Los Angeles Tourism Marketing District. Tourism is LA’s #1 Industry Industry 1. Tourism 2....
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Transcript of Los Angeles Tourism Marketing District. Tourism is LA’s #1 Industry Industry 1. Tourism 2....
Tourism is LA’s #1 Industry
Industry
1. Tourism
2. Professional Business Services
3. Direct International Trade
4. Entertainment
5. Wholesale Trade & Logistics
The CompetitionSales and Marketing Budgets
$0.0
$10.0
$20.0
$30.0
$40.0
$50.0
$60.0
$70.0
Las Vegas Orlando New York San Diego San Francisco Chicago ** Los Angeles* Los Angeles/LAWA*
$32.1M
$26.0M$23.0M
$18.4M
$9.4M
*$5.2 Million restricted for international marketing
**Chicago is exploring the establishment of a TMD.
$94.3M
$54.2M
$5.2M
What is a TMD?
• A business based hotel assessment district of LA City hotels.
• The percentage assessment determined by hotel community.
• Assessment fee is paid by hotel guests.
• Funds dedicated to sales and marketing of Los Angeles.
Why a LA Regional TMD?
• Create sustainable revenue source for marketing Los Angeles and its communities.
• Increase advertising and promotion dollars to effectively compete in domestic leisure markets.
• Add dedicated meeting/convention sales staff to address specific needs of LA’s regions: Downtown, Airport Area, Valley, Westside and South Bay.
• Stimulate and grow the tourism related employment and tax base.
44 California Cities Currently Administer TMD/TID Assessments
SAMPLE CITIES TID ASSESSMENT
Carlsbad $1.00/night
Costa Mesa 2%
Folsom 2%
Huntington Beach 1%
Laguna Beach 2%
Lodi 3%
Long Beach 3%
Pasadena 2.89%
San Diego 2%
San Francisco 1.5%
San Luis Obispo 2%
Santa Clarita $1.00/night
Stockton 2%
Temecula 2%
West Hollywood 1.5%
15 California cities are currently in process of possible TID formation including: Anaheim, Napa County, Newport Beach, Oakland, Santa Barbara, Santa Cruz
Hotel Steering Committee Decisions
What is the room threshold for inclusion in the TMD? – 50+ Rooms
What will be the percentage of assessment? – 1.5% Assessment
Will the assessment be consistent for all regions of the City of Los Angeles? – Consistent for all regions.
What body will govern the TMD – LA Tourism Marketing District Management Corporation
How Los Angeles Compares
CITY TOT EXTRA FEES TOTAL TOT AND FEES
Boston 14.70% 2.75% 17.45%
Anaheim* 15.00% 2.00% 17.00%
Chicago* 15.39% 1.50% 16.89%
Seattle* 15.60% 1.00% 16.60%
San Francisco 14.00% 1.50% 15.50%
Los Angeles 14.00% 1.50% 15.50%
New York 13.38% 1.75% 15.13%
San Diego 10.50% 2.00% 12.50%
Palm Springs 13.50% 2.00% 15.50%
Long Beach 12.00% 3.00% 15.00%
Burbank 10.00% NA 10.00%
Glendale 10.00% NA 10.00%
Source: Smith Travel Research
* Anaheim, Seattle and Chicago are pursuing additional district assessment scenarios.
Increase Visitation to Los Angeles
Advertising & Promotions• National advertising (TV, Print and On-line)• Consumer targeted promotions • Media and public relations• International marketing and advertising
Drive Weekend and Local Visitation
• Discover the Arts
• Red Carpet Summer
• Fall for LA
• Cruise LA
• Dine LA
Increase On-line Presence
• 3 Million Visitors Annually
• Accommodation Listings
• Travelocity Booking Engine
• Regional Guides
• Special Offers Section
• Five Languages• English• Chinese• Japanese• Korean• Spanish
Expand Social Media Outreach
• Over 120,000 + Facebook fans
• Over 4,000 + Twitter followers
• YouTube Channels
Research To Help Your Business
• Monthly Travel Pulse
• Monthly Industry Updates
• Travel Perspective Studies
• Strategic Planning Report
• Convention Calendar
Reach Visitors in Los Angeles
• 1.5 Million Visitors Annually
• Visitor Information Centers• Downtown• Hollywood & Highland• LA Convention Center• Port of LA Terminal (kiosk)
Leverage Events in Los Angeles
• Annual Events• ESPN X Games• Rose Bowl / BCS Championship
• Collegiate Sporting Events
• Youth Sports Tournaments