RECESSION RECOVERY
(letter) from the post office,” she said.
Full recovery
Today, Tull believes Las Vegas has fully recovered from the recession.
Recent statistics bear that out. In 2016, a record 42.9 million people visited the city. That year, the record 95 percent weekend occupancy rate was matched. In 2017, the city hosted a record number of convention delegates, 6.6 million.
And the biggest indicator will be at the northwest corner of Paradise Road and Convention Center Drive, the site of the planned
1.4 million-square-foot convention center expansion, which includes a 600,000-square-foot exhibition hall.
Due to open in time for the 2021 CES, the new building paves the way for Las Vegas to have the second-largest convention center in North America.
The project will support nearly 14,000 construction jobs and more than 7,800 full-time permanent jobs upon completion, according to the LVCVA. It will generate an additional $2.1 billion in economic activity during construction, with an annual incremental economic impact of $810 million while attracting more than 600,000 additional visitors each year.
Contact Richard N. Velotta at rvelotta@reviewjournal.com or 702-477-3893. Follow @Rickvelotta on Twitter.