LATCB AT WORK – JUNE 2014

06/11/2014

Discover Los Angeles

LATCB joined the Brand USA Pavilion with 11 of their partners, a record number of exhibitors, at the Arabian Travel Market (ATM) May 5-8 in Dubai. ATM is the region’s leading travel tradeshow dedicated to the Gulf/Middle East, with over 2,000 exhibitors showcasing a diverse range of travel options, tourist attractions and new airline routes. LATCB exhibited for the first time primarily due to new and expanding air service from the Gulf region to LAX, and to work to source new incremental business from the Gulf region. LAWA management staff attended and met with several airilines and travel trade from the Gulf region. An estimated 16,500 travel trade professionals attended the four-day tradeshow.

WHAT’S COMING – JUNE 2014

06/11/2014

Discover Los Angeles

Join us for the next LATCB monthly Member Mixer coming up on Thursday, June 26, 5:30 p.m. - 8:00 p.m. at Lexington Social House, located at 1718 Vine St., Hollywood, CA 90028. Enjoy a complimentary cocktail, hors d'oeuvres and networking with your industry peers at this gorgeously designed night club and restaurant. Our monthly Member Mixers are a great opportunity to meet many of your fellow LATCB members from a wide variety of L.A.-area tourism and hospitality businesses, while enjoying some of the L.A. area’s unique venues. Mark your calendar!
To RSVP, click here.

NEWS & NOTES – JUNE 2014

06/10/2014

Discover Los Angeles

The Los Angeles City Council has approved $10 million in short-term enhancements for the Los Angeles Convention Center (LACC). The improvements will begin later this year, and include aesthetic improvements of the interior of the Concourse Hall, Concourse Walkway, and Hall G, H, J, and K lobby areas; complete renovation of the LACC’s Theater; upgraded dimmable lighting controls for meeting rooms; and upgrades to the air-walls, HVAC, escalators, elevators and security systems. A new energy-efficient “green roof” will be installed on the South Hall to help keep the building cool while reducing energy usage.

The City Council also approved the "Plan B" concept to modernize and expand the LACC. The City and LACC developed “Plan B” as a parallel path to AEG's "Plan A" proposal to build an NFL football stadium and modernize LACC, which is contingent upon NFL agreeing to place a team in L.A. Under Plan B, a design contest would be held for more than two dozen architectural firms happening this year.

April 2014 Lodging Metrics

06/09/2014

Discover Los Angeles

 

  • Los Angeles ranked 5th place among the Top 25 Markets with an Occupancy rate of 80.4%, up +3.9% compared to the same period last year (77.4%). 
  • Los Angeles ADR was $144.91 and ranked 8th among the Top 25 Markets, up +4.7% compared to the same period last year ($138.36).
  • Los Angeles RevPAR was $116.47 and ranked 8th among the Top 25 Markets, up +8.8% compared to the same period last year ($107.04).
  • Rooms nights sold were 2.34 million countywide, reflecting a +4.4% increase over April 2013 (2.24 million room nights). 
  • The LAX area (87.3%) and Santa Monica/Marina Del Rey (86.9%) both reported the highest Occupancy rate for the month.  
  • Santa Monica/Marina Del Rey (+15.1%) and South Bay (+14.1%) reported the largest YOY RevPAR growth.

  

Words from Wooden – June 2014

06/05/2014

Discover Los Angeles

As the summer travel season heats up, I am proud to share some significant positive news for Los Angeles’ tourism community, as well as continuing high levels of hotel occupancy, new hotel openings and more.

WHAT’S COMING – MAY 2014

05/04/2014

Los Angeles Tourism

Join us for the next LATCB monthly Member Mixer coming up on Thursday, May 29, 5:30 p.m. - 8:00 p.m. at Rose Bowl Stadium located at 1001 Rose Bowl Dr., Pasadena, CA 91103. Enjoy a complimentary cocktail, hors d'oeuvres and networking with your industry peers. Our monthly Member Mixers are a great opportunity to meet many of your fellow LATCB members from a wide variety of L.A.-area tourism and hospitality businesses, while enjoying some of the L.A. area’s unique venues. Mark your calendar!

LATCB AT WORK – MAY 2014

05/04/2014

Los Angeles Tourism

From April 1-30, the LATCB International Team hosted four FAM trips to allow travel trade professionals to experience L.A.’s attractions and our members and partners in person, with groups from Australia (3 guests), Japan (11 guests), and the U.K. (10 guests). 

March 2014 Lodging Metrics

05/02/2014

  • Los Angeles ranked 9th place among the Top 25 Markets with an Occupancy rate of 80.3%, up +5.3% compared to the same period last year (76.3%).
  • Los Angeles ADR was $141.60 and ranked 8th among the Top 25 Markets, up +6.8% compared to the same period last year ($132.63).
  • Los Angeles RevPAR was $113.76 and ranked 7th among the Top 25 Markets, up +12.5 compared to the same period last year ($101.15).
  • Rooms nights sold were 2.42 million countywide, reflecting a +5.9% increase over March 2013 (2.28 million room nights).
  • The LAX area (87.4%) and Hollywood/Beverly Hills (84.5%) both reported the highest Occupancy rate for the month. 
  • Pasadena/Glendale/Burbank (+17.4%) and Los Angeles East (+17.0%) reported the largest YOY RevPAR growth.

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