Tourism, the bread and butter of Nevada, is not exactly booming lately. Visitation is way down, shows are difficult to stage, and conventions are not allowed. The pandemic has already radically altered the Strip experience.
Curtis said at some places customers get a stern warning if they don't immediately put their mask up after taking a drink, while other places don't say much. In addition, he added, the usual energy of a Strip resort filled with people ready to have a good time is gone because of the lack of crowds. Mike PeQueen, a managing director and partner of Hightower Advisors, a financial services company that focuses on local gaming companies, said the resorts performing to their capabilities under unprecedented circumstances.
PeQueen said Las Vegas' problem isn't the mask and social distancing restrictions that are in place to stop the spread of the coronavirus — it's that only a small number of people are willing to get on an airplane and fly here. Curtis agreed. He said many of his readers say they want to come to Las Vegas, but they don't want to get on an airplane right now.
PeQueen said Wall Street is not expecting Las Vegas resorts to make money this year, but keeping the doors open is important. Even though Gov. Steve Sisolak has asked people to stay home, he doesn't expect another large scale lockdown of the city will happen. He also doesn't think the news about Sheldon Adelson selling his Las Vegas casinos should be seen as a commentary on the future of the city and the Strip. The properties making the most money for the company are in Asia.
He said it may be that Adelson wants to focus more on those resorts. News How to reach us S. Torrey Pines Dr. On News On Classical Wait Wait Don't Tell Me! Member Benefits Planned Giving Volunteer. Search Enter your keywords. Listen News Classical Podcasts view all. Listen Download. Sep 15, by :. Mike Prevatt. Josh Swissman is also concerned. He's a founding partner of the Strategy Organization, a tourism consulting firm.
However, his bigger concern is that large conventions won't reemerge anytime soon because they take a long time to design, organize and execute. Despite his concerns, Swissman believes large-scale events like the National Finals Rodeo, Electric Daisy Carnival and others will come roaring back when they're able to. The biggest turning point for the entire travel sector, from couples looking for a getaway to large conventions drawing in thousands of business people, is likely a vaccine.
PeQueen agreed. He noted there is never a silver bullet for any problem, but a vaccine is about as close to one for this problem as we can get.
However, PeQueen added that one of the biggest hurdles will be getting people to accept the vaccine. The reason for that turnaround, Lang explained, is that Las Vegas is the ultimate "third place.
Now that those two are the same thing in many instances, Lang expects more people to look for that third place to go - when they can. Work is down, meaning office space is down. Some forms of retail are down, and then, third places are way up. He is also more bullish about conventions because so many people have been working remotely for so many months that companies will want to get their workforce together. Swissman said a recent survey he conducted found 50 percent of respondents would be happy to come to Las Vegas right now and adjust some of their regular activities like wearing a mask and social distancing.
Another 25 percent said they would be happy to return after a vaccine and another 12 percent would be happy to return 12 months after a vaccine. Glen Card October 18, 27 years old View obituary. Donna Anne Knobbe October 23, 75 years old View obituary. Alan Robert Weiner October 21, View obituary.
Jim Allen Murray October 23, 61 years old View obituary. Michael Kenneth Webster October 23, 18 years old View obituary. Violet Weaver October 16, 89 years old View obituary.
Samuel R Sugerman October 16, 91 years old View obituary. Nancy Dawn Hubert September 10, 63 years old View obituary. Leroy Curry October 20, 64 years old View obituary. Armon Smith October 20, 55 years old View obituary. Relda White Grady October 18, 87 years old View obituary. Theresa Jean Meyer October 20, 65 years old View obituary. Frank L. Nargie Jr. October 20, 78 years old View obituary. Charles Bounyavong October 21, 83 years old View obituary.
Warrick L Pike October 16, 75 years old View obituary.
0コメント