The "No Vacancy" sign is flashing again at Las Vegas Strip resorts on Saturday nights, but industry experts say this tourism-dependent city still faces a long road to recovery.

CNN: Recovery: Widow's statement against fear

But in a possible sign of moderation, the Manhattan vacancy rate, which usually dips in the spring, fell below 1% for the first time this year.

WSJ: May's Rents Rose As Vacancies Fell