1、ColliersLVQ21Q2Las VegasSouthern Nevada is in full recovery mode, with solid progress on job creation, hospitality numbers and taxable sales.John M Stater | Research ManagerAccelerating success. Employment1.03MHome Sales16,335Colliers | Salt Lake County| 21Q1 | Office ReportEconomy21Q2Las VegasRecov
2、ery StrengthensMarket Indicators Market Graph Business ExpansionE-CommerceTPC GlobalSan Diego CA191k sfHistoric ComparisonRetailNutrition CorpAnaheim CA171k sfE-CommerceASeattle WA138k sfManufacturingSouthwestern IndustriesRancho Dominguez CA123k sfManufacturingMastermind MerchGlendale CA106k sfReta
3、ilLanding FurnitureBirmingham AL78k sfSouthern Nevadas recovery picked up the pace in Q2Gaming revenue better than 2019 at this point in yearEmployment could recover by end of 2021, early 2022Key Takeaways YOYFORECAST8.02% Unemployment Rate 18.38% GDP - Quarterly % change yr/yr1.469% U.S. 10 Year Tr
4、easury Note 201920202021Employment(May; Thousands) 1,083.7724.11,032.3Visitor Volume YTD(Jan-Apr; millions)13.848.527.63Gaming Revenue YTD(Jan-Apr; $BB)$3.45$2.35$3.01Taxable Sales YTD(Jan-Mar; $BB)$11.15$10.46$11.56Commercial Occupancy (Q2)93.5%93.3%93.5%Investment Sales(Q2; $MM)$1,017.1$526.7$1,61
5、3.7Unemployment spiked to 27% in April 2020 and has been on the decline ever since, though at a slower pace in Q2 than in the previous three quartersWith Southern Nevadas economy in full recovery mode we can see the light at the end of the tunnel. Employment is back above 1 million jobs and taxable
6、sales in the first three months of 2021 exceeded taxable sales over the same period in 2019. Investment in commercial properties is at a three-year high. Las Vegas is coming back to life in 2021!YOYFORECASTYOYFORECASTYOYFORECASTInvestment Sales$1.61BVisitor Volume7.63M0.0%5.0%10.0%15.0%20.0%25.0%30.