Published on: August 30, 2022, 03:04h.
Last update: August 31, 2022, 02:51 a.m.
Circa Resort & Casino throws its hat in the ultra-competitive convention and meeting arena of Las Vegas. It announced today that its convention space is open for business.
The 35,000 square foot site, located in downtown Las Vegas, is part of the integrated resort’s second phase of development, which opened in 2020. The site is the first in 40 years to be built from zero in the region. known as Glitter Gulch.
Circa’s meeting spaces offer groups leading turnkey audio and visual capabilities and customizable rooms for up to 1,000 guests. Featuring a ballroom, breakout and banquet rooms, adjacent pre-function space, and a 1,600 square foot outdoor terrace, the spaces are outfitted to complement the art design grounds Circa Mid-Century Deco and Modern,” according to a statement released by the company.
Circa has a few points in its favor for attracting new convention business, including the prestigious AAA Four Diamond rating, hosting the largest bookmaker in the United States, and being an adult-only venue.
Might be a good time for Circa
Although the Las Vegas convention and meeting scene has yet to return to pre-coronavirus pandemic levels, the data and trends are encouraging. Statistics indicate that Circa could benefit from good timing with its new convention space.
After more than two years of Zoom and canceled in-person meetings, many employers and employees are ready to resume face-to-face interactions with colleagues and customers. Various surveys confirm that it is still an integral way of doing business, and Las Vegas remains one of the most popular destinations to do so.
Some Strip operators say their convention bookings for the second half of this year and through early 2023 are strong. This confirms that businesses and trade associations want to return to conventions at the nation’s largest casino hub.
“As the meetings and events industries continue to grow post-pandemic, we are excited to showcase our incredible facilities in downtown Las Vegas,” Circa CEO Derek Stevens said in the release. “We’ve always intended to add this to Circa’s repertoire, and we’re looking forward to launching our first series of events in September.”
Conventions matter in Las Vegas
Generally speaking, Las Vegas is bouncing back in great shape from the COVID-19 pandemic. Gross gaming revenue (GGR) surpasses previous records, and the city is likely to snatch the crown from Macau as the world’s top casino hub.
Conventions and professional meetings are essential drivers of the local economy. While many integrated resort operators highlight occupancy rates of 90% and above Thursday through Saturday nights, those levels drop Sunday through Wednesday, largely due to the lack of convention travel. .
Circa did not reveal pricing for its new meeting space. In addition to Circa, Stevens controls D Las Vegas, the Golden Gate Hotel & Casino and the Downtown Las Vegas Events Center.