Overview

• Visitor volume fell 6.5% year-over-year in May, marking the fifth consecutive month of decline.
• The Conference Board’s Consumer Confidence Index dipped 5.4 points in June and U.S. consumer spending slipped 0.1% in May.
• Arrivals from Canada are down about 15% this year, exacerbating the international traffic slump.
• Nevada gaming revenue dropped 2.1% in May and average hotel occupancy declined to 83%, underscoring weakened leisure demand.
• Convention attendance rose 10.7% in May, lifting midweek occupancy to 79.3%, alongside deep summer discount packages aimed at budget-conscious visitors.