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September 2014 Lodging Metrics

11/17/2014

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• Los Angeles ranked 8th place among the Top 25 Markets with an Occupancy rate of 76.7%, the same as September 2013.
• Los Angeles ADR was $143.57 and ranked 8th among the Top 25 Markets, up +7.3% compared to the same period last year ($133.83).
• Los Angeles RevPAR was $110.18 and ranked 8th among the Top 25 Markets, up +7.3% compared to the same period last year ($102.66).
• Rooms nights sold were 2.25 million countywide, reflecting a +1.6% increase over September 2013 (2.22 million room nights).
• The LAX area (85.0%) and Santa Monica/Marina Del Rey (83.0%) both reported the highest Occupancy rate for the month. 
•  Long Beach (+12.9%) and LA East (+11.3%) reported the largest YOY RevPAR growth.
 

News & Notes - September 2014

09/05/2014

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Tom Mullen has been named LATCB’S Chief Administrative Officer, overseeing all operating functions including finance, human resources, member and visitor relations, as well as responsibility for new business development.

A seasoned travel and retail executive, Mullen joined LATCB in June, 2013, as Senior Vice President, Strategic Alliances.  Prior to that, he spent more than 20 years with American Express Travel Related Services, Inc. in a variety of positions including Vice President, Sales and Account Development, Merchant Services America, where he managed more than 1,600 merchant relationships throughout Los Angeles, Northern California and Hawaii; General Manager, Travel Services, Hawaii, Guam and Micronesia; Director, Merchant Services, Hawaii; Manager, Business Development and Strategic Planning; Manager, Finance & Administration; and Financial Analyst.

Mullen has also been very involved with the Los Angeles travel industry, serving two terms as Chairman of LATCB’s Board of Directors from 2009-2013.

NEWS & NOTES - AUGUST 2014

08/14/2014

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Register TODAY for LATCB’s 2nd Annual Market Outlook Forum, August 20 at the Los Angeles Convention Center to ensure your spot – only 50 seats remain! The LATCB Market Outlook Forum is the strategic forecasting conference for any business interested in capitalizing on L.A.’s record tourism growth. Los Angeles welcomed a record 42.2 million visitors from around the globe in 2013, making it one of the most-visited destinations in the U.S., and forecasts call for continued growth with 50 million visitors by 2020. This valuable event will help you prepare to welcome them and benefit from the tremendous anticipated growth in visitation. Hear the latest trends from industry experts, get the latest L.A. visitation forecasts and industry perspectives, learn what other successful businesses are doing at panel discussions, get the first look at LATCB’s sales and marketing plans for the year ahead, and get your Marketing and Planning Resource Book filled with L.A. market analysis, visitor profiles, spending habits and more, and learn how to participate in LATCB activities to maximize the value of your membership. 

$199 for LATCB Members. $249 for Non-Members.

Last year’s event sold out and space is limited.

Click Here to View the Full Event Schedule

Words From Wooden - August 2014

08/14/2014

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Greetings,

Hope all of you are having a great summer. It certainly has been a busy summer for L.A.! In fact, for the first week of August, our hotel occupancy hit a staggering 93.6%

LATCB AT WORK – AUGUST 2014

08/14/2014

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LATCB’s international marketing department hosted a FAM tour (June 24-July 1) for team members from Imaginadora, LATCB’s newly appointed Brazil representatives. 

Words from Wooden – July 2014

07/09/2014

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The summer travel season is at its peak, and while millions of visitors from around the world and across the country are enjoying L.A.’s gorgeous beaches, attractions and summer outdoor entertainment, we at LATCB are hard at work preparing for our second Market Outlook Forum.

WHAT’S COMING – JULY 2014

07/08/2014

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LATCB recently rolled out new digital visitor information kiosks at several major tourist destinations across Los Angeles. The kiosks will be placed in areas with very high tourist foot traffic. They offer visitors an interactive touchscreen that enables them to quickly and easily find hotels, transportation, attractions, and special deals near their location, or anywhere in L.A. and purchase tickets on-site. The kiosks provide an informative resource for visitors, and a valuable marketing opportunity and direct point-of-sale tool for LATCB members and partners. Watch for announcements about advertising opportunities on the kiosks in the coming weeks. For more information, please contact Manager of Strategic Alliances Yasmin Moaven at [email protected].

NEWS & NOTES – JULY 2014

07/08/2014

Discover Los Angeles

Register before July 11 for LATCB’s 2nd Annual Market Outlook Forum, August 20 at the Los Angeles Convention Center, and save $40. The LATCB Market Outlook Forum is the strategic forecasting conference for any business interested in capitalizing on L.A.’s record tourism growth. Los Angeles welcomed a record 42.2 million visitors from around the globe in 2013, making it one of the most-visited destinations in the U.S., and forecasts call for continued growth with 50 million visitors by 2020. This valuable event will help you prepare to welcome them and benefit from the tremendous anticipated growth in visitation. Hear the latest trends from industry experts, get the latest L.A. visitation forecasts and industry perspectives, learn what other successful businesses are doing at panel discussions, get the first look at LATCB’s sales and marketing plans for the year ahead, and get your Marketing and Planning Resource Book filled with L.A. market analysis, visitor profiles, spending habits and more, and learn how to participate in LATCB activities to maximize the value of your membership. $159 for LATCB Members. $209 for Non-Members. After, July 11, $199 for members and $249 for non-members. Last year’s event sold out and space is limited, so reserve your spot today.

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