Las Vegas Tourism Agency Boosts CEO’s Salary to Almost $400K ?

Posted on: July 14, 2021, 03:03h. 

Last updated on: July 15, 2021, 02:13h.

Larry Henry Read More

Expertise: Commercial Gaming, Gaming Business, Legislation, Politics, Regulation.

Las Vegas Convention and Visitors Authority President and CEO Steve Hill will make almost $400,000 a year when his 4 percent pay raise kicks in this fall.

The LVCVA board of directors on Tuesday unanimously approved a $15,292 a year pay raise for Hill, bringing his annual salary to $397,590. The increase is set to occur when the tourism agency’s employees transition from their current four-day workweek to a five-day schedule. This is expected to take place in September, according to the Las Vegas Review-Journal.

Hill was named the LVCVA chief executive officer in September 2018. He previously served as director of the Governor’s Office of Economic Development under Gov. Brian Sandoval (R).

On Tuesday, the board approved a salary increase for LVCVA legal counsel Caroline Bateman. Her annual pay is going up 3.5 percent, from $198,765 to $205,722.?

The compensation committee is slated to meet later this year to decide on a bonus for Hill and other LVCVA executives, the newspaper reported.?

LVCVA employees are also in line to receive merit pay increases in September of 2 to 4 percent.

Tourism Uptick

Hill and his staff are tasked with promoting the area globally and bringing visitors to the city. He did not receive a pay raise last year when the coronavirus pandemic flattened the Las Vegas economy. Some resorts on the Strip closed their hotel towers during the middle of the week last year because of low consumer demand.

As part of its effort to attract conventions, the LVCVA recently unveiled its $1 billion Convention Center West Hall and Tesla underground people-mover system. The first major convention in the US since the March 2020 onset of the pandemic took place last month at the Las Vegas Convention Center.

Some critics say the LVCVA attempts to sidestep responsibility when tourism falters.?

“It seems like in bad times, they shrug their shoulders and blame the economy,” Ted Newkirk, founder of Access Vegas, recently tweeted. “In good times, they take all the credit.”

I-15 Traffic Woes

One of Hill’s goals for the 2022 fiscal year is to help develop solutions to the Interstate 15 traffic jams that frustrate visitors returning to Southern California. That problem has contributed to a reduction in the average number of visits that Southern Californians make to Las Vegas, a tourism official said.

To alleviate this problem, a private rail company is proposing to build a high-speed train linking Las Vegas to Apple Valley, Calif., about 90 miles east of Los Angeles. The Apple Valley terminal ultimately will be linked by various extensions to Los Angeles.

Construction on the 200 mph train is expected to begin in 2022. The Las Vegas terminal station will be near the Strip, south of McCarran International Airport.