A steady stream of Las Vegans is moving away in search of better luck in the job game -- in stark contrast to the region’s boom years, according to a report in the Las Vegas Sun.
“People are moving out more than usual,” said Sherry Clark, a sales representative for the moving company Allstate Moving in Las Vegas.
Considering U-Haul rentals, more are driving out of town than arriving, by a 2 percent margin, said Joanne Fried, U-Haul International director of media and public relations. And outward traffic is slightly higher this year compared with 2009.
Occupancy at extended-stay motels has also fallen sharply. Occupancy at the valley’s Emerald Suites declined from 75 percent in 2006 to 48 percent six months ago. Room rates were reduced about $20.
At Siena Suites, occupancy went from about 85 percent to 65 percent.
To read the full story,
Go Here Now.
© All Rights Reserved.