The Taj’s closure lowered Atlantic City casino resort occupancies to 11,451 rooms. With reduced competition, resorts have been able to increase their nightly rates, and thus generate more income in lodging fees.<\/p>\n
\nThe 12 months ending in March 2017 averaged $669 per month in tax fees per 100 rooms. That’s a 5.7 percent bump on 2016’s $633, and 23 percent gain on 2014.<\/strong><\/p>\n<\/blockquote>\nDuring the second quarter of 2017, Atlantic City casinos reported an occupancy rate of over 90 percent on a nightly average rate of $107.43. Resorts has the highest occupancy rate at 95 percent, and Golden Nugget the lowest at 82 percent.<\/p>\n
Borgata, the biggest gaming earner and largest hotel property with 2,767 rooms, reported an occupancy rate of 90 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
Atlantic City tourism statistics indicate that the region’s seven remaining casinos are benefiting from the October closure of the Trump Taj Mahal. But they aren’t just poaching from the shuttered resort, but also generating new visitations to the beachfront town. According to the Atlantic City Tourism Performance Indicators report published by Stockton University’s Lloyd D. […]<\/p>\n","protected":false},"author":42,"featured_media":58862,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18],"tags":[],"acf":[],"yoast_head":"\n
Atlantic City Tourism Report Provides Plenty of Optimism for Casinos<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n