When Hot Markets Go Cold: Vegas Edition

* 🅣🅡🅐🅥🅔🅛 🅝🅔🅦🅢 *

I looked at the awful Q3 results for Orlando last week, and this week it’s time to look at the other market everyone’s talking about: Las Vegas.

Las Vegas is similar to Orlando in that it saw a big run-up in capacity from ultra low cost carriers (ULCCs), among others, and that led to weakness in fares. But in Q3 2023, the DOT DB1B domestic data shows a very different result than what we saw in Orlando.

This was published by Cranky Flier, to read the complete post please visit https://crankyflier.com/2024/02/12/when-hot-markets-go-cold-vegas-edition/.