July 1, 2022 Breaking News, Latest News, and Videos

Tourism & Convention Board Announces Record High Numbers Injected into LA County’s Economy

The Los Angeles Tourism & Convention Board announced Tuesday that a record-setting 47.3 million visitors injected an all-time-high $21.9 billion into Los Angeles County’s economy in 2016.

The new visitor spending milestone is $1.3 billion more than 2015’s total, an increase of 6.3 percent, according to the local tourism board, which timed the announcement to coincide with National Travel and Tourism Week.

Traveler spending generated $33.6 billion in total economic impact for Los Angeles County, including induced and indirect benefits, according to the nonprofit tourism/ marketing board.

Tourism supports 510,500 jobs within the Leisure & Hospitality sector in the region, according to the board, which reported the industry contributed to the addition of 21,400 new jobs last year — a 4.4 percent year-over-year increase.

“This is L.A.’s moment. We’re breaking tourism records every year, and this is only the beginning,” said Mayor Eric Garcetti. “This National Travel and Tourism Week, we are celebrating our thriving tourism industry and looking ahead at the limitless opportunity to come with attractions like the Lucas Museum and a potential Summer Olympics that will cement Los Angeles’ standing as the world’s best destination.”

L.A. County’s average occupancy rate for 2016 reached 81.3 percent, surpassing 80 percent for the first time in county history, with a record 29.2 million hotel room nights sold countywide.

City of L.A. hotel visitors generated $268 million in transient- occupancy tax collections for the city, which welcomed a record 47.3 million visitors in 2016. Of that number, 40.3 million were domestic visitors and 7 million were international visitors.

Business people on pavement catching falling money

in News
Related Posts

PETA Attempts to Stop the Beach Club From Holding Annual Fireworks Display

July 1, 2022

July 1, 2022

Parking lot where display is held is on City of LA land, not Santa Monica, allowing Club to obtain permit...

Santa Monica-Malibu Unified School District Prepares for SMASH/Muir Campus Mold Removal

June 30, 2022

June 30, 2022

Exact costs for repairs still unknown By Dolores Quintana and Sam Catanzaro  It is unknown exactly how much the total...

Watering Restrictions for Santa Monica Residents Take Effect Soon

June 30, 2022

June 30, 2022

New restrictions will go into effect on July 5, limiting watering to twice a week By Sam Catanzaro New restrictions...

Daily Harvest Recalls Meal Kits Handed out at Venice Event Following 470 Cases of Mysterious Illness

June 30, 2022

June 30, 2022

Direct-to-consumer meal kit company under fire for handling of outbreak tied to lentil and leek meal kit By Sam Catanzaro...

Central Coast Brewery Makes Westside Acquisitions

June 29, 2022

June 29, 2022

Figueroa Mountain Brewing acquires Broxton Brewery, The Stalking Horse and more. Staff, current beer taps to remain on board at...

Mexican Restaurant Possibly Expanding Into Former Swingers Space

June 29, 2022

June 29, 2022

Bar Hermanito applies for an alcohol exemption sales permit for space at 802 Broadway in Santa Monica By Dolores Quintana...

Six Family-Fun Westside Fourth of July Events

June 29, 2022

June 29, 2022

Fireworks, parades, runs and more taking place across the Westside  By Ashley Sloan  Pacific Palisades  The Pacific Palisades will be...

California Credit Union Awards Grant to Santa Monica Teacher

June 29, 2022

June 29, 2022

Building electric circuit friendship detectors and applying engineering principles to solve real world problems are Westside school projects receiving funding...

Santa Monica’s Building Bridges Art Exchange Presents: J.J. Martin’s “Role Models”

June 28, 2022

June 28, 2022

A traveling exhibit in partnership with Indianilla Cultural Center, Mexico City and Real de Catorce Cultural Center, Real de Catorce,...

Santa Monica City Council Approves New Rules to Streamline Meetings

June 28, 2022

June 28, 2022

Pilot program will run through end of year By Dolores Quintana At the Santa Monica City Council meeting on June...

Banning Construction of New Gas Stations in Los Angeles?

June 28, 2022

June 28, 2022

Motion from LA City Councilmember Paul Koretz calls for banning the building of any new gas pumping facilities By Sam...

Child Of Elon Musk Receives Approval For Name And Gender Change: Santa Monica Beat – June 27th, 2022

June 27, 2022

June 27, 2022

Local news and culture in under 5 minutes.* Child Of Elon Musk Receives Approval For Name And Gender Change * Smash...

Pico Boulevard Affordable Housing Project Tops Out

June 27, 2022

June 27, 2022

Brunson Terrance coming to 1819 Pico Boulevard in Santa Monica By Dolores Quintana Community Corp. of Santa Monica has completed...

The Los Angeles Real Estate Market May Finally Be Slowing Down

June 24, 2022

June 24, 2022

Real estate sales drop 21 percent in past year By Dolores Quintana The Los Angeles real estate market is showing...

Redevelopment Complete of Former Westside Pavilion Macy’s

June 24, 2022

June 24, 2022

Developer announces complete of West End at Pico and Overland Developer HLW, on behalf of GPI Companies and in partnership...