Words from Wooden - July 2016

President and CEO Ernest Wooden Jr., LATCB
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The summer travel season is in full swing with millions of visitors from around the globe choosing Los Angeles as their ultimate getaway destination and getting lost in an L.A. sunset, an epic taco, our street art and more.

And there couldn’t be a better time to explore one of America’s greatest dining destinations as dineL.A. ® Summer Restaurant Week returns July 18-31. With more than 300 of the most acclaimed and popular restaurants participating, dineL.A. Restaurant Week is the best way to eat your way through L.A.’s incredibly diverse culinary scene.

I’m delighted to report that more than $21.6 million in Transient Occupancy Tax (TOT) was generated in June, a 15% year-over-year increase. This puts our cumulative total for FY 15/16 at $229.9 million – a new record – and approximately $27 million greater than last year.

As our industry continues to break records across the board, I highly encourage you to register for L.A. Tourism’s fourth Market Outlook Forum on August 25, 2016. Our annual strategic forecasting conference will help you capitalize on L.A.’s record tourism growth and prepare you to welcome the millions of future L.A. visitors. You’ll be the first to receive L.A. Tourism’s proprietary 2016 Marketing and Planning Resource, a definitive guidebook filled with up-to-date L.A. tourism industry data. The Forum is complimentary to all members and I hope to see you all there. Be sure to register soon, space is limited.

These are just a few of the many updates on L.A. Tourism and our industry we have for you this month. As always, we’ll be here, working on behalf of all of our members and partners to keep the world coming to Los Angeles.
 
Best wishes,


Ernest Wooden Jr.
President and CEO
Los Angeles Tourism & Convention Board

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