"History has shown the Las Vegas economy rebounds from any slump when the Strip goes through a building boom. Observers believe today's extensive Strip makeover wil be no exception. Some 40,000 new hotel rooms are in phases of planning and construction along Las Vegas Boulevard that will keep a construction work force employed through 2012". says the article.
"Deutsche Bank, in a report to investors, said the building boom will create upward of 120,000 new jobs." "The Las Vegas Convention and Visitors Authority said the room inventory expansion could boost room tax collections to more than $571.8 million annually, 30 percent higher tha the current collections."
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