Experts address Vegas economy in local NAIOP event BY BUCK WARGO LAS VEGAS BUSINESS PRESS January 27, 2026 - 12:13 pm The Southern Nevada chapter of NAIOP kicked off its monthly breakfast program Jan. 15 focusing on the economy and how Las Vegas may be playing catch up to the national economy during 2026. Peter Kroner, director of national market intelligence for Avision & Young, and John Restrepo, principal of RCG Economics headlined the program moderated by Kyle Nagy, founder and director of CommCap Advisors. In describing 2026, Restrepo called it a transitional year while Kroner said he’s bullish and said it’s about alignment. READ THE ARTICLE

Thursday, January 15th 2026 Southern Nevada Forecast: Insights that Move CRE Markets Speakers: Peter Kroner Director, National Industrial, Market Intelligence Avison & Young John Restrepo Principal RCG Economics Moderator: Kyle Nagy Founder and Director CommCapAdvisors Sponsor: Martin-Harris Construction

How Will AI Impact the Future of the Hospitality Industry? Clip: Season 8 Episode 27 | 15m 59s Video has Closed Captions As AI continues to evolve, there are questions about how the hospitality industry in Las Vegas can be affected. We explore the possibilities with RCG Economics Principal John Restrepo. We also experience the technology creators say could help improve working conditions for hospitality workers. SEE VIDEO AT 2:50 01/08/2026 WATCH THE VIDEO

NAIOP Southern Nevada president optimistic for 2026BY BUCK WARGO LAS VEGAS BUSINESS PRESSJanuary 13, 2026 - 11:21 amSteve Neiger has started his term as president of NAIOP Southern Nevada as it kicks off its monthly educational breakfast sessions this week and said getting the federal government to make more land available for development is the No. 1 issue for the organization in 2026.Neiger, a principal and managing broker of CAST, has been a member of the commercial development organization for more than 15 years and has served on the board for a handful of years. He also has served as chair of the Government Affairs Committee after being on it for several years as a member.NAIOP launches its monthly breakfast educational meetings Thursday at The Orleans discussing the key insights that will move the commercial real estate markets in 2026. Panelists include Peter Kroner, director of national industrial market intelligence at Avison & Young and John Restrepo, principal at RCG Economics. Kyle Nagy, a founder and director of CommCap Advisors, will moderate the panel.Q: What is NAIOP and who are its members?A: It is the premier real estate development trade organization in the United States. Anybody in the [...]

NAIOP Southern Nevada Sets Jan. 15 Breakfast Meeting Sharing Insights That Will Move the Commercial Real Estate Markets in 2026 January 5, 2026 By B&P LAS VEGAS – NAIOP Southern Nevada is kicking off the new year with its Jan. 15 breakfast program sharing key insights that will move commercial real estate markets in 2026. It’s the start of a new year full of opportunities and potential challenges for the commercial real estate industry in Southern Nevada. At the January NAIOP breakfast, industry leaders will provide their insights on what will move the markets in 2026 to give attendees and online viewers the information they need to prepare for 2026. Panelists include Peter Kroner, director of national industrial market intelligence at Avison & Young, and John Restrepo, principal at RCG Economics. Kyle Nagy, a founder and director of CommCap Advisors, will moderate the panel. Martin Harris Construction is sponsoring the event. As Southern Nevada’s premier commercial real estate association, NAIOP brings together the brightest minds through dynamic monthly gatherings. From insider market insights to game-changing strategies, its programs give members a competitive edge in this evolving industry. From seasoned [...]

Welcome to robot Vegas: Up to 95 percent of hospitality jobs in Sin City could be replaced by AI, report says Erin Keller In Ohio Tuesday 25 November 2025 17:24 EST The future is here. Walking into a major Las Vegas casino-resort today may look very different from a decade ago, as new research suggests that more resorts are expected to replace hospitality workers with AI or robots. What once seemed like science fiction is rapidly becoming reality, as a report byRCG Economics states that 80 to 95 percent of hospitality jobs could be at risk from AI and automation by the end of next year. By 2027, several hospitality roles in Vegas face a high risk of automation. Customer service representatives have an 80 to 90 percent chance of being replaced, while reservations agents and call center operators face an even higher risk of 85 to 95 percent. Data entry personnel are also vulnerable, with their roles facing an 80 to 90 percent likelihood of automation. READ THE REST OF THE ARTICLE

Report: up to 95% of Las Vegas hospitality jobs at risk from AI by Steve WolfordMon, November 24, 2025 at 6:25 PM LAS VEGAS (KSNV) — Las Vegas, known for its constant reinvention, is facing a new challenge as artificial intelligence and automation threaten to transform the hospitality industry. A report from RCG Economics warns that between now and the end of next year, 80% to 95% of hospitality jobs could be at risk due to AI and automation. By 2030, 65% to 80% of front desk and accounting clerks, housekeeping dispatchers, and up to half of all food service workers may face similar threats. Economist Mike Pequeen from Hightower Las Vegas highlighted the potential impact, stating, "Right now, we have a little over 300,000 people employed directly in the hospitality industry in Southern Nevada. According to this RCG report, somewhere between 77,000 and 92,000 of those people could have their jobs at risk in the next few years based on the development of AI and automation." Despite the rapid advancements, Aya Shata, an assistant professor and AI expert at UNLV, believes AI is not poised to replace many [...]

Las Vegas has a wave of new entertainment jobs. But do they diversify the economy? By Eli SegallLas Vegas Review-Journal September 24, 2025 - 5:00 am With concerts at the Sphere, Raiders games at Allegiant Stadium and Formula One racers flooring it, Las Vegas has upped its offerings outside casinos in recent years. The surge of new entertainment provides more reasons to visit Vegas, or at least more places to spend money, and boosts a segment of the local workforce. But a big question remains. Does it diversify Las Vegas’ tourism-heavy economy? From a data standpoint, it doesn’t, as entertainment jobs are part of Las Vegas’ already-dominant leisure and hospitality sector. Experts who track the local economy say that more shows, sporting events and the like diversify and enhance the region’s main industry. But they had differing views on whether this makes Southern Nevada, with its track record of economic booms and busts, more resilient to a broader slowdown — a pressing issue yet again this year as tourism slumps. David Schmidt, chief economist with the Nevada Department of Employment, Training and Rehabilitation, said the question of whether increased entertainment helps insulate [...]

Regional US casinos cash in as gamblers shun pricey Vegas trips Stephanie Stacey in London and Taylor Nicole Rogers in New York Published Sep 22 2025 Casinos around the country enjoy an unexpected revival as the Nevada hotspot falls victim to the spending slowdown Regional US casinos are benefiting at the expense of Las Vegas as gamblers cut back on expensive vacations to the city, in another symptom of the growing consumer caution sweeping the US. Gross gaming revenue — the difference between sums wagered and the winnings paid out — was up 5 per cent in July and 6 per cent in August at casinos outside Nevada, compared with the same months in 2024, according to published state gaming reports collated by Barclays Research. Brandt Montour, an analyst at Barclays, said the outperformance of regional casinos has come “at the expense” of those in Las Vegas, where the number of domestic and international visitors, particularly from Canada and Mexico, is declining. Almost 8 per cent fewer people visited Las Vegas in the year to July compared with the same period in 2024, according to figures from the Las [...]

By: Bloomberg Finance L.P. and Wells Fargo Economics (May 09, 2025) Bloomberg Finance and Wells Fargo Economists have updated their Weekly Economic Indicator Forecasts. The most significant highlights are: CPI (MoM) reversing sign from -0.1% to 0.2% Retail Sales (MoM) decreasing from 1.5% to 0.1% PPI Final Demand (MoM)reversing sign from -0.4% to 0.2% READ THE ORIGINAL ARTICLE