Hotel occupancies plummet 17 percent in early July, marking steepest decline for a major tourism market.

In early March, Anthony Curtis, the publisher of the long-running Las Vegas Advisor, noticed that Station Casinos had a startling promotion going: $5.99 for a cheeseburger and fries. He found the deal appealing but out of character for Las Vegas, and he promptly announced in his newsletter: “Has hell frozen over?”

And now, as the city struggles to cope with one of its lowest points in recent history, Las Vegas hotels are being crushed by falling occupancy and revenue. The financial crisis, which has created uncertainty and chaos in the economy, has taken a heavy toll on the tourism industry. This decline is being compounded by the disappearance of overseas guests, who are hesitant to travel because of fears surrounding the global economic picture. The result? Las Vegas—formerly a bustling hub for tourists—has seen its hotels dive into performance woes, with occupancy and revenue dropping to unprecendented levels. The net result is that in Las Vegas, just as in other key U.S. tourism markets, these crises such a destruction that not only Las Vegas but handful of the major U.S. tourism-driven properties are seeing, demonstrating how deeply these crises cut.

Las Vegas hotels are posting some of the steepest year-over-year performance declines among major U.S. markets this summer as international visitor weakness and economic uncertainty take a toll.

Declining fertility rates could spell trouble for state budgets as tax revenue declines in the long term.

The gaming industry in Las Vegas, a major economic driver generating billions in revenue, is facing challenges as tourism numbers decline.

North Las Vegas is growing — fast. Thousands of new homes, shopping centers, and businesses are transforming what was once one of the hardest-hit areas during the Great Recession. A brand-new Walmart Supercenter is part of that change.

A newly released report is showing inflation is on the rise, making prices higher across the board. The U.S. Bureau of Labor Statistics Consumer Price Index report for June 2025 shows inflation is at 2.7%. That's how much more all items cost this year compared to last year.