LA Tourism Leaders To Residents: Spend Your Money Here As Businesses Reopen
With L.A. County entering the yellow tier tomorrow, travel and leisure are back on the itinerary. And tourism leaders hope Californians will spend their travel dollars closer to home.
The pandemic gutted L.A. County's tourism industry.
Adam Burke, the president and CEO of the Los Angeles Tourism and Convention Board, says last year:
- Revenues dropped 60%
- The number of visitors fell by nearly in half
- 180,000 workers in travel and tourism lost their jobs — about 33% of all industry jobs
He says spending money here will get more people back to work.
"We are a demand-based business," he says. "It's not 'if you build it, they will come.'"
Burke told us demand is looking up, though.
"In January, Los Angeles hotels averaged 42% occupancy," Burke said. "Fast forward to April, that's up to 62% occupancy.'"
Oxford Economics says it will take until 2024 for the global tourism industry to reach pre-pandemic levels of visitations and spending.