It has been a little bit of both up and down with this recession that has hit many countries in recent times. Las Vegas definitely felt a blow, especially several months ago when hotels were standing empty with tons of availability for days on end. This time of year brings a bit of the scare back as hotels are currently full of those that may be there for a convention but once the holiday season rolls around it will be interesting to see how much occupancy the hotels on the Las Vegas Strip actually receive.

The recession is far from over, say several analysts that have studied patterns in the economy very closely. And if this is true then the travel industry is always a good indictor to look at to see what the action is like among the companies in this industry. Las Vegas relies heavily on the their travel and tourism industry as it is a big provider of jobs and income into the state and city.

They holiday season will be a telling one. If this season proves to be a strong one or at least stronger than that of the holiday season last year than at least their will be hopes for the future and an indication that we are on the ups for the year to come. But until after the holidays and likely the first quarter of the 2010 calendar year we won’t know what to predict for the city as a whole all the business that are run directly out of it as well.

This entry was posted on Monday, November 2nd, 2009 at 10:12 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.