“Strong” and “evolving”— that’s how Lt. Governor Kate Marshall, chair of TravelNevada described the Silver State’s tourism industry today. Its robustness is evidenced by visitor spending, which has increased year-over-year since 2009. In calendar year 2018, the 56 million people who visited Nevada collectively spent $65.5 billion here, up from $63.7 billion the year … [Read more...] about Shifts Occurring
McCarran International Airport
Moving People
“Transportation is one of the highest priorities for the state as far as building industry, being productive and making things happen,”said Dawn Gibbons, chairwoman of the Nevada Transportation Authority (NTA). Highlighting the state’s emphasis on transportation, an 18-month process is currently underway to develop the One Nevada Transportation Plan. It’s a collaboration … [Read more...] about Moving People
City of Henderson: City of the Future
At a time when technology makes daily leaps from innovation to reality, it’s people and the companies they form that bring the awe factor to life. In Henderson, both innovations and innovators are celebrated and cultivated, from the entrepreneurial spirit of downtown Henderson to the city being home to nationwide firsts. It’s people that transform a city into a City of the … [Read more...] about City of Henderson: City of the Future
Grand Canyon Development Partners Welcomes Leigh Ann Monk as Project Coordinator
Grand Canyon Development Partners, a Las Vegas-based construction and real estate development and construction management company, has hired Leigh Ann Monk to the serve as a Project Coordinator. In her new role, Monk will be responsible for managing the delivery of small to large critical construction documents and organizing all project activities. With more than 15 years … [Read more...] about Grand Canyon Development Partners Welcomes Leigh Ann Monk as Project Coordinator
CALV Reports Commercial Real Estate Markets Made More Progress to End 2015
LAS VEGAS – A report released by Xceligent and the Commercial Alliance Las Vegas (CALV) shows the office, industrial and retail sectors of the commercial real estate market in Southern Nevada all made steady progress to close out 2015. “Like other aspects of our local real estate industry and our local economy, 2015 was a year of continued progress for our commercial real … [Read more...] about CALV Reports Commercial Real Estate Markets Made More Progress to End 2015
Economic Forecast 2016: Increasing Stability and Growth
According to analysts, Nevada’s economy will continue to show improvement in 2016, but with a few new wrinkles thrown in. Rising wages will mean more disposable income, which in turn boosts consumer spending. Job creation, described as the single best indicator of economic growth, is expected to add more than 52,000 workers to company payrolls this year, according to the Nevada … [Read more...] about Economic Forecast 2016: Increasing Stability and Growth
Homeland Security and Defense in the Silver State
Regardless of what a grumpy traveler delayed by airport checkpoints may tell you, Homeland Security provides an important framework that ensures that key elements of Nevada’s economy continue to thrive. During the first seven months of this year, approximately 11.5 million people came through security checkpoints on their way to board flights at McCarran International … [Read more...] about Homeland Security and Defense in the Silver State
Nevada’s Tourism Industry: Going Strong
Nevada’s tourism industry, like several other industries in the state, has experienced a recent uptick in business. For example, just last month, the Reno-Sparks Convention and Visitors Authority (RSCVA) beat out Tampa, Phoenix and San Juan, Puerto Rico, to book the rare 18,000-room American Legion national convention for 2020. Additionally, developers began work on Resorts … [Read more...] about Nevada’s Tourism Industry: Going Strong
Trending in Henderson
From a company town to a city companies want to be in: Henderson has trended towards the feel of a hometown community while evolving to meet the needs of residents and businesses. In the 1930s, Henderson housed builders working on Boulder Dam. During World War II the Basic Magnesium Plant in Henderson processed magnesium. Those workers left after the war, but Henderson … [Read more...] about Trending in Henderson
Nevada’s Convention Industry: Combining Business & Pleasure
Convention and meeting planners choose locations and venues, take into account where their attendees are traveling from and how, determine necessary meeting and exhibition space and hotel rooms – and arrange for coffee. Coffee is important. Conventions thrive on coffee, served during events, before and after meetings and at meals, which also figure into the costs. Because … [Read more...] about Nevada’s Convention Industry: Combining Business & Pleasure
July 2014: Around the State
MountainView Hospital and UNSOM Collaborate on Expanded Medical Education Program In an effort to increase the number of physicians serving in Southern Nevada, MoutainView Hospital and the University of Nevada School of Medicine (UNSOM) have agreed to work toward the development of an expanded Graduate Medical Education (GME) program based at MountainView Hospital. The GME … [Read more...] about July 2014: Around the State
Industrial Summary: First Quarter 2014
Southern Nevada The Las Vegas industrial market continued to witness substantial demand in the first quarter of 2014. The sector’s vacancy rate fell to 12.2 percent during the period, which is down 0.8 percentage points from the prior quarter. Compared to a year ago, vacancies are down an even more dramatic 2.8 percentage points. The industrial market vacancy rate has … [Read more...] about Industrial Summary: First Quarter 2014
Henderson: Built to Suit
Henderson, now in its 61st year, has evolved into a first-rate location for companies. Today, this progressive city delivers exceptional services and amenities for businesses, living up to its moniker: the Las Vegas Valley Address for Business Success. It’s home to many nationally and regionally known enterprises; others are in the process of making it so. More than 10,000 … [Read more...] about Henderson: Built to Suit
Betting on Gaming in Nevada
Nevada and gaming go together like peanut butter and jelly. The industry has been Nevada’s foundation for so long it’s hard to think of one without the other. However, as gaming changes, Nevada has found itself adapting and learning to find new ways to earn revenue in a market that, it would appear, everyone wants a piece of. The bill allowing online poker in Nevada was … [Read more...] about Betting on Gaming in Nevada
Nevada’s 2014 Economic Forecast: The Way the Wind Blows…
When it comes to fortune telling, nothing is ever certain, but a handful of industry experts share their thoughts on Nevada’s economy in 2014. This year’s predictions offer more good news than has been reported in Nevada Business Magazine’s annual Economic Forecast in the last few years. While most business executives are proceeding with caution, they seem to agree the worst of … [Read more...] about Nevada’s 2014 Economic Forecast: The Way the Wind Blows…
Getting There: Transportation in Nevada
Nevada is a hub state, with easy access and distribution from both ends of the state to the Western states. Northern Nevada offers access by roadways, railways and an international airport as well as additional airports in surrounding areas. Southern Nevada offers ground access to Los Angeles, Phoenix, Salt Lake City and points south. The state’s business friendly tax climate … [Read more...] about Getting There: Transportation in Nevada
The Logistics of Economic Recovery: The Distribution Industry in Nevada
That big-box warehouse down the street may not be the prettiest feature of the Nevada landscape surrounding you, but next time you’re driving past it, consider this: It, and other facilities like it, might just save the state’s struggling economy. Nevada is poised to become a major distribution center in the West. According to a 2011 study commissioned by the State of … [Read more...] about The Logistics of Economic Recovery: The Distribution Industry in Nevada
Tourism: Welcome Back
Nevada’s travel and tourism industry employs one-third of the state’s population. From hospitality to gaming and from the “What happens in Vegas Stays in Vegas” campaign to Northern Nevada being America’s Adventure Place, the Silver State has been promoted as a world class destination. At the same time, “diversify” has become the State’s battle cry over and over, with warnings … [Read more...] about Tourism: Welcome Back