Unparalleled Hotel and Resort Inventory

Unparalleled Hotel and Resort Inventory Las Vegas has a larger supply of hotel rooms than any other metropolitan statistical area in the world and in return drives extraordinary spending demographics. The vast majority of Las Vegas’ lodging supply is located on the Strip, and approximately 76% of all visitors (31 million) to Las Vegas stay in hotels on the Strip each year. Luxurious mega-resorts as well as more moderately priced accommodations are concentrated on the Strip and in the immediate surrounding area to meet the needs of all segments of the visitor market. A comparable resort district cannot be found anywhere else. As summarized in the exhibit below, 17 of the 30 largest resorts in the world are located on the Las Vegas Strip: THE WORLD’S 30 LARGEST HOTELS AND RESORTS RANK RESORT 14 15 LOCATION MGM Grand Las Vegas First World Hotel Disney’s All-Star Hotel Orlando Izmailovo Moscow Mandalay Bay Las Vegas Luxor Las Vegas Ambassador City Jotiem Pattaya The Venetian Las Vegas Excalibur Las Vegas Aria Resort & Casino Las Vegas Caesars Palace Las Vegas Bellagio Las Vegas Sheraton Macau Circus Circus Las Vegas Shinagawa Prince Hotel Tokyo Located in Las Vegas Genting Highlands ROOMS 6,852 6,118 5,524 5,000 4,752 4,408 4,219 4,049 4,008 4,004 3,960 3,950 3,896 3,774 3,680 RANK RESORT 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Flamingo Atlantis Hilton Hawaiian Village Disney’s Port Orleans French Quarter Mirage Monte Carlo Venetian Macau Cosmopolitan Westgate Las Vegas Resort and Casino Paris Treasure Island Gaylord Opryland Resort Disney’s Pop Resort Bally’s Borgata LOCATION Las Vegas Paradise Island Honolulu Lake Buena Vista Las Vegas Las Vegas Macau Las Vegas Las Vegas Las Vegas Las Vegas Nashville Lake Buena Vista Las Vegas Atlantic City HOUSE_OVERSIGHT_018768 ROOMS 3,565 3,414 3,386 3,056 3,044 3,002 3,000 2,998 2,956 2,916 2,884 2,881 2,880 2,814 2,802