Without the extra day, visitor volume would have fallen slightly compared to last year. Another sign of the softening economy was a decrease in visitors driving in from California. In-bound traffic volume at the Nevada-California border was down 9% in February. Passenger traffic through McCarran International Airport was up 3%.
Hotel occupancy levels also fell in February, dipping to 92.7% from 94% in the same month one year earlier. Convention attendance was up 15.8% to 894,000 people, while the number of conventions fell 14.6% to 2,031.
With regard to gaming revenue, Strip casinos took in $556.6 million, down 3.1% from February 2007. Downtown casino revenues stood still at around $50 million. Casino revenue in Boulder fell 14% to $62.3 million.
Year-to-date, visitor volume (6.24 million) is up 1.2%, hotel occupancy (90.6%) is down 150 basis points, gaming revenue ($1.8 billion) is down 4%, California car traffic (33,628) is down 6.8% and airport passenger traffic (7.15 million) is up 0.2%.
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