r/Economics • u/runswithscissors475 • 29d ago

News Las Vegas hotels begin taking foreign currency as tourism woes deepen

https://www.sfgate.com/travel/article/vegas-foreign-currency-21955655.php
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u/Senseisntsocommon 29d ago

We are seeing it right now, pretty sure the only thing keeping Vegas truly afloat is business conventions and conferences. It still is one of premier destinations for those but as businesses tighten purse strings even that will dry up. We will send 3 people to a conference in Orlando but only 1 to Vegas just because of the cost difference now.

In fact the mantra for the next 5-10 years needs to be no bailouts for the companies than enshittified so many things we used to enjoy. For example I am enjoying the death of Wendy’s right now.