Behind every jackpot and dazzling show lies a workforce of over 413,000 people, powering a Las Vegas hospitality industry where stunning economic figures and human stories of wages, tips, and turnover converge to reveal the true engine of the city's $81.5 billion visitor economy.
Key Takeaways
- In 2023, the Las Vegas hospitality sector employed 413,460 workers, accounting for 39% of all jobs in Clark County.
- The average hourly wage in Las Vegas hospitality jobs rose to $22.47 in Q4 2023, up 5.2% from 2022.
- Hospitality workforce in Las Vegas saw 12,500 new hires in 2023, primarily in food service roles.
- Las Vegas Strip resorts generated $16.2 billion in gaming revenue in 2023.
- Total visitor spending in Las Vegas hospitality reached $81.5 billion in 2023.
- Hotel room revenue on the Las Vegas Strip hit $7.8 billion in 2023.
- 40.8 million visitors arrived in Las Vegas in 2023, up 6% from 2022.
- International visitors to Las Vegas numbered 1.2 million in 2023, 3% of total.
- Average length of stay for Las Vegas visitors was 3.7 nights in 2023.
- Las Vegas Strip hotel occupancy averaged 90.4% in 2023.
- Revenue per available room (RevPAR) on Strip hit $224 in 2023.
- Total hotel rooms in Las Vegas metro: 154,000 as of 2023.
- Las Vegas Strip casinos had 8.9 billion in slot coin-in 2023.
- Table drop on Las Vegas Strip: $52.4 billion in 2023.
- Sports betting revenue statewide Nevada: $955 million in 2023.
Las Vegas hospitality thrives, employing thousands and generating record revenue in 2023.
Employment Statistics
- In 2023, the Las Vegas hospitality sector employed 413,460 workers, accounting for 39% of all jobs in Clark County.
- The average hourly wage in Las Vegas hospitality jobs rose to $22.47 in Q4 2023, up 5.2% from 2022.
- Hospitality workforce in Las Vegas saw 12,500 new hires in 2023, primarily in food service roles.
- Female workers comprised 52% of the Las Vegas hospitality workforce in 2023, with higher turnover rates at 45%.
- Unionized hospitality jobs in Las Vegas numbered 60,000 in 2023, mainly with Culinary Workers Union Local 226.
- Las Vegas hotel casino industry added 8,200 jobs year-over-year as of March 2024.
- Part-time hospitality employment in Las Vegas reached 112,000 positions in 2023.
- The hospitality sector's unemployment rate in Las Vegas was 5.8% in December 2023.
- Over 25,000 hospitality workers in Las Vegas earned tips averaging $15/hour extra in 2023.
- Las Vegas saw a 3.1% increase in hospitality job openings to 18,400 in 2023.
- Minority workers made up 68% of Las Vegas hospitality staff in 2023.
- Bartenders in Las Vegas hospitality averaged $45,000 annual salary including tips in 2023.
- Hotel housekeepers in Las Vegas earned a median $38,500 in 2023.
- Gaming dealers in Las Vegas hospitality sector numbered 22,000 with average pay $28/hour in 2023.
- Front desk staff turnover in Las Vegas hotels was 42% in 2023.
- Las Vegas hospitality training programs graduated 4,500 workers in 2023 via UNLV and colleges.
- Security personnel in Las Vegas hospitality reached 15,000 jobs with 6% growth in 2023.
- Chefs and cooks comprised 35,000 positions in Las Vegas hospitality, up 4% in 2023.
- Valet parking attendants in Las Vegas averaged $22/hour including tips in 2023.
- Spa therapists in Las Vegas hotels earned median $55,000 in 2023.
- Concierge roles in Las Vegas hospitality grew 7% to 2,100 jobs in 2023.
- Event staff temporary hires in Las Vegas hospitality hit 10,000 during conventions in 2023.
- Maintenance workers in Las Vegas resorts numbered 12,000 with average wage $24.50/hour in 2023.
- Sommeliers and beverage managers in Las Vegas hospitality averaged $75,000 salary in 2023.
- Lifeguards at Las Vegas hotel pools totaled 800 seasonal jobs in summer 2023.
- Entertainment staff like show ushers employed 5,200 in Las Vegas hospitality in 2023.
- Reservation agents in Las Vegas call centers handled 1.2 million bookings with 3,000 staff in 2023.
- Laundry and housekeeping support staff in Las Vegas hotels: 18,000 jobs in 2023.
- Pool party hosts and promoters in Las Vegas hospitality: 1,500 roles averaging $60k in 2023.
- Hospitality executives (GM level) in Las Vegas averaged $250,000 total compensation in 2023.
Employment Statistics Interpretation
Las Vegas runs on the service of a remarkably diverse army, from the thousands of new food servers earning higher wages to the unionized housekeepers and six-figure executives, all collectively turning the city's economic engine while navigating high turnover and chasing those lucrative tips.
Gaming and Casino Statistics
- Las Vegas Strip casinos had 8.9 billion in slot coin-in 2023.
- Table drop on Las Vegas Strip: $52.4 billion in 2023.
- Sports betting revenue statewide Nevada: $955 million in 2023.
- Number of slot machines on Strip: 28,500 in 2023.
- Table games count on Strip: 3,200 in 2023.
- Baccarat drop on Strip: $22.1 billion, win $650 million in 2023.
- Blackjack hold percentage: 2.3% average on Strip 2023.
- Poker revenue in Las Vegas: $320 million in 2023.
- Race and sports book handle: $15.2 billion in 2023.
- Downtown slot win: $650 million in 2023.
- Off-Strip gaming win: $3.8 billion in 2023.
- High-limit slot play: $2.1 billion win in 2023.
- Electronic table games revenue: $450 million on Strip 2023.
- Comps issued by casinos: $2.8 billion value in 2023.
- VIP baccarat players wagered $10 billion+ in 2023.
- Craps hold: 14.5% on Strip tables 2023.
- Roulette win: $380 million Strip-wide 2023.
- Video poker hold: 7.2% average in Las Vegas 2023.
- Tribal gaming revenue near Vegas: $120 million in 2023.
- Online gaming revenue NV: $450 million, mostly Vegas players 2023.
- Keno and bingo win: $55 million in 2023.
- Pai Gow tiles/poker win: $150 million Strip 2023.
- Casino tax rate: 6.75% on gross gaming revenue in Clark County 2023.
- Biggest slot jackpot: $39.7 million Megabucks in 2023.
- Player cards swiped: 85% of slot play tracked in 2023.
- ATM fees collected by casinos: $45 million in 2023.
Gaming and Casino Statistics Interpretation
While the clattering symphony of 28,500 slot machines provides the city's relentless background score, the true narrative is told in the quiet tension of the baccarat pits, where a staggering $22 billion dropped by high rollers underscores that Vegas still bets big on the timeless allure of a single card drawn against fate.
Hotel Occupancy and Performance
- Las Vegas Strip hotel occupancy averaged 90.4% in 2023.
- Revenue per available room (RevPAR) on Strip hit $224 in 2023.
- Total hotel rooms in Las Vegas metro: 154,000 as of 2023.
- Average ADR across all Las Vegas properties: $198 in 2023.
- Resort occupancy downtown Las Vegas: 82% average in 2023.
- New hotel openings added 2,500 rooms to Las Vegas inventory in 2023.
- Off-Strip hotel occupancy: 85.2% in 2023.
- Luxury segment (5-star) occupancy: 92% on Strip 2023.
- Midscale hotels in Las Vegas averaged 78% occupancy in 2023.
- Resort fee revenue per occupied room: $42 average 2023.
- Group room nights: 35 million in Las Vegas hotels 2023.
- Transient individual leisure bookings: 62% of occupancy 2023.
- Peak occupancy month: December 94.5% on Strip 2023.
- Lowest occupancy: January 84% average 2023.
- Timeshare occupancy in Las Vegas: 88% in 2023.
- Casino hotel RevPAR growth: 12.5% YoY in 2023.
- Non-casino hotels in Las Vegas: 25,000 rooms with 76% occupancy 2023.
- Average length of stay: 3.2 nights for Strip hotels 2023.
- OTA booking share: 45% of Las Vegas hotel reservations 2023.
- Direct bookings via hotel sites: 32% in 2023.
- Loyalty program room nights: 28 million in 2023.
- Renovation-impacted occupancy loss: 1.2 million room nights 2023.
- Fontainebleau opening boosted Strip occupancy by 2% post-Nov 2023.
- Budget hotel ADR: $112 average in 2023.
- Upscale ADR: $285 on Strip 2023.
- Meeting planner satisfaction score for Las Vegas hotels: 9.2/10 in 2023.
Hotel Occupancy and Performance Interpretation
The Strip's relentless hustle is paying off handsomely, as evidenced by luxury hotels hitting a 92% occupancy, transient leisure guests dominating the scene, and everyone from meeting planners to budget travelers happily feeding a casino RevPAR growth of 12.5% while begrudgingly paying those pesky $42 resort fees.
Revenue Statistics
- Las Vegas Strip resorts generated $16.2 billion in gaming revenue in 2023.
- Total visitor spending in Las Vegas hospitality reached $81.5 billion in 2023.
- Hotel room revenue on the Las Vegas Strip hit $7.8 billion in 2023.
- Food and beverage revenue in Las Vegas hospitality was $5.4 billion in 2023.
- Convention-related revenue for Las Vegas hospitality totaled $2.9 billion in 2023.
- Gaming win from slots on Las Vegas Strip was $8.1 billion in 2023.
- Non-gaming revenue share in Las Vegas resorts rose to 58% of total at $12.4 billion in 2023.
- Tax revenue from Las Vegas hospitality to Nevada state was $1.1 billion in 2023.
- Average daily room rate (ADR) on Las Vegas Strip averaged $247 in 2023.
- Buffet revenue in Las Vegas dropped but fine dining generated $1.2 billion in 2023.
- Spa and salon services revenue in Las Vegas hotels: $650 million in 2023.
- Nightclub and pool party revenue peaked at $900 million pre-COVID but $700m in 2023.
- Retail sales in Las Vegas resort shops totaled $1.8 billion in 2023.
- Entertainment ticket sales revenue for shows in Las Vegas: $1.4 billion in 2023.
- Parking fees generated $150 million for Las Vegas hospitality venues in 2023.
- Resort fees averaged $45/night, contributing $1.2 billion to Las Vegas hotel revenue in 2023.
- Sports betting handle in Las Vegas casinos reached $12.5 billion in 2023.
- Table games revenue on Strip: $4.3 billion, up 11% in 2023.
- Downtown Las Vegas hospitality revenue: $2.1 billion in 2023.
- Off-Strip resorts revenue grew 15% to $3.2 billion in 2023.
- Wedding chapel industry revenue in Las Vegas: $450 million in 2023.
- Limousine and shuttle services revenue tied to hospitality: $300 million in 2023.
- Golf course revenue at Las Vegas resorts: $250 million in 2023.
- Meeting space rental revenue: $800 million in Las Vegas hospitality 2023.
- VIP high-roller room comps value equated to $500 million revenue in 2023.
- Beverage sales in casinos: $2.2 billion across Las Vegas in 2023.
- Loyalty program redemptions cost operators $1.5 billion in forgone revenue 2023.
Revenue Statistics Interpretation
The numbers reveal that while Vegas still thrives on the magic of a slot machine's ring, its true jackpot now comes from meticulously charging for everything from the pillow you sleep on to the parking spot you leave your car in, proving that the house always wins even when you're not technically gambling.
Visitor Statistics
- 40.8 million visitors arrived in Las Vegas in 2023, up 6% from 2022.
- International visitors to Las Vegas numbered 1.2 million in 2023, 3% of total.
- Average length of stay for Las Vegas visitors was 3.7 nights in 2023.
- 85% of Las Vegas visitors stayed in hotels or resorts in 2023.
- Weekend occupancy drove 52% of Las Vegas visitor nights in 2023.
- Repeat visitors made up 62% of Las Vegas tourism in 2023.
- Average daily spend per visitor in Las Vegas was $1,030 in 2023.
- 28 million domestic leisure travelers visited Las Vegas in 2023.
- Convention attendees totaled 6.2 million in Las Vegas 2023.
- Top origin market: Southern California with 4.1 million visitors to Las Vegas 2023.
- Air arrivals to Las Vegas airports: 57.8 million passengers in 2023.
- Group travelers comprised 22% of Las Vegas visitors in 2023.
- Summer visitation (Jun-Aug) was 9.8 million in Las Vegas 2023.
- Female visitors to Las Vegas: 53% of total in 2023.
- Visitors aged 25-44: 48% of Las Vegas total in 2023.
- Drive-in visitors from Arizona: 1.8 million in 2023.
- First-time visitors: 38% of Las Vegas arrivals in 2023.
- Peak month visitors: March with 3.6 million in Las Vegas 2023.
- Business travelers: 15% of Las Vegas visitors spending $250 avg daily in 2023.
- Family vacationers: 24% of visitors with kids under 18 in 2023.
- International from Canada: 450,000 visitors to Las Vegas 2023.
- UK visitors: 220,000 to Las Vegas in 2023.
- Hotel room nights sold in Las Vegas: 125 million in 2023.
- 72% of visitors gambled in Las Vegas casinos in 2023.
- Downtown visitation grew 8% to 11 million in 2023.
- Off-Strip visitor share: 18% in 2023.
Visitor Statistics Interpretation
The statistics reveal Las Vegas in 2023 as a deceptively efficient machine, expertly balancing the nostalgic pull for its 62% repeat customers with its relentless conquest of new ones, all while cleverly packing them into hotels for nearly four nights each and expertly separating them from over a thousand dollars a day, proving that what happens here financially, definitely does not stay here.
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