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Thread: Moving to LAS
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Old Jun 14, 2008 | 10:26 pm
  #17  
RoboBR
 
Join Date: Jan 2004
Location: LAS
Posts: 220
Originally Posted by thebat
I've got to wonder what LV's future is with the airlines having so much trouble. I don't think Las Vegas will continue to thrive without the huge tourist influx. I hope I'm wrong but I think LV's on the downward part of the cycle and may not be back for years.

While domestic visitors are slightly off from previous years international tourists are more than making up for it. There are quite a few flights from the UK and Europe on a weekly basis. VS and Condor fly here almost daily. Thomas Cook usually has a couple of Charters from Man on a weekly basis as well. The property I work for consistantly has an occupancy rate in the mid 90's. There is still a very steady stream of cars that fills I-15 from Southern CA on the weekends.


Builders here are actually starting to increase the number of new homes they are building. Especially in the aera that I live in. For the past few months only 2 or 3 new homes were being built in my community. This month that number increased to 7 and next month they are planning on 9. And yes, all the recently built homes are occupied. While it is true that sales of existing homes are awfull it seems those that are buying are buying new.

So, I don't think it is all that bad. As I walk through the casino before and after work there are still lots of folks playing. Maybe not as many as there was a year ago but still pretty busy.
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