submitted by LVCVA
This week, May 7 – 13, is National Travel and Tourism Week (NTTW). Organized by the U.S. Travel Association and celebrating its 40th anniversary this year, NTTW is an opportunity to recognize the positive impacts travel and tourism make in our communities. It’s also a chance to thank our nearly 230,000 local hospitality workers who go above and beyond to ensure our 39 million annual visitors have an unforgettable Las Vegas experience.
To Honor the Occasion
To honor the occasion, Gov. Joe Lombardo declared it National Travel & Tourism Week in Nevada this week with a proclamation recognizing the significant impact of tourism on Nevada’s economy, development, and workforce.
The Las Vegas Convention and Visitors Authority (LVCVA) celebrated NTTW with a full-page ad thanking resort and destination employees who work tirelessly to make Las Vegas the most exciting destination on earth. The print ad will run Thursday, May 11 in the Las Vegas Review-Journal. Additionally, a :15 second radio spot will run throughout the week on both local English and Spanish stations.
WHY TOURISM MATTERS
Tourism powers our Southern Nevada economy. From resorts that invest in developing and maintaining one-of-a-kind venues and experiences to our visitors who stay in our 150,000 hotel rooms, dine, shop and play while in Las Vegas, tourism helps Southern Nevada’s economy thrive. Visitor spending last year hit an all-time high of $44.9 billion, far exceeding pre-pandemic levels. That spending ripples through our economy to thousands of local suppliers and vendors, and by hospitality workers spending their income on goods and services in our community.
Tourism creates jobs. Southern Nevada’s tourism industry remained the largest regional employer in 2022. Tourism accounted for more than 358,000 jobs when considering hospitality jobs and jobs indirectly associated with the industry, such as suppliers and vendors. This represents a 21 percent increase from the prior year.
Tourism fuels our national economy. Travel spending generated nearly $160 billion in federal, state, and local taxes in the U.S. in 2022. This revenue helped fund critical public services while saving each U.S. household an average of $1,270 in taxes.
Tourism strengthens our community. Our resort industry prioritizes corporate responsibility and sustainability year around and supports the missions of local charitable organizations through donations and partnerships. To conserve water, resorts have implemented sophisticated water management systems and made changes to landscaping measures while others have developed offsite solar arrays as part of their energy conservation plans.
Resort properties and tourism-driven organizations also partner with charities such as Three Square to donate unused food to food insecure individuals and families. Many trade shows choose Las Vegas because they share our values of community responsibility and engagement.
A stellar lineup of new tourism offerings and events this year and beyond, combined with the city’s outstanding hospitality and service, will continue to drive visitors to Las Vegas. Investments such as Fontainebleau, Durango Station and MSG Sphere together with Formula 1’s inaugural Las Vegas Grand Prix and Super Bowl LVIII will help keep tourism, and our community, strong.
The Las Vegas Convention and Visitors Authority (LVCVA) is charged with marketing Southern Nevada as a tourism and convention destination worldwide and with operating the 4.6 million square-foot Las Vegas Convention Center (LVCC). With nearly 150,000 hotel rooms and 14 million square feet of meeting and exhibit space in Las Vegas alone, the LVCVA’s mission centers on attracting leisure and business visitors to the area.
The LVCVA also owns the Las Vegas Convention Center Loop designed and operated by The Boring Company and also owns the Las Vegas Monorail, an elevated 3.9-mile system with seven stops throughout the resort corridor.