In The News: William F. Harrah College of Hospitality
Portland is known for a lot of things: its long rainy seasons, its history of keeping things weird and its vintage-clad hipsters. One thing finance website WalletHub says it should be known for is its fun.
Everyone’s personal brand of fun is different. Some people like trying new restaurants, traveling, going to bars and clubs or playing outdoor sports. Others enjoy riding roller coasters, going to the movies, or playing video games. But having fun can be expensive – the Bureau of Labor Statistics reports that the average American spends over $3,500 on entertainment per year.
Las Vegas has seen almost two years of monthly gaming revenue records, previously unseen numbers at Reid International Airport, and if you walk into a casino right now? It’s wall-to-wall people almost every night of the week.
Black Friday shoppers hit malls across the country looking for good deals on things like clothes, toys and appliances.
It’s the holiday season, yet Americans are feeling a little less generous. With inflation near record highs, cash-strapped consumers have started to tip less — especially when it comes to fast casual dining and carryout.
Town Square got Clark County approval to proceed with plans for a hotel on the mall’s property south of the Las Vegas Strip.
Shoppers and stores are gearing up for Black Friday but what can we expect with record inflation this year? The National Retail Federation says despite inflation, a record 166 million shoppers will be buying during the Thanksgiving weekend between Black Friday and Cyber Monday. Small businesses say after difficult years during the pandemic, each and every sale is important.
Inflation will impact holiday spending this year, but that doesn’t mean Las Vegas isn’t making money.
The NCAA announced on Tuesday that Las Vegas is set to host the Division 1 Men’s Final Four tournament for the first time ever.
Almost everything is more expensive these days: Gas prices have reached record highs. Grocery prices are through the roof. And as we approach the holiday season, all that inflation leaves little money for extras like entertainment, travel, or shopping — or does it?
September had the highest ADR on record at $187.18, according to statistics from the Las Vegas Convention and Visitors Authority. The previous highest monthly rate was $176.97 in April this year, when the city hosted the NFL Draft. The third- and fourth-highest months were May 2022 ($175.76) and October 2021 ($173.68), respectively.
Las Vegas has become a hub for experiential entertainment and dining. So naturally, UNLV has begun teaching its students about it.