Local tourism is picking up in Las Vegas and the city is slowly moving toward economic recovery, according to some recent statistics. That's more good news for our home city. Reports show that "foot traffic" is increasing on the Strip and visitation rates have increased for 12 consecutive months, a trend local tourism experts expect to continue at least for the rest of the summer.
The casinos are even beginning to make some money again. For example yearly revenue at MGM Resorts, one of the biggest gaming companies in the world, is up over $7 million compared to last year. The Las Vegas Convention and Visitors Authority predicts that the city will receive about a million more visitors in 2011 -- 38 million in total -- than it did in 2010.
Other numbers point to a Vegas recovery as well. Travel websites have seen a big jump in the number of people interested in visiting the city. And for the first time in years Vegas room rates are increasing slightly. Of course, the room prices are still pretty low at around $103 per night currently.
According to the LVCVA its doing a lot of social media promotion to get people interested in coming to Vegas again. All the big events and celebrity sightings in Vegas make that easy to do.
We say: This is definitely good news for our favorite city. But, as we've said before, a true Las Vegas economic recovery won't happen until more locals get back to work!
Learn some mo': Signs show Las Vegas tourism starting to pick up again
Learn some mo': Signs show Las Vegas tourism starting to pick up again
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