1. LAS VEGAS UPS ITS GAME.
- Author
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SHAPIRO, MICHAEL J.
- Subjects
HOTEL rates ,SPORTS events ,HOCKEY teams ,SPORTS spectators ,GAMES ,CONVENTION facilities - Abstract
Las Vegas has seen a surge in revenue and popularity as a result of hosting major international sporting events. The city broke revenue records in 2023, with the inaugural Las Vegas Grand Prix alone generating $1.2 billion in economic impact. The success of these events has not diminished Las Vegas as a convention destination; in fact, it has enhanced its appeal by creating a critical mass of capacity and infrastructure that is available throughout the year for meetings and trade shows. Additionally, the city's sports-friendly infrastructure, including venues like Allegiant Stadium and T-Mobile Arena, offers event spaces for private gatherings and receptions. Las Vegas is also undergoing significant redevelopment projects, such as the $1.5 billion renovation of the Venetian Resort and the opening of the Fontainebleau Las Vegas, which further contribute to its appeal as a destination for groups and events. [Extracted from the article]
- Published
- 2024