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Tourism

Las Vegas Tourism Chief to Receive $780,000 Compensation Package

Strategic Insights

— 1 min read

Las Vegas Convention and Visitors Authority (LVCVA) board members have approved a 9% salary increase and 50% bonus for tourism chief Steve Hill, bringing his total compensation to over $780,000. The 9% salary bump will raise Hill's annual salary from $495,000 to over $539,000, while the 50% bonus will add $247,000 to his total compensation package. Hill's new compensation package was approved by the LVCVA's compensation committee last month and is set to take effect immediately.

Key Takeaways:

  • Steve Hill, the Las Vegas Convention and Visitors Authority (LVCVA) chief, will receive a 9% salary increase, bringing his annual salary to over $539,000.
  • The total compensation package for Hill will be over $780,000, including a 50% bonus worth $247,000.
  • The LVCVA's compensation committee unanimously approved the package last month.
  • Hill's new compensation package is set to take effect immediately, with most of the money coming from hotel room taxes.
  • The LVCVA has seen a decline in visitation to the city this year, attributed to national "economic uncertainty." Despite this, Hill has been credited with outstanding performance and has seen a significant return on investment in the valley.
  • The LVCVA has highlighted several successful marketing campaigns, including six campaigns over the 2025 fiscal year, adding 1.8 million followers on social media.
  • The organization has also seen a record-breaking Wrestlemania, year three of Formula 1's stint in Las Vegas, and the MLB's Athletics slowly becoming integrated into the city with sleeve patches.

Statistics:

  • Hill's new annual salary will be over $539,000, representing a 9% increase from his previous salary of $495,000.
  • The value of the 50% bonus awarded to Hill will be $247,000.
  • The LVCVA has added 1.8 million followers on social media since the beginning of the 2025 fiscal year.
  • The average daily rate for a hotel room on the Strip in May was $212, according to LVCVA data.
  • The LVCVA has attributed the decline in visitation to national "economic uncertainty" in recent months.

Sources:

  • "LVCVA chief Steve Hill pockets large pay raise" by the Las Vegas Sun, July 8, 2023 (online edition)
  • Lasvegassun.com (online edition)
  • Tribune Content Agency, LLC

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