The public will hopefully assume there will not be any future attacks since there was no evidence the gunman appeared to be working with other individuals.
Americans own the most guns per person in the world. With about 4 in 10 saying they either own a gun or live in a home with someone who owns guns. International tourists might be more likely to cancel their Vegas trips due to the gun violence in the US.
The chief data scientist at travel firm Hopper said, "People have short memories and it's probably not a long lasting impact on travelers."
http://money.cnn.com/2017/10/03/news/las-vegas-international-tourism-attack/index.html?iid=SF_LN
It will probably steer away tourists as much as the attacks in Paris, London, and Brussels. Being such a large city I don't see it making an impact on their economy.
ReplyDeleteI agree with Jager's comment on how the recovery time will depend on the media and the authority. If the media hikes up the attention to it and conspiracies are made, I believe that the recovery time will increase, causing a possible impact on the economy. However, if the media produces more stories on how authorities are improving security, I think that the recovery time will decrease, causing any impact on the economy to be minuscule. When the media shows positive action taking place, people will have a better mindset towards visiting.
ReplyDeleteIt is obviously really hard to tell what is going to happen after a tragedy like this. I think that for a short amount of time people will rethink going to Las Vegas, but I don't think it will have any affects in the long run. People are still going to go to concerts and music festivals, so why wouldn't people want to go to Las Vegas? I do agree with Erin though. The media needs to focus more on how hotels and concerts are upping their security as well as what Las Vegas in general is doing.
ReplyDeleteI agree that much of the outcome will depend on the media coverage. While a large portion of Las Vegas's economy is tourism, which will suffer in the next few months, there should not be any long term negativity following this shooting. However, if the media coverage is persistently strong, investors might begin to pull their shares in business in Vegas. Loss of investments and stocks in the hotel and casino industry have the possibility of a more long term effect.
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