Discover Los Angeles Market Outlook Forum - August 30, 2017
Only a few more days left to register for Los Angeles Tourism & Convention Board’s 5th annual Market Outlook Forum on Wednesday, August 30, an exclusive members-only event highlighting:
• Latest travel and tourism trends from industry experts
• Current visitation forecasts and industry data
• First look at L.A. Tourism’s global sales and marketing plans for FY 17/18
The lineup of special guest speakers include Roger Dow, president & CEO of U.S. Travel Association; William Chun, deputy mayor of economic development for Mayor Garcetti; Deborah Flint, CEO of Los Angeles World Airports; and Phillip A. Washington, CEO of Metro.
The complimentary event will take place at the new InterContinental Los Angeles Downtown. Network with the L.A. Tourism team and industry colleagues during a Member Mixer taking place after the program. Check your inbox for the link to RSVP.
Pacific Standard Time: LA/LA Launch Party - Sept. 14
You’re invited to celebrate the arrival of Pacific Standard Time: LA/LA (PST: LA/LA) with a free, daylong party at Downtown L.A.’s Grand Park on Thursday, Sept. 14. The party runs from noon to 10 p.m. and features music, food, drink, activities, giveaways and a chance to plan an itinerary for Southern California’s largest arts experience. Enjoy pop-up interactive installations, delicious fare from local food trucks and a themed bar.
For more information, please visit https://www.eventbrite.com/e/pst-lala-launch-party-tickets-36158074775
2017 TTMA Awards Luncheon - Oct. 4
The Travel and Tourism Marketing Association (TTMA) celebrates people and institutions that have fostered the success of the travel and tourism industry in Los Angeles and Orange County. The 2017 celebration will take place Wednesday, October 4 on the Warner Bros. Studio Tour Hollywood back lot.
This annual celebration includes recipients for the Anastasia K. Mann Award (AKM) and the TTMA Landmark Award. The AKM Award recognizes an individual who has selflessly worked to promote travel and tourism in their area.
TTMA is very proud to announce the 2017 award winners:
- Ernest Wooden Jr., President and CEO of the Los Angeles Tourism and Convention Board, will be celebrated as the AKM Award recipient.
- Warner Bros. Studio Tour Hollywood will be honored with the TTMA Landmark Award.
2017 TTMA Awards Luncheon
Wednesday, Oct. 4, 2017
Backlot at Warner Bros. Studio Tour Hollywood
11:30 a.m. to 2:30 p.m.
For tickets or more information, please visit https://www.eventbrite.com/e/2017-ttma-annual-awards-luncheon-tickets-34550988938
Discover L.A. Lookbooks
In partnership with American Express, Discover L.A. presents the most stylish guide to L.A. with a series of video ‘lookbooks’ for three neighborhoods: Downtown L.A., Hollywood and Venice Beach. A partner-specific initiative, the content showcases each neighborhood and the variety of places where one can use their American Express card. Different personalities correspond with distinct retailers and neighborhood vibe. The “lookbook” concept lives on a single Instagram post through a multi-swipe experience with the “pages” of the lookbook telling a cohesive “day-in-the-life” story. The video assets were created to live together, in a particular order.
INDUSTRY NEWS & NOTES
The Los Angeles City Council voted unanimously to authorize the City of Los Angeles to sign the Host City Contract with the International Olympic Committee for the 2028 Olympic and Paralympic Games. The City Council’s decision legally empowers LA to enter a tripartite agreement with the IOC and Paris, clearing the way for the IOC Membership to simultaneously award the Olympic Games 2024 to Paris and the Olympic Games 2028 to Los Angeles at the next IOC session in Lima, Peru, on September 13, 2017.
The Los Angeles Convention Center (LACC), managed by AEG Facilities, closed its Fiscal Year (FY) 2016-2017 with the largest financial and operational surplus, highest occupancy rate and hosted the most Citywide conventions and special events in the LACC’s 46-year history. The LACC reported an operating surplus of over $10.2 million; a 5% jump from the year prior. The impressive FY 2016-2017 results are not only in financial performance but also increases in total attendance and Citywide convention bookings, building improvement projects, sustainability metrics, positive client survey results and community involvement and corporate responsibility projects.
For Fiscal Year 2016-17, City of Los Angeles hotels reported a 0.3% year over year increase in occupancy (the fourth consecutive year it has been above 80%), a 3.7% increase in ADR and 4.0% increase in RevPAR. Total room nights sold held steady at 11.4 million.
L.A. County’s leisure and hospitality sector reported 526,600 jobs during June 2017. Leisure and hospitality’s increase of 6,600 jobs compared to May 2017 was the largest increase of the 11 super sectors. During Fiscal Year 16/17, the leisure and hospitality sector averaged 515,992 jobs. Compared to prior year, this was an increase of 15,275 jobs, or a 3.1% increase. In comparison, total nonfarm employment had a 1.9% increase over prior year.