
On January 30th, Wynn Las Vegas held one of the industry’s biggest events, the 2026 edition of Preview Las Vegas. The business gathering brought together more than 1,500 leading companies and keynote speakers. A central focus of the meeting was the latest findings from the local Convention and Visitors Authority (LVCVA).
As indicated in the regulatory body’s report, attendance volume at the amusement venue fell by 7.5% YoY to 38.5 million. Moreover, the number of travellers has been decreasing for 12 consecutive months, while the average hotel occupancy rate for 2025 slipped by 3.3% to 80.3%.
Although the statistics are inauspicious, industry leaders remain confident in Las Vegas’s long-term prospects for stable growth, pointing to strong backing from both the public and the business community.
Let us delve into the main views on this topic:
Industry specialists emphasise that the local sector has faced comparable downturns multiple times, underscoring their cyclical character. For 2026, a packed schedule of niche conferences, conventions, and other high-profile events is expected to help stabilise performance and drive improvement. Leading market participants project that these initiatives will play a substantial role in supporting tourism recovery and reinforcing the city’s economic momentum.
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