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LOS ANGELES 2017 TOURISM QUICK FACTS

HIGHLIGHTS OF THE YEAR VISITATION    

In 2017 Los Angeles achieved a record high with 48.3 million overnight and day visitors, an increase of 2.2% over the previous year. Of those total visitors, approximately 31.8 million were overnight, up 2.4% from last year. Domestic overnight visitation increased by 2.8% as a record breaking 24.7 million domestic visitors came to Los Angeles last year. International visitation increased by 0.9% in 2017, as 7.1 million foreign residents came to L.A. last year, an all-time high.

DIRECT VISITOR SPEND (2016)*  

Direct visitor spend totaled $21.9 billion in 2016, a 6.3% increase over 2015, also a record high. Spending by domestic day and overnight visitors totaled $15.0 billion, while spending by international visitors totaled $6.9 billion. *2017 spend figures are expected to be available August 2018

LODGING PERFORMANCE   

2017 Los Angeles Occupancy rate was 80.0%, ADR was $175.98 and RevPAR was $140.85. The YOY% change over 2016 for Occupancy was down -1.6%, ADR increased 2.4% and RevPAR increased by 0.8%. 19 new hotels opened in 2017 resulting in a room supply increase of 2.3% over 2016.

LOS ANGELES OVERNIGHT & DAY VISITORS In 2017 Los Angeles achieved a record high of 48.3 million overnight and day visitors 50.0 40.4

42.2

41.4

44.2

40.0

45.6

14.7

15.3

47.3

48.3

16.2

16.5

13.4

13.5

13.7

27.9

28.5

29.5

30.3

31.1

31.8

27.0

2011

2012

2013

2014

2015

2016

2017

30.0

20.0

10.0 Total Overnight Visits (Dom + Intl) Source: Tourism Economics; Smith Travel Research

LAST UPDATED FEBRUARY 2018

Day Visits


LOS ANGELES 2017 TOURISM QUICK FACTS

NUMBER OF OVERNIGHT VISITORS TO LOS ANGELES 2017 Total Overnight Visitors Volume: 31.8 Million Domestic (Overnight): 24.7M | International: 7.1M 35.0 30.0

25.7

25.0

23.8

26.1

27.0

27.9

2010

2011

2012

29.5

30.3

31.1

31.8

28.5

2013

2014

2015

2016

2017

20.0 2008

2009

OVERNIGHT VISITOR SPENDING IN LOS ANGELES (2016*) 2017 Total Overnight Visitor Spending: $20.8 Billion Domestic (Overnight): $13.9B | International: $6.9B $25.0 $20.0

$15.8

$16.3

2007

2008

$15.0

$13.1

$14.5

$15.5

$16.6

2009

2010

2011

2012

$18.7

$19.6

$20.8

$17.5

2013

2014

2015

2016

$10.0

*2017 spend figures are expected to be available August 2018

LOS ANGELES OVERNIGHT VISITOR MARKET SEGMENTATION International tourists represent 22% of overnight visitors but generate 33% of total spend PRIMARY PURPOSE OF VISIT

4% International Business 18% International Leisure 17% Domestic Business

OVERNIGHT VISITOR SPEND

33% International

61% Domestic Leisure

LOSTourism ANGELES TOP Smith INTERNATIONAL Source: Economics; Travel Research;MARKETS Longwoods International

LAST UPDATED FEBRUARY 2018

68% Domestic


LOS ANGELES 2017 TOURISM QUICK FACTS

2017

% Change over 2016

China (Excluding Hong Kong) Australia UK Japan South Korea France Germany Scandinavia Middle East India Brazil

Overseas Markets

1,065,000 411,000 368,000 342,000 315,000 281,000 240,000 183,000 136,000 121,000 92,000

6.0% -2.4% 2.0% 0.6% 6.3% 1.2% 1.7% 1.1% -14.3% 4.0% -8.6%

Total Overseas

4,643,000

1.6%

Mexico Canada

1,708,000 747,000

-2.8% 5.5%

Total International

7,098,000

0.9%

Source: Tourism Economics

2016* TOP 15 DOMESTIC OVERNIGHT VISITOR MARKETS AS A PERCENT OF TOTAL DOMESTIC OVERNIGHT VISITATION Los Angeles 5-county area

20.1%

San Francisco Bay area

11.5%

New York City area

8.1%

San Diego

5.8%

Sacramento

4.3%

Phoenix

4.2%

Chicago

3.9%

Seattle

2.9%

Las Vegas

2.9%

DC/Baltimore

2.8%

Denver

2.4%

Fresno

2.4%

Portland

2.1%

Dallas/Fort Worth

1.9%

Boston

1.7%

0.0%

5.0%

10.0%

15.0%

*2017 figures are expected to be available August 2018

LEISURE & HOSPITALITY JOBS Source: Longwoods International; Los Angeles Tourism & Convention Board

LAST UPDATED FEBRUARY 2018

20.0%

25.0%


LOS ANGELES 2017 TOURISM QUICK FACTS

Leisure & Hospitality (L&H) is on the leading industries in L.A. County, averaging 518,400 jobs in 2017. The L&H sector grew by 7,700 new jobs (a +1.5% increase) over 2016 and represents nearly 1 out of every 9 jobs within the entire county. Source: CA EDD

AIR TRAVEL In 2017 LAX ranked the 2nd busiest airport in the U.S. following Atlanta International Airport PASSENGER TRAFFIC FOR LOS ANGELES AREA AIRPORTS IN 2017:

   

Los Angeles International Airport (LAX) Hollywood Burbank Airport Ontario International Airport Long Beach Airport

Annual Volume

YOY % Change

84,557,968 4,739,466 4,552,225 3,783,805

+4.5% +14.4% +7.1% +33.0%

Note: Airport traffic figures include outbound and returning local area residents in addition to visitors Source: Individual airport websites

2017 LOS ANGELES COUNTY LODING PERFORMANCE In 2017, Los Angeles had the 6th largest supply of U.S. hotel rooms with 102,102 rooms at 1,022 properties.

Markets

Occupancy

ADR

RevPAR

Los Angeles County

80.0% (-1.6%)

$175.98 (+2.4%)

$140.85 (+0.8%)

Top 25 Markets

73.7% (+0.6%)

$153.81 (+1.7%)

$113.41 (+2.2%)

U.S. National Average

65.9% (+0.9%)

$126.72 (+2.1%)

$83.57 (+3.0%)

2015

2016

2017

Number of Room Nights Sold

28,532,000

29,221,000

29,370,000

Difference Over Previous Year

+481,000

+689,000

+149,000

% Change Over Previous Year

+1.7%

+2.4%

+0.5%

L.A. County Room Demand

Source: Smith Travel Research; Tourism Economics

LAST UPDATED FEBRUARY 2018

2017 Quick Facts (v1 jan 2018)  
2017 Quick Facts (v1 jan 2018)  
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