In The News: Center for Business and Economic Research
Airlines and possibly cruise lines are seen as the most deserving. Hotels are vying for assistance, too.
Las Vegas casinos are beginning to shut down in response to the novel coronavirus, with MGM Resorts Properties closing all of its casinos Tuesday, along with the Wynn, Encore and The Cosmopolitan.
The spreading coronavirus has sparked financial shock waves around the globe at breakneck speed, from stock market plunges to waves of canceled events and other closures.
The casino employees are the front line soldiers in the battle to contain any potential transmission of COVID 19. Hotels and casinos are releasing few details about plans if an outbreak takes place in Las Vegas.
As coronavirus concerns continue around the world and in Las Vegas, many small business owners and hospitality industry employees are concerned about its local economic impact.
As coronavirus grips the globe, government agencies and employers are giving advice that could be problematic for this tourism mecca: Travel less.
As coronavirus grips the globe, government agencies and employers are giving advice that could be problematic for this tourism mecca: Travel less.
When the SARS virus outbreak spread from China throughout the world in 2003, Las Vegas was in a panic.
Las Vegans were relieved after a person suspected of having coronavirus tested negative for the illness. But internationally, the number of cases and deaths continues to grow.
Southern Nevada saw its strongest October new home sales since 2006 during a month prices set a record high, in part because of a surge in million-dollar home closings, and builders expect prices to continue to rise in 2020.
A UNLV economics professor predicted the national economy will continue its slowdown in 2020 and 2021 and that should trickle down to the gaming and hospitality industry in Las Vegas that he said is surprisingly soft given record passenger numbers traveling through McCarran International Airport.
Years after the Great Recession ravaged the Nevada economy, could several cities across the state really find themselves among the most “dynamic” metro areas in the country?