Las Vegas Tourism Declined 7.4% in 2025 [Yahoo! Finance]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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Source: Yahoo! Finance
The report, from the Las Vegas Convention and Visitors Authority (LVCVA), shows over 35.4 million people visited the city in the first 11 months of the year, a year-on-year drop of nearly 7.4%. Visitor volumes slumped by more than 7% throughout 2025, according to figures posted by the LVCVA. The figures highlight a major drop in international travel, with affordability also impacting the tourism sector. Despite declines, gaming and tourism executives say long-term demand remains strong in Las Vegas. According to The Center Square , the slowdown comes after a period of recovery that saw the city bounce back from a low of just 19 million visitors in 2020. Based on current monthly averages, 2025 is expected to close at roughly 38.6 million visitors, reversing that upward trend. The decline has also affected hotel performance. Average daily room rates fell 5% year-over-year, while revenue per available room dropped 8.5%. The LVCVA cited a sharp fall in international travel as
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MGM
Earnings
- 10/29/25 - Miss
MGM
Sec Filings
- 1/16/26 - Form 8-K
- 1/5/26 - Form 3
- 1/5/26 - Form 4
- MGM's page on the SEC website