Note: I like using Las Vegas as a measure of recovery for both leisure (visitors) and business (conventions).
From the Las Vegas Visitor Authority: May 2023 Las Vegas Visitor Statistics
Supported by strong demand along with multiple weekend music festivals including the
Lovers & Friends festival, Sick New World festival and the recurring Electric Daisy
Carnival (EDC) event, Las Vegas hosted approx. 3.5M visitors, 1.5% ahead of last May.
Overall hotel occupancy reached 84.4% for the month (+1.8 pts YoY). Weekend
occupancy was healthy at 93.2%, +1.3 pts YoY, and Midweek occupancy approached
81%, surpassing last May by 2.0 pts.
The first graph shows visitor traffic for 2019 (Black), 2020 (light blue), 2021 (purple), 2022 (orange), and 2023 (red).
Visitor traffic was down 5.2% compared to the same month in 2019.
Convention traffic was down 12.8% compared to May 2019, and up 16.1% compared to May 2022.
Note: There was almost no convention traffic from April 2020 through May 2021.