kevin Bagger, believes that the increase in expenses is a sign of tourists willingly spending more money for a better experience, as opposed to the overall costs for these expenses rising. The majority of the survey participants reported their trip as being “very” or “somewhat” satisfactory.
The largest leap in spending was notably on shows, spending an average of $61.95 on performances including comedians, headliners, and lounge acts. This amounted to a whopping 30% increase compared to the $47.56 they were spending in 2014. The overall percentage of visitors who attended such shows, however, fell to 61%, compared to 2014’s 65%.
A significant increase was also noted in the average cost of lodging, with visitors reportedly spending $102.64 per night, going up by almost 19% from the previous year. This figure did not include rooms that were bought though vacation packages or complimentary offers from the hotels. The price of vacation packages also went up by about 5% to $857.43.
Among the reported categories, the only noted descent in expenses was that of the shopping category. The average tourist spent $122.66 on shopping per trip, declining by 18% from the year before. This drop marks a five-year low for the shopping category, while the other categories such as hotels, dining, local transportation, shows and sightseeing have all hit a five-year high in 2015.
Keeping the recent strength of the U.S. dollar in mind, Bagger said he attributes the shopping dip to a 3% decline in international tourists, who tend to shop more on their Las Vegas trips than locals.
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