L.A. Tourism Board Announces Record Tourism and Visitor Spending during National Travel & Tourism Week Celebration: 44.2 Million Visitors Spent $19.6 Billion in 2014
LOS ANGELES – Los Angeles Tourism & Convention Board (L.A. Tourism) today announced L.A.’s record-breaking visitation, visitor spending and tourism job growth for 2014. The announcement was made to coincide with this week’s National Travel & Tourism Week, an annual nationwide event established by Congress and organized by the U.S. Travel Association to celebrate the power of travel.
Los Angeles welcomed 44.2 million visitors in 2014 – a final total which exceeds previously reported estimates – an increase of 4.8% over 2013 levels. Total domestic visitation reached 37.7 million visitors and domestic overnight visitation achieved 23 million visitors. International visitation, an ever-important segment of the market, reached new levels at 6.5 million visitors, a 5.6% percent increase over 2013.
Record visitor spend of $19.6 billion increased 6.8% from the previous year, generating $30.2 billion in total economic impact including the induced and indirect benefits. International visitors, who tend to stay longer and spend more during their visit, accounted for nearly 33% of all visitor spending. Tourism generated $2.3 billion in state and local tax revenues in 2014.
L.A.’s tourism industry was a significant driver for jobs in the Leisure & Hospitality sector, one of the area’s largest and strongest economic sectors, which helped support 464,600 jobs and employed 1 in every 9 workers in L.A. County. Tourism contributed to the addition of 25,300 new jobs in the sector last year, making it the County’s leading job growth sector.
For more information, visit Los Angeles Tourism & Convention Board