Las Vegas tourism group sees much more guests, money
LAS VEGAS (AP) — Las Vegas tourism officials say the location expects to see a lot more than 40 million visitors this year –an all-time record quantity– after 4 years of consecutive development.
Las Vegas Convention and Visitors Authority senior vice president of finance Rana Lacer stated Thursday that revenue from room taxes paid by visitors this last fiscal year was more than the group anticipated.
That further revenue is assisting boost this year’s budget by 11 percent to $ 317.1 million.
The group also plans to commit much more on advertising, advertising and marketing and capital projects for a total of $ 303.five million.
And the firm behind the slogan `what takes place right here, stays here’ seems to also be sticking around.
The authority’s board members told their CEO to negotiate a new three-year contract with R & R Partners.