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Airfare hikes starting to pinch Las Vegas (McGill: home, prices)

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Old 06-16-2008, 10:00 PM
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Default Airfare hikes starting to pinch Las Vegas
June 16, 2008

Airfare hikes, capacity cuts start to pinch Las Vegas

CHICAGO (MarketWatch) -- Soaring fuel prices are starting to hit home in Las Vegas as cash-strapped airlines hike fares and cut capacity at McCarran International Airport - Sin City's tourism lifeline - leading to pressure on room rates and lower spending levels by visitors.

article: Airfare hikes, capacity cuts start to pinch Las Vegas - MarketWatch
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Old 06-16-2008, 10:30 PM
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Well here's a not-so-cool statistic from the article:

"Wachovia's Brian McGill estimated that [slashing flights] could - taking into account load factors and connecting passengers - reduce by 5%, or 1.9 million people, annually."
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