Mixed readings on Vegas recovery; Trump vs. Titus

How bad is it in Las Vegas? Well, the latest edict from MGM Resorts International is that The Mirage will be closed from Monday at noon to Thursday at noon, INCLUDING the casino. (We felt that news needed a bit of extra emphasis.) Even the volcano is shutting down. That’s dire. It’s also further confirmation of what we’ve been hearing for months, that Las Vegas’ recovery is wont to be sluggish. While 2022 seems a long time to wait for a comeback, it could be worse. Tourism to New York City is not expected to return to pre-pandemic levels until 2025. What tourists want now, asserts the Reno Gazette-Journal‘s Ed Komenda is “a place that’s clean and secluded and far from the perils of the pandemic.” That’s not Vegas, where Covid-19 levels are skyrocketing and Gov. Steve Sisolak (D) dithers over whether to re-close the casinos. (Will the Nevada Resort Association or Culinary Union allow it?)

Veteran reporter Howard Stutz points to a near-total absence of international travel. “That’s why Palazzo closed. They didn’t have international business. It’s a ghost town there.” He thinks midweek closures will be the order of the day. After all, Sin City is trying to maintain 2020 A.D. room inventory on 1993 levels of business. Stutz says recovery projections are “all over the place. If the vaccine works, if this pandemic starts going away and other parts of the economy start rebounding, then we’re going to start seeing more visitation maybe by summer.” Until then, he predicts a “terrible” November (think how bad it is elsewhere in the country and then magnify that) and worse December.

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