HVS Las Vegas Casino and Hotel Market Outlook 2022
HVS Las Vegas Casino and Hotel Market Outlook 2022
Shannon S. Okada | March 7, 2022
By Shannon Okada The number of visitors to Las Vegas exceeded 32.2 million in 2021, which was 10.7 million below the peak number of visitors in 2016. However, gaming revenue in Clark County in 2021 was $11.5 billion, which was approximately $600 million above the prior peak achieved in 2007. Occupied rooms in Las Vegas grew 70.7% in 2021, compared to 2020, from 21.2 million to 36.2 million; total occupancy for the year was 66.8%. Although the number of occupied rooms in 2021 was still 25.1% below that of 2019, ADR for the market in 2021 was a record-setting $137, and total RevPAR was $92. The impact of the COVID-19 pandemic on th...
Hotelogix Partners With eRevMax to Help Hotels With Distribution Effort
Hotelogix | June 5, 2019
Hotelogix, a leader in cloud-based Property Management Systems has announced the integration of its PMS with eRevMax's channel manager solution - RateTiger. Through this two-way integration, both the hospitality technology solutions providers aim to help hotels across the globe with an automatic and real-time flow of rates, availability and reservations between their Hotel PMS and connected sales channels. Speaking on this strategic alliance, Prabhash Bhatnagar, Founder of Hotelogix said, "By connecting our Hotel PMS with RateTiger, eRevMax's widely used and highly trusted channel manager solution, we aim to empower hotels with a well-stra...
