May 5, 2024 Breaking News, Latest News, and Videos

Santa Monica’s Tourism Industry May Take Two Years to Fully Recover

Tourism officials look domestically to attract new visitors

By Dolores Quintana

It may take two years for Santa Monica’s tourism industry to fully recover, as the city looks domestically rather than internationally to attract new visitors. 

“The ‘recovery and forecast’ research shows that slow but steady growth in tourism is in progress and that the road to recovery will be fraught with challenges known and unknown,” said Misti Kerns, President and CEO of Santa Monica Travel & Tourism (SMTT).

During SMTT”s annual submit, held virtually last month, officials said that Santa Monica hotels registered their highest occupancy rate since 2019 on Memorial Day, when it reached 90.5 percent, but more growth is still needed. 

“Midweek business is still needed to assist in stabilizing occupancy and conference business and international leisure needs to return before that can happen, so a full recovery is not anticipated until 2023-2024,” reads a press release from SMTT. 

In an attempt to recover their share of the tourism market, SMTT has adopted a “drive market” strategy. Rather than waiting for the market to recover on its own, they are seeking to bring tourists back by anticipating the market and the needs of those tourists through marketing research and prudent application of the research findings. 

Part of SMTT’s new strategy is looking domestically rather than internationally to attract new tourists. Santa Monica’s tourism industry was comprised of 51 percent international visitors in 2019, which fell to 24.9 percent in 2020. 

‘While increasing international visitation remains the primary objective, a steady tourism recovery in 2021 now focuses on a drive market strategy with reach into California, Texas, Arizona, Nevada and Florida,” SMTT said. 

At the annual summit, Lauren Schlau, President, Lauren Schlau Consulting, presented a travel outlook for Santa Monica, along with trends that are impacting domestic and international tourism. According to Schlau, the domestic visitor trend will continue into 2022 for Santa Monica, while the share of international visitors should increase starting this month, when the U.S. allows more countries to visit as reported. 

Looking to 2022, Schlau predicted rising per-capita and total spending, still well below 2019 but above 2021 levels. 

“Assumptions for 2022 include increasing demand with more international and business travel; room rates will continue to rise above the inflation rate; and no new supply in 2022 and beyond, although many properties are refurbishing, repositioning and improving product and service – this may result in some guest displacement and higher room rates, during peak periods,” SMTT said.

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...