Las Vegas Monorail
- Company typePrivate
- Founded2004
- HeadquartersLas Vegas, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
Las Vegas Monorail firmographics
Firmographics- Name
- Las Vegas Monorail
- Legal name
- Las Vegas Monorail
- Website
- https://lvmonorail.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Las Vegas Monorail industry classification
Industry- Product category
- Public Transportation Services
- NAICS
- Rail Transportation (482), Urban Transit Systems (48511)
- akta.pro primary industry
- Monorail Operators (TLAFAEAF)
Keywords
Where Las Vegas Monorail is headquartered
LocationHeadquarters
- HQ city
- Las Vegas
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Las Vegas Monorail business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Passenger Ticket Sales: The primary revenue stream comes from ticket sales including one-ride tickets and unlimited-ride passes ranging from 24 hours to 7 days. Tickets are sold online at discounted rates, at ticket vending machines at full price, and through customer service offices. Nevada residents also receive discounted local fares at $1 per ride.
- Advertising and Media: The monorail generates revenue through advertising on train exteriors (full and partial wraps), train interiors (floor, walls, doors, ceilings, back panels, lightboxes), station platforms, faregate areas, and building wraps. The system is visible to over 40,000 vehicles daily along the Strip.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | One-Ride Ticket - Single trip for one person |
| Subscription | Pay-as-you-go | 24-Hour Unlimited Pass - Unlimited rides for 24 consecutive hours |
| Subscription | Pay-as-you-go | 2-Day Unlimited Pass - Unlimited rides for 2 consecutive days |
| Subscription | Pay-as-you-go | 3-Day Unlimited Pass - Unlimited rides for 3 consecutive days |
| Subscription | Pay-as-you-go | 4-Day Unlimited Pass - Unlimited rides for 4 consecutive days |
| Subscription | Pay-as-you-go | 5-Day Unlimited Pass - Unlimited rides for 5 consecutive days |
| Subscription | Pay-as-you-go | 7-Day Unlimited Pass - Unlimited rides for 7 consecutive days |
| Unit Pricing | Pay-as-you-go | Nevada Resident Discount - Local fare for Nevada residents |
| Unit Pricing | Pay-as-you-go | Group Discounts - For parties of 20 or more |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Las Vegas Monorail product offering
Product offeringCore offering
Las Vegas Monorail operates an elevated, 100% electric rail transit system running 3.9 miles along the Las Vegas Strip, connecting seven stations from SAHARA Las Vegas to MGM Grand. It sells one-ride tickets and unlimited-ride passes (1 to 7 days) via online, mobile, and station channels, and earns advertising revenue on its trains and stations.
Product overview
The Las Vegas Monorail is a single, unified public transit product — an elevated, 100% electric rail system spanning 3.9 miles along the Las Vegas Strip with seven stations. The core offering is the Monorail ride itself, supplemented by ticketing products: One-Ride paper/mobile tickets and Unlimited-Ride passes (1-day through 7-day) available at both full fare (station TVMs and customer service desks) and discounted rates (online eTickets). Add-on offerings include Mobile Ticketing via Scan & Go QR codes, Group Ticketing for parties of 20+, Nevada Resident Discounts at $1 per ride, and the Show Your Ticket & Save discount program unlocking partner deals. All tickets grant access to the same Monorail route; the differentiated products serve different traveler profiles (tourists, residents, conventioneers, groups).
Differentiator
Problem solved
Functional benefit
Products and services
- Las Vegas Monorail An elevated, fully electric rail transit system running 3.9 miles along the Las Vegas Strip, connecting seven stations from SAHARA Las Vegas to MGM Grand, with trains arriving every 4-8 minutes.
- One-Ride Ticket A single-use paper or mobile ticket valid for one person for one trip between any two stations on the Monorail line. $6 paper / $5.50 electronic.
- Unlimited-Ride Passes Time-based passes (1-day, 2-day, 3-day, 4-day, 5-day, 7-day) granting unlimited trips for one person during consecutive operating hours, available as full-fare paper tickets or discounted eTickets.
- Mobile Ticketing (Scan & Go) QR code-based mobile tickets purchased online and scanned directly at Monorail fare gates, eliminating the need for paper tickets, with discounted rates available exclusively through online purchase.
- Group Ticketing Discounted bulk ticket purchases for parties of 20 or more, using promo code Groups23, with tiered pricing across all unlimited-ride pass durations.
- Nevada Resident Discount Locally priced single-ride tickets at $1 for Nevada residents, purchasable at customer service offices upon presentation of valid Nevada ID.
- Show Your Ticket & Save Program A discount program allowing Monorail ticketholders to unlock exclusive savings at Strip attractions, restaurants, nightclubs, shows, and shops by scanning a QR code on signs at stations or via the eTicket confirmation page.
- Advertising and Media Out-of-home advertising offerings including train exterior wraps, interior advertising, station platforms, faregate areas, and building wraps, visible to over 40,000 vehicles daily along the Strip.
Quantifiable outcome
- Carries over 5.4 million riders annually (2024)
- +4 more outcomes
Companies that use Las Vegas Monorail
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Las Vegas Monorail technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature4 records
Las Vegas Monorail partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- IntersectioncoreIntersection is the official advertising partner for the Las Vegas Monorail system. They manage all advertising sales including train wraps, station platforms, interior advertising, and convention center advertising opportunities. Contact: www.intersection.com/market/las-vegas, 10 Hudson Yards, 26th Floor, New York, NY 10001.
- Las Vegas Convention and Visitors Authority (LVCVA)coreLVCVA acquired the Las Vegas Monorail in December 2020 (sale finalized December 9, 2021) as part of efforts to preserve and improve transportation within the resort destination. LVCVA contracted Western Management Group, LLC to manage and operate the system.
Scale indicators11 records
Recent moves6 records
Expansion highlights4 records
Las Vegas Monorail competitors and assessment
Company assessmentOthers
- Intersection: The Las Vegas Monorail's official advertising sales partner, monetizing train wraps, station platforms, and convention-center advertising. Relevant as a strategic commercial counterpart and as an indirect read on the value of the system's out-of-home media inventory.
- Alstom (formerly Bombardier Transportation): Manufacturer of the Bombardier Innovia 200 monorail/automated people-mover vehicles used by the Las Vegas Monorail. Relevant as the OEM and potential service partner for fleet maintenance, modernization, and any future fleet replacement.
Broad incumbents
- Honolulu Authority for Rapid Transportation (HART): Operates the new Skyline rail system on Oahu, connecting to Honolulu International Airport and serving tourist-heavy Waikiki-bound traffic. Comparable as a recent elevated/grade-separated rail system in a major U.S. tourist destination.
- Regional Transportation Commission of Southern Nevada (RTC): The regional transit authority for the Las Vegas metro, operating bus routes including the Strip & Downtown Express (SDX). Comparable as the broader incumbent surface public-transit provider in the same geography, directly competing for Strip visitors.
- Walt Disney World Transportation: Operates monorails, buses, boats, and Skyliner gondolas at Walt Disney World. Comparable as a destination-resort transit network that includes a monorail component and serves tourist/leisure traffic on fixed routes.
Direct peers
- Seattle Monorail Services: Operates the Seattle Monorail, a short-route elevated monorail connecting Seattle Center to Westlake Center. It is the closest direct comparable to the Las Vegas Monorail in terms of an urban elevated monorail system carrying passengers along a fixed downtown corridor.
- Miami-Dade Transit (Metromover): Operates the Miami Metromover, a free elevated automated people mover in downtown Miami. Comparable as a downtown elevated people-mover system serving urban commercial corridors with multiple stations.
- Morgantown Personal Rapid Transit: Operated by West Virginia University, this is one of the few operating automated people-mover/rapid-transit systems in the U.S. Comparable as a small-scale elevated automated transit system with limited stations and a captive ridership base.
- Jacksonville Transportation Authority (Skyway): Operates the Jacksonville Skyway, an elevated automated people mover serving downtown Jacksonville. Comparable as a small-footprint elevated urban transit system with limited stations and a downtown-focused route profile.
- Detroit People Mover: Operates the Detroit People Mover, a 2.9-mile elevated automated people mover looping downtown Detroit. Closely comparable as a small, single-loop elevated people mover serving a concentrated downtown commercial/tourist district.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Las Vegas Monorail social profiles
Digital presenceLas Vegas Monorail financial estimates
Financial estimateRevenue estimate
Valuation estimate
Las Vegas Monorail leadership team
Management profileNumber of profiles
Profiles1 record
Las Vegas Monorail funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Las Vegas Monorail M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Las Vegas Monorail
What does Las Vegas Monorail do?
Las Vegas Monorail operates an elevated, 100% electric rail transit system running 3.9 miles along the Las Vegas Strip, connecting seven stations from SAHARA Las Vegas to MGM Grand. It sells one-ride tickets and unlimited-ride passes (1 to 7 days) via online, mobile, and station channels, and earns advertising revenue on its trains and stations.
Is Las Vegas Monorail a public or private company?
Las Vegas Monorail is a private company. It is classified as state government owned and is currently operating.
When was Las Vegas Monorail founded?
Las Vegas Monorail was founded in 2004. It employs 51 to 100 people.
Where is Las Vegas Monorail based?
Las Vegas Monorail is headquartered in Las Vegas, United States, in the North America region.
How does Las Vegas Monorail make money?
Two revenue lines are on record. Passenger Ticket Sales are the primary driver. The others are advertising and Media.
Who are Las Vegas Monorail's main competitors?
Others on record are Intersection and Alstom (formerly Bombardier Transportation). Broad incumbents are Honolulu Authority for Rapid Transportation (HART), Regional Transportation Commission of Southern Nevada (RTC) and Walt Disney World Transportation. Direct peers are Seattle Monorail Services, Miami-Dade Transit (Metromover), Morgantown Personal Rapid Transit, Jacksonville Transportation Authority (Skyway) and Detroit People Mover.
Does Las Vegas Monorail have an API?
No public API is recorded for Las Vegas Monorail.
What industry is Las Vegas Monorail in?
Las Vegas Monorail's product category is Public Transportation Services. Its primary akta.pro industry code is TLAFAEAF, Monorail Operators. Its NAICS code is 482.