Las Vegas Convention and Visitors Authority Acquires Assets of the Las Vegas Monorail Company

 Wednesday, December 16, 2020 


The Las Vegas Convention and Visitors Authority (LVCVA) closed on its transaction to acquire the assets of the Las Vegas Monorail Company, preserving an important transportation option in Las Vegas and ensuring it can operate in the coming years.

The U.S. Bankruptcy Court approved the sale on Nov. 24, 2020. The transaction also allows for other transportation options on the east side of Las Vegas Boulevard by eliminating the non-compete area around the monorail system.  It further paves the way for the Boring Company’s underground tunnel, the Vegas Loop, to be constructed throughout the destination; pending approval to waive the monorail’s non-compete zone by the LVCVA Board of Directors on December 10.

The 3.9-mile elevated monorail has moved nearly five million people a year, many of whom are attending meetings at the Las Vegas Convention Center (LVCC.) The LVCVA plans to resume operations of the monorail when there is visitor demand in the destination for the transportation service.  Key staff expertise from the existing monorail team will be retained and part of Western Management Group contracted by the LVCVA to manage and operate the system.

Las Vegas Monorail facts:

Share On:

« Back to Page

Related Posts


Leave a Reply

Your email address will not be published. Required fields are marked *


Subscribe to our Newsletters

I want to receive travel news and trade event update from Travel And Tour World. I have read Travel And Tour World's Privacy Notice.

Sep 29
September 29 - September 30
Feb 28
February 28, 2024 - February 29, 2024
Apr 03
April 3, 2024 - April 5, 2024
Apr 10
April 10, 2024 - April 12, 2024
Apr 16
April 16, 2024 - April 18, 2024
Apr 24
April 24, 2024 - April 26, 2024