LAS VEGAS (KTNV) — Las Vegas has experienced a steady decline in visitation over the last several months, according to numbers from the Las Vegas Convention and Visitors Authority.

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Hotel occupancy rates and room prices have both slipped during this period. Many resorts have responded by dropping their base rates, but high resort fees and parking charges remain in place.

The tourism downturn has raised concerns about potential layoffs at certain hotels and broader economic impacts. Caesars Entertainment was recently removed from the S&P 500, adding to industry worries.

Visitors have increasingly questioned whether the Strip remains a "value dest

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