Hotel room tax collections are at record levels in Las Vegas, and that’s good news according to the Las Vegas Convention and Visitors Authority. With room rates that are well above average, occupancy rates at near record levels and more rooms online, tax collections are up despite Las Vegas visitation levels being below 2016’s record pace. Six out of 8 months of collections in 2019 have been hitting record levels. Since October, room tax collections are up 4.4% to $244.1 million. February collections were up 11.7% and November up 10.1% from their previous years levels.
The LVCVA is predicting record visitation in 2020 with new amenities set to open, including Allegiant Stadium and a convention calendar that will include 2 of the largest non-annual shows coming to Las Vegas.