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The hotel industry in Las Vegas is also experiencing challenges. While hotel rates have risen, occupancy has dropped to 82.9%. Interestingly, a surprising finding from the visitor surveys indicates that guests are increasingly opting to share rooms, with an average group size of three to four individuals. This shift reflects the economic strain families and friends are feeling, urging them to cut costs during their stay.
Also troubling is the decline in air traffic at Harry Reid International Airport, which has plummeted by 3.9%. This statistic signifies a potential shift away from international tourists, particularly those from Canada, another large source of visitors to the city.