The number of people visiting Las Vegas in October 2008 was justover three million, 350,000 fewer than in October 2007, the LVCVAreported. Following suit were average hotel occupancy and theaverage daily room rate. Average hotel occupancy in October was87.9% down 720 basis points from the same year-earlier period,while motel occupancy dropped to 53.1% from 72.8%. The averagedaily room rate fell 14.3% to $115.68 from $135.
The total number of room nights occupied in Las Vegas in October2008 was 3.6 million, down from 3.8 million in October 2007.Airplane passenger traffic was down 12.8% while auto traffic wasdown 7.3%.
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