Las Vegas Resort Hotel Market

Las Vegas Resort Hotel Market The Las Vegas lodging market has historically attained occupancy levels well above the national average. The following table presents an analysis of the Las Vegas lodging market since 1985: LAS VEGAS LODGING STATISTICS % TOTAL 6 HOTEL % MOTEL % TOTAL % INVENTORY CHANGE OCCUPANCY CHANGE OCCUPANCY CHANGE OCCUPANCY CHANGE of @opicp 1985 53,067 = 84.7 = 70.1 = 79.8 = 15,456,825 - 1986 56,494 6.5 86.3 1.9 70.9 1.1 81.4 2.0 16,784,932 8.6 1987 58.474 3.5 87.0 0.8 74.0 44 93.4 25 17,800,070 6.0 1988 61,394 5.0 89.3 26 73.7 (0.4) 85.1 2.0 19,069,897 7.1 1989 67.391 9.8 89.9 0.7 72.5 (1.6) 85.2 0.1 20,957,253 99 1990 73.730 9.4 89.1 (0.9) 69.8 (3.7) 84.7 (0.6) 22,793,998 8.8 1991 76.879 43 85.2 (4.4) 62.6 (10.3) 80.3 (5.2) 22,532,851 (1.1) 1992 76,523 (0.5) 88.8 42 66.1 5.6 83.9 45 23,434,021 4.0 1993 86,053 12.5 92.6 43 69.7 54 87.6 aA 27,514,586 17.4 1994 88,560 29 92.6 0.0 73.2 5.0 89.0 1.6 28,768,716 46 1995 90.046 17 91.4 (1.3) 72.4 (1.1) 88.0 (1.1) 28,922,775 1996 99.072 10.0 93.4 22 757 46 90.4 27 32,689,797 1997 105,347 63 90.3 (3.3) 68.8 (9.1) 86.4 (4.4) 33,222,230 1998 109,365 3.8 90.3 0.0 67.3 (2.2) 85.8 (0.7) 34,249,837 1999 120.294 38,638,433 2000 124.270 40,414,468 2001 126,610 39,142,115 2002 126,787 38,859,613 2003 130,482 39,760,735 2004 131,503 41,953,010 2005 133,186 43,362,698 2006 132.605 45,787,180 2007 132.947 43,867,192 2008 140,529 42,967,252 2009 148,941 41,986,134 2010 148,935 43,365,743 2011 150,161 45,654,165 2012 150,481 46,479,707 2013 150,593 46,191,449 47,497,234 _ 150,544 66.8 one 87.9 _-- --- 19,909,507 --- YTD 5/15 149,352 0.0 89.1 (1.2) 67.0 0.3 87.0 (1.0) 19,758,379 (0.8) YTD 5/14 149,347 mon 90.2 HOUSE_OVERSIGHT_018782