Like a few weeks ago with its F1 Grand Prix event, Las Vegas saw strong performance again via the National Finals Rodeo, Cowboy Christmas, and a Las Vegas Raiders Thursday night game helping to drive RevPAR up 54.1% YoY. The strong growth came even with new supply from the opening of the 3,644-room Fontainebleau Las Vegas.
U.S. industry occupancy calculated without Las Vegas was still up (+0.1ppts), and ADR gained 3.8% (ahead of inflation), netting a RevPAR increase of 4.0%. Las Vegas is…
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