More Las Vegas Shows Seen ‘Falling Out’ in Q1
COVID-19's cancellation of CES 2021 as a physical show (see 2007280034) typifies the shaky Q1 outlook for Las Vegas conventions, said Wynn Resorts President Marilyn Spiegel on a Q2 call Tuesday. Other trade shows are “going to be falling out”…
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in Q1, “but we see that by about April, there's some firmness,” she said. NAB Show 2021 is scheduled for April 10-14 at the Las Vegas Convention Center. There’s “not much left on the books” for recouping convention business in 2020, said Spiegel. “And in 2021, the first quarter is a question mark.” Others say similar (see 2008040062). Without its customary “convention base,” the Strip has become “super-regional,” said Wynn CEO Matt Maddox. Customers from “drive-in markets” are dominating the traffic, and two-thirds of them are “nongamers,” he said.