In The News: Lee Business School
Real estate expert Nicholas Irwin breaks down the latest data and trends around default notices in Las Vegas. Find out what rising notices might mean for the local housing market and homeowners.
President Donald Trump鈥檚 administration is looking to impose additional costs for international tourists entering the United States, first pushing a 鈥渧isa integrity fee鈥 and then establishing a visa bond program Tuesday.
After years of booming tourism in Las Vegas, the hot streak looks to be cooling off 鈥 and it may be a tell for the broader economy.
Over the past decade or so, various cities throughout the United States have developed legislation or policies geared toward regulating short-term rentals, a market which is dominated by San Francisco-based tech company Airbnb. Recently an appeals court in Dallas, Texas, rejected the city鈥檚 2023 ordinance to ban most short-term rentals located in single family zones. The Dallas Short-Term Rental Alliance argued that鈥攗nder Texas law鈥攖hey had a right to lease their properties.
One year after then-presidential candidate Donald Trump pledged at a Las Vegas rally to end taxes on tips, the proposal became reality through the megabill passed by House Republicans, potentially affecting thousands of Nevadans who work in the state鈥檚 hospitality industry.
Las Vegas is many things鈥攁n icon, adult playground, neon-lit escape hatch. For decades, it has stood as the gleaming epicenter of what happens when fun and pleasure become an economic engine and a profitable business model.
Las Vegas is many things鈥攁n icon, adult playground, neon-lit escape hatch. For decades, it has stood as the gleaming epicenter of what happens when fun and pleasure become an economic engine and a profitable business model.
For four years, Nevada鈥檚 staffing agencies were content with the status quo: a court order preventing the state from enforcing a 2021 labor law. On July 2, their dreams were dashed. That day, District Judge Lynne Jones dealt staffing agencies 鈥 which construction firms rely on for temporary workers 鈥 a critical blow by allowing the state to begin enforcing a law that could force builders to find their own temporary labor.
Experts note that cuts to services for people with disabilities are often the first to take place, but they鈥檙e vital for ensuring independence.
The price tag for the A鈥檚 baseball stadium on the Las Vegas Strip just went up again, now 鈥渦p in the $2 billion range,鈥 according to team owner John Fisher.
Health care is poised to lead job growth in Clark County, according to the latest annual report from the 性视界传媒鈥檚 The Center for Business and Economic Research.
Hotel occupancies plummet 17 percent in early July, marking steepest decline for a major tourism market.
