Las Vegas Monorail: No Way, Good News?

Posted: August 15th, 2005 - Written By: Michelle Sterling

The Las Vegas Monorail had a record breaking month in July! The monorail carried 1,020,796 people last month, for an average of 32,928 riders per day. July was also the monorail’s second-best revenue month ever. Farebox receipts last month totaled $2,945,701, for a daily average of $95,022. Don’t get too excited though…this thing cost $650 million and is still nowhere near covering it’s overhead. Maybe an extension to the airport would help, who knows? One thing is for sure, reliability is a key component to this puzzle. If the monorail starts working consistently and reliably, it can only help things. MS Las Vegas Real Estate would like to see the project succeed financially as well as mechanically, but we’re just not sure on either score.

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Michelle Sterling, ABR
Las Vegas Real Estate
Prudential Americana
Group Realtors ®

7475 W. Sahara Ave.
Suite 100
Las Vegas, NV
89117

Toll-Free: 888-349-2595
Direct Line: 702-315-7544
Cellular: 702-349-3009

Email:
ms@mslasvegasrealestate.com