In 2020 the Las Vegas strip closed its doors for the first time in almost 60 years. Fears over health concerns led every hotel and casino on the strip to shut down for over a month, costing them a 97% drop in tourism from the previous year. A report from Applied Analysis states that Las Vegas tourism lost $34 billion from the outbreak and aftereffects of Covid-19. MGM alone reported a loss of $1 billion in revenue during 2020.
Not only did tourism drop, but the stock market for every business on the strip took a hit. By the end of February 2020, Caesar’s (CZR) stock closed at just $14.40 per share, and MGM’s stock closed at $11.71 per share. Stocks came back up as the pandemic seemed to ease, but with new variants on the rise, businesses on the strip are seeing their stocks fall again. Caesar’s stock is already down 3%, and Wynn Resorts has dropped almost 6%.
Despite a reduction in the number of restrictions placed on businesses by the state of Nevada, the economy is still suffering from the effects of the pandemic and the new variants of Covid-19. 70,000 jobs still have yet to return from before the pandemic. Hotels and casinos are not able to hire their full staff back due to health and safety concerns. Revenue has been on the rise, but it still hasn’t been enough to restore the economy to its former state.
It has been almost 2 years since the widespread outbreak of Covid-19, and the economy is still suffering. Cities like Las Vegas generate large amounts of revenue and provide jobs for hundreds of thousands of people. Is it possible to prevent a similar situation from happening in the future?
Paerosol has the unique ability to kill air and surface borne mold, bacteria, and viruses in any enclosed space at up to a 99.9999% rate of effectiveness without the need for harsh chemicals. The patented Dry Spray Technology™ used by Paerosol cleans any kind of surface, and even penetrates fabrics and other soft surfaces to wipe out any traces of harmful pathogens.
Paerosol has been successfully tested by both domestic and foreign government agencies. The United States Defense Threat Reduction Agency has successfully tested Paerosol against multiple pathogens such as Ecoli, Salmonella, swine flu, and even bird flu. Paerosol uses an HOCL (Hypochlorous Acid) solution to thoroughly clean any enclosed space.
HOCL is a powerful liquid disinfectant that eliminates bacteria, pathogens, and viruses without sacrificing the health of the user. HOCL occurs naturally in the human body and has no negative side effects. With Paerosol’s patented Dry Spray Technology™, HOCL can be distributed as a dry aerosol that leaves no moisture, residue, or corrosion.
By keeping every room, hallway, and lobby regularly cleaned with Paerosol, viral outbreaks can be prevented. To rebuild the economy and restore tourism to areas like Las Vegas, high standards of health and safety need to be met. With Paerosol, every business can meet those standards.
To purchase or learn more about Paerolyte and Paerosol’s disinfecting platform, the MAG, visit Paerosolproducts.com.
(Federal & independent test results available upon request).