With the complete dependence on Las Vegas shows and attractions as well as the hotels and casinos that draw visitors from all around the world, Las Vegas finds itself in the unique position of being swept along by the financial tide in regards to the revenue that is generated in the area from the world-famous shows and attractions, as well as the  hotels and casinos.  This complete and utter reliance on incoming tourist dollars for the revenue that is generated in the local Las Vegas market means that the fluctuations of the international and local economy have a sharp and lasting impact on the local economy, causing lasting ripples in the ability to generate revenue for some time.  With the reduced business being conducted in the housing market, the national downturn in the economy and reduced strength of the American dollar, the Las Vegasarea has been besieged on all sides by negative events.

Due to the less than positive outlook on the future finances of the area, Las Vegas hotel and casino proprietors have increased the length of time between major renovations to save costs due to the restrictions on the renovation budget.  With the emphasis on tightening up on the available cash flow in the area, the hotels and casinos have to make do with what is available, stretching the budget almost paper thin.  By reducing the amount of revenue that is spent on these types of renovations, the hotel and casino establishment proprietors effectively reserve part of the budget for future use, a common method of shoring up against hard times in these types of Las Vegas hotels, casinos and the attractions such as the world-famous shows that feature all manner of musical performers and famous stars.

With this slowed renovation, the hotels and casinos might find themselves slightly less popular and trendy, but the likelihood is that hotel guests will continue to flock to the hotels and casinos for vacation.  Simply reining in the amount that is spent on renovations that these types of hotels and casinos is enough in the short term to stave off financial catastrophe, as these types of renovations tend to be rather expensive and difficult to execute on average.