09-Jun-2011 3:52 PM
Global downturn proves a bad deal for Las Vegas McCarran Airport
Analysis
In the boom years leading up to the economic crash, Las Vegas was one of the fastest growing cities in the US. Its climate and relatively low housing prices attracted job seekers and retirees, fuelling a run-up that burst in spectacular fashion when things turned sour. Companies cancelled conventions and trade shows and leisure travellers bought food instead of gambling junkets.
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