Updated
Updated · Fox News · Jul 8
Las Vegas Visits Fall 7.5% to 38.5 Million as Luxury Push Prices Out Everyday Travelers
Updated
Updated · Fox News · Jul 8

Las Vegas Visits Fall 7.5% to 38.5 Million as Luxury Push Prices Out Everyday Travelers

1 articles · Updated · Fox News · Jul 8

Summary

  • 38.5 million people visited Las Vegas in 2025, down 7.5% from 2024, as the city’s shift toward upscale hotels, dining and events made trips harder to justify for budget travelers.
  • 44% of 2025 visitors earned $150,000 or more, showing how the city is courting wealthier guests while room rates, restaurant tabs and add-on fees climb across the Strip.
  • 33.5% of Strip casino revenue came from hotel rooms in 2025 versus 26.1% from gaming, underscoring how resorts now rely more on premium lodging and entertainment than gambling alone.
  • Luxury pricing has become highly visible, from a $26 minibar water bottle to $525 tasting menus, $1,000 chef-table dinners and Grand Prix hospitality packages starting at $10,902.
  • Las Vegas still offers cheaper options, but the city is increasingly operating as a tiered destination after years of record spending, including $55.1 billion in direct visitor spending in 2024.

Insights

Is the city's high-stakes bet on luxury a sustainable future or a bubble that is waiting to burst?
As Las Vegas courts the ultra-rich, can its essential service workers still afford to call the city home?