Overview

• LVCVA figures show a June downturn with 13% fewer international travelers and citywide occupancy off about 15% year over year.
• Canadian carriers reported steep June drops on Las Vegas routes, including Air Canada down 33%, WestJet down 31% and Flair down 62%.
• Mayor Shelley Berkley said Canadian travel has dwindled to a drip and union leader Ted Pappageorge labeled the downturn a “Trump slump” tied to tariffs and stricter immigration enforcement.
• Some operators report resilience in gaming, especially sports betting, as Circa’s CEO notes stronger high-end play and new lower-priced packages to bolster bookings.
• Local stress signals are emerging, with Clark County mortgage default filings up nearly one-third in the first half, evictions rising, and state GDP down in the first quarter, according to recent datasets.