LVCVA mulling purchase of Las Vegas monorail
The Las Vegas Convention and Tourism Authority is mulling an acquisition of the Las Vegas Monorail.
The four-mile route, which runs along the Vegas Strip is owned and operated by nonprofit firm Las Vegas Monorail Co.
The LVCVA is in talks to buy it.
Discussions began in January but have continued even when the service closed in March due to the Covid-19 pandemic.
"We think that the monorail is an important transportation option when the destination is at full strength," said Steve Hill, president and CEO of the LVCVA.
"It moves nearly five million per year, and a lot of those people are attendees here at the (Las Vegas) Convention Center."
As the LVCVA board revealed the news, one board member voiced opposition to any acquisition.
"I would be absolutely opposed to LVCVA funding it. Part of it is because it doesn’t go to the airport or downtown. It very much serves MGM properties, and they were looking at purchasing it in order to take the monorail over to Mandalay Bay," said LVCVA board member Carolyn Goodman.
LV Monorail Co recently said it hopes to restart the service later this summer.
It had previously announced plans for another station at Mandalay Bay but they have been paused for now due to the pandemic.
by Ray Montgomery, US editor
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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