24 June 2008

Las Vegas drops traffic again

Sin City is not so attractive it would seem in these hard economic times.

Total traffic (visitor count for April was down 1.5%. OK bad enough - but Gaming revenues are down nearly 5%. Gaming taxes collected as Nevada state revenue were down 3.5% in April, marking the seventh month of the past 11 months that gaming tax revenue declined.

Air Traffic is way down at higher than 5%. Why? US Airways has dismantled their late night hub formerly the America West midnight flyer hub. So US airways total traffic was down more than 28%. All the other players (except traditional contrarian Southwest)

So the US market continues its downward spiral. Sad....

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