financeLodging Magazine··1 min·For: Owner, GM, Investor, Ops
AHLA Report Details Hotel Impact on Los Angeles Economy
The American Hotel & Lodging Association (AHLA) released a report highlighting the massive economic footprint of the hotel industry in Los Angeles, including $30 billion in guest spending.
Key Takeaways
- 1Leverage data showing hotels support 1 in 10 jobs in Los Angeles to advocate for favorable local policies.
- 2Recognize that hotels contributed $4.1 billion in state and local tax revenue in 2023, funding vital public services.
- 3Highlight the $30.2 billion in guest spending at local businesses as a key driver for non-hotel community stakeholders.
Source: Lodging Magazine
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