Las Vegas Visitor Numbers Show a Sharp Decline in 2025

by Roy Brindley, 17 February 2026

Las Vegas’ gaming revenue rose in 2025 despite a significant drop in its visitor numbers.

Las’ Vegas average daily room rate fell by five% to $183.52 in 2025. © Getty Images

Key Facts:

• Las Vegas tourism fell by 7.5% in 2025.
• December saw a 9.2% decline in visitors compared to 2024.
• 2025 Las Vegas gambling revenues hold up despite fewer tourists.
• Executives are optimistic about 2026, pointing to a World Cup and a 250th anniversary boost.

Economic uncertainty, evolving policy conditions, and ongoing international travel considerations have been blamed for figures released recently showing Las Vegas tourism fell by 7.5% in 2025 compared to the previous year.

Research by the Las Vegas Convention and Visitors Authority shows that December was a particularly tough month for Nevada’s gambling mecca. A 3.1 million year-on-year drop in visitors represents a 9.2% decrease over the same month in 2024.

Feeling the effect, Strip casinos generated $827.7 million in gaming revenue in December – meaning their take was down 6% year-over-year. Despite this fall, December’s income was the highest monthly total of the year.

Vegas Wins Out Over U.S. Hotel Averages

Even with the fall in annual visitor numbers and a dismal December, a Las Vegas Convention and Visitors Authority (LVCVA) press release found a silver lining, stating: “Las Vegas continued to fill more hotel rooms on average than any other U.S. city on any given night.”

“With approximately 150,300 hotel rooms, Las Vegas maintains the largest hotel inventory in the U.S. and second in the world. Las Vegas’ 80.3% occupancy compares to a U.S. hotel occupancy average of 62.3%.”

Steve Hill, president and CEO of the LVCVA, added, “Las Vegas operates at a scale that few destinations can match. 2025 required us to remain nimble as conditions evolved. Despite a challenging environment, convention demand remained steady, the events calendar remained strong, and the destination continued to adapt in real time.”

Las Vegas 2025 Tourism in Numbers

38.5 million recorded visitors (down 7.5% on 2024).

80.3% hotel occupancy (down 3.3% on 2024).

$183.52 average daily room rate (down 5.0% on 2024).

$147.30 revenue per available room (down 8.8% on 2024).

55 million Las Vegas Harry Reid International Airport travellers (down 5.9% on 2024).

A Small Win With More to Come In 2026?

Overall, the significant drop in visitor numbers did not damage Las Vegas gambling revenues. Data released by the Nevada Gaming Control Board shows Downtown Las Vegas casinos generated more than $951.2 million – up 2.1% on 2024’s figure.

Las Vegas Strip casinos reported $8.82 billion in revenue, a 0.11% increase from 2024’s $8.81 billion. Collectively, Nevada, home to some of the world’s biggest hotels, finished 2025 showing a 1.2% increase in gaming revenue.

Executives are upbeat about the year ahead, stating that Las Vegas is on track to host 1.2 million tradeshow attendees in 2026, a 20% increase from 2025. They also expect an upswing in visitation related to the 2026 World Cup and America’s 250th anniversary.