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Las Vegas Leads in Meetings and Events Growth in May with an 18.5 Percent Uptick

Las Vegas Blvd street sign - Unsplash+

Oahu Island hits 17.9 percent growth with technology and travel groups 
acting as key drivers to growth

Knowland reported that Las Vegas took the lead in group business with a solid 18.5 percent growth in May year-over-year (YoY). Oahu Island pulled in second at 17.9 percent YoY growth. This data is sourced from Knowland’s sales intelligence platform and designed to help hoteliers protect and grow their revenue base.

The average space used for meetings in the Top 25 markets was 3,615 sq. ft., and secondary markets were at 3,625 sq. ft. Average attendees were 128 in the Top 25, while secondary markets averaged 127 attendees.

About the Data: This data is provided to help hoteliers still building momentum gain insight into the top locations selected by today’s meeting planners. This information about the leading industry drivers provides a clear picture of those groups that are returning to the meeting and event space. Insights presented result from the analysis of meetings and events data acquired through Knowland data collection and aggregation methods, including field reporting and automated methods of customer and non-customer data collection in primary, secondary, and tertiary markets, as well as its large historical database.

Posted by on June 5, 2024.

Categories: Trends

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