JLL: Las Vegas is ranked 19th in terms of its Cross-Border Retailer Attractiveness Index
In its Destination Retail report, JLL noted that Las Vegas has a Cross-Border Retailer Attractiveness Index of 155 and is ranked 19th overall. The report is based on a survey of 240 leading retail brands across 140 cities globally. The cities account for 36% of global GDP, 13% of the world’s population and one third of the world’s consumer spending. The index shows, for each case, the presence of retailers, relative to the average of 100. Las Vegas is classified as a Global Retail City. Growth of spending in 2015-19 is expected to be about 3.5% annually. Average prime retail rents are around US2,300 per square metre per annum.
Source : JLL/Apr 2016/Las Vegas/RET