Rail

Las Vegas monorail ticket sales expected to fall millions short

Posted on January 3, 2018

Photo: Las Vegas Monorail Co.
Photo: Las Vegas Monorail Co.

LAS VEGAS — Las Vegas Monorail ticket sales are expected to fall millions of dollars short of predictions for 2017 and 2018, according to budget documents the monorail company released last week, the Las Vegas Review-Journal reported.

The monorail is budgeted to make about $6.5 million less in ticket sales than was forecast in a Monorail Co.-commissioned ridership study, which didn't account for the impact of Uber and Lyft.

Dismissing the competitive "technology platforms" was unwise according to a transportation expert quoted by the Review-Journal.

For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

Valley Metro celebrates 10-year 'Railversary'

Valley Metro CEO Scott Smith welcomed a prestigious slate of speakers, including rail city mayors, who shared the transformation that has occurred in their cities over the past 10 years.

CAF USA replacing air compressors on Cincinnati streetcar

The compressors malfunctioned during prolonged subfreezing temperatures last winter.

Keolis to operate 2nd light rail contract in Denmark

The 15-year contract will generate cumulative revenue of approximately $260 million.

Amtrak refurbishes Chicago Union Station Great Hall

The centerpiece of the Great Hall is the 219-foot-long skylight that soars 115 feet above the floor.

Alstom, San Francisco Muni extend train services partnership

Will continue to provide Vendor Managed Inventory services to manage and supply parts for the agency's rail fleet.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation