For $50 million Musk’s company is contractually obligated to move 4,000 people per hour for 13 hours a day during major trade shows, but recent data showed it’s moving more like 1,300 people per hour.
All tagged LVCVA
Does Las Vegas have Too Much?
What did SGA see that the rest of the town didn’t and doesn’t? As the Fool explains, “There are around 30 casinos on the Las Vegas Strip, about two dozen more nearby (such as on Fremont Street), and dozens more elsewhere. Yet with so many gambling halls available and so few people to fill them, casino operators could delay their recovery by continuing to operate them all. Perhaps the new normal for Vegas should be fewer casinos.”
Can Vegas Ever Build Too Much Convention Space?
Is it possible, Las Vegas, which already has more exhibition space, by many multiples, than any other U.S. city, might build too much convention space? That more space won’t automatically turn into more heads in beds at premium prices?