May 4, 2024 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

Wise & Healthy Aging Goes Gray on Denim Day

May 3, 2024

May 3, 2024

In observance of April’s Sexual Assault Awareness Month, a nonprofit that advances the dignity and quality of life for older...

Beck to Perform at Venice Family Clinic’s Inaugural HEART Gala

May 3, 2024

May 3, 2024

Among the expected talent attendees are Anjelica Huston, Chuck Lorre, Elisabeth Shue, Richard Chamberlain, Robby Krieger, Tom Morello Venice Family...

Santa Monica Mayor Joins Karen Bass in Urgent Talks on Homelessness Crisis

May 3, 2024

May 3, 2024

City Leaders Lobby Federal Lawmakers for Solutions During Washington DC Visit Santa Monica Mayor Phil Brock joined Los Angeles Mayor...

UCLA Faculty Group Demands Amnesty for Palestine Protesters, Issues Statement of Support

May 3, 2024

May 3, 2024

Faculty Calls for Legal Protection After Violent Crackdown on Campus Demonstration A group of UCLA faculty members have issued a...

(Video) New Interactive Kiosk Gives Downtown Passerby Details on Local Attractions, Public Transit

May 3, 2024

May 3, 2024

The Kiosk Will Reportedly Give the City of Santa Monica 50% of Revenue @smmirrornews The Kiosks are a new fun...

Police Seek Suspect Who Burglarized Downtown Santa Monica Office Building

May 2, 2024

May 2, 2024

The Building Houses the Offices of a Legal Services Company and a Local Newspaper By Zach Armstrong An investigation is...

Human Rights Play Center Stage with Two Award-Winning Films Opening this Weekend at Laemmle Monica Film Center

May 2, 2024

May 2, 2024

Cinema Libre Studio, a Burbank-based independent distribution company with a focus on social issue films, has two powerful films opening...

UCLA Gaza Solidarity Encampment Dismantled After Night of Counter Protesters’ Violence

May 2, 2024

May 2, 2024

LAPD and Other Agencies Sent in For “Student Safety”, Students Arrested  The UCLA Gaza Solidarity Encampment was removed during the...

UCLA Gaza Solidarity Encampment Attacked by Counter-Protesters During the Night/Early Morning Hours

May 2, 2024

May 2, 2024

Violence Erupts as Demonstrators Face Aggression During Tense Overnight Attacks On the night and early morning of April 30 into...

(Video) Footage of the Violent Counter Protesters at UCLA. TW: For Language and Violence

May 2, 2024

May 2, 2024

This reporter was grabbed and cursed at the end of the video. @smmirrornews Footage of the Violent Counter Protesters at...

Reactions From Local Authorities About the Violent Attacks April 30 at UCLA

May 2, 2024

May 2, 2024

Condemnation for the Incident and How it Was Handled Pour In After the terrifying events on the night and early...

Cinco de Mayo Festival Coming to Oakwood Park This Weekend

May 1, 2024

May 1, 2024

Revelers Can Expect to Be Entertained by Aztec Dancers, Grupo la Rosa Folklorico Dancers, and Charro (Mexican Dancing Horses) The...

These Bike-Centric Events Are Coming to Santa Monica This Month

May 1, 2024

May 1, 2024

The Festivities Extend Beyond May, With the Aids/Lifecycle Finish Line Festival on June 8 As Bike Month kicks off, the...

Hotel Labor Disputes End in Santa Monica

May 1, 2024

May 1, 2024

Key Highlights of the Agreement Include $5 per Hour Raise in the First Year, and Wage Increases of up to...

“Days Like These” Art Exhibition Coming to Bruce Lurie Gallery

May 1, 2024

May 1, 2024

Featured Artists Hail From the Florida Panhandle and Cleveland, Ohio “Days Like These,” an exhibition showcasing the latest paintings from...