As 2022 drew to an end, it marked a truly remarkable year for Southern Nevada! From incredible population growth and financial gains across the board to record-breaking airport passenger counts, there was no shortage of successes. Now in 2023, expectations are high with state & local budget surpluses galore plus Las Vegas’ biggest convention/meeting calendar ever and international tourism surging back – topped off by MSG Sphere opening as well as what could be our first billion-dollar event: The Formula 1 Grand Prix!
Read more: Positive Outlooks for Las Vegas Living in 2023According to the Las Vegas Review Journals’ A Positive Outlook – What’s Next”, we’re in the midst of an amazing ‘Roaring 20s Effect,’ where people are making up for months of lost experiences with a newfound gusto. Las Vegas is booming! Huge investments have been made – $40 billion going into major casino properties, billions more on entertainment venues that’ll offer 325K seats by 2023 and even airports getting updates to handle this boom. This means we can look forward to hosting huge stars like Adele or Taylor Swift alongside business events no other place can match… sure sounds like the party’s just starting
From high-octane Formula 1 races zooming down the Las Vegas Strip, to jaw dropping performances from some of music’s biggest acts – it takes a lot for Sin City to host these world renowned events. We’re talking billions in hospitality investments and years of planning by leaders who know how to get things done! Add that with can-do elected officials, you have all the ingredients needed to bring electrifying experiences like Super Bowls and The National Finals Rodeo right into your backyard here!
It’s an unprecedented time of growth! With stimulus-backed spending, we are seeing massive investment in Vegas’ entertainment industry – billions pouring into its casinos, concert venues and convention spaces. The result? Las Vegas is soon set to outpace New York and LA as the global leader for major events. It really looks like 2021 will be a year of rebirth – rebounding from pandemic hardships with fresh energy and optimism!
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