LOS ANGELES TO HOST ‘WATERSHED’ MOMENT AS U.S. TRAVEL’S IPW CONVENTION RETURNS
Nation’s Largest Inbound Travel Show Descends on LA for First Time in 12 Years May 3-7, Generating Estimated $5.5 Billion in Future Business for U.S. Travel Economy
LA to Welcome 5,700 Delegates with Key Events at Getty Center, Los Angeles Memorial Coliseum and Universal Studios Hollywood
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¿ For the first time in 12 years, Los Angeles Tourism & Convention Board is proud to welcome the U.S. Travel Association’s IPW—the largest inbound travel trade show—to Los Angeles, from May 3-7. The Los Angeles Convention Center will serve as the main backdrop for IPW with key events being held throughout the city, including the Getty Center, the Los Angeles Memorial Coliseum in Exposition Park and Universal Studios Hollywood. The announcement comes as Los Angeles Tourism, in collaboration with Tourism Economics, announces its 2023 year-end tourism performance, with 49.1 million total visitors—97 percent recovered to 2019, our benchmark year—including 43.3 million domestic visitors (100 percent recovered to 2019 levels) and 5.8 million international visitors (nearly 79 percent recovered to 2019), $40.4 billion in total business sales (106.9 percent of 2019 levels), and more than 530,000 tourism-related careers for Angelenos. Hotel demand grew to 30.2 million total room-nights sold last year with hotel occupancy rising to 71.7 percent and average daily hotel rates reaching $198. In 2023, visitation to Los Angeles reduced the tax burden on Los Angeles residents by generating $3.2 billion in state and local tax dollars to fund essential City services, and as a result, each Los Angeles County household saved $965 in annual state and local taxes.
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