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More than $15 billion will advance in the modernization of the Airport The Angels better known as LAX, plus other millionaire investments in the city.
Within the framework of IPW 2023 Made in Saint Anthony, Texas the entity responsible for promoting tourism in the city Los Angeles Tourism & Convention Board (Los Angeles Tourism), announced important improvements to the city's infrastructure to advance the attraction of new tourists and businesses to the city.
Big improvements in Los Angeles
The city prepares to host major sporting events, What will it be like to host the Soccer World Cup 2026 and also the Olympic and Paralympic Games of 2028, The city presented important investments in infrastructure that seek to revolutionize the city as a global business and tourism center.
LAX Modernization
Possibly, one of the most notable points and as the first image for visitors, It is the process that has taken years at the Airport The Angels to modernize it and put it at the level it requires as one of the most important connection centers in the world.
From 2017, the Terminals 1 and 7/8 have experienced significant infrastructure improvements with $980 millions invested in the Terminal 1 and $546 millions invested in the Terminals 7/8.
Currently, improvements worth more than $4 billion in the Terminals 2/3 ($2.3 billion), Terminals 4/5 ($1.6 billion) y Terminal 6 ($230 millions). in May 2021 a new facility was inaugurated 15 latest generation doors with a value of $1700 millions, West Gates at Tom Bradley International Terminal.
It also builds the Land Access Modernization Program (LAMP) from $5500 millions, which includes an Automated People Mover train system, the Consolidated Rent-A-Car facility, Intermodal Transportation Facilities and road improvements were launched in 2019. The first component of LAMP, the installation of LAX Economic Parking $294 millions, made its public debut in October 2021.
In the future, LAX will begin work on a Terminal and Airfield Modernization Project (ATMP, for its acronym in English) of over $6 billion, which will add a new terminal and elevated road system, while improving airport security.
Investment in tourism grows
The entity reported the end-of-year figures, including $34.5 billion in total commercial sales in 2022 generated by tourism, reaching the 91 percent of record levels of 2019. Last year more than 528,200 tourism-related jobs along with $3 billion in state and local taxes that support essential services.
Likewise, the "LA 2.0" improvement plan was announced and thus the city prepares to welcome the international inbound travel fair of the Travel Association of USA, IPW, of the 3 al 7 May 2024.
The city reported a solid recovery that reached 91 % of visit levels 2019 with 46,2 million visitors to Los Angeles. Tourism is a major driver of the local economy, improves the quality of life for all Angelenos while creating attractions and services that residents and visitors experience year-round.
On 2022, International visits increased by almost 2 million tourists, which represents a year-on-year increase in 81,7 % from 2021. On 2023, Los Angeles' top five international source markets are expected to be Mexico (1 790 000), Canada (740 000), China (460 000), Australia/New Zealand (390 000) and United Kingdom/Ireland (330 000).
In the last three years they have incorporated 6,700 new hotel rooms, and the largest number of museums and performing arts venues in the USA. Some notable new experiences include SUPER NINTENDO WORLD at Universal Studios Hollywood, 26 restaurantes MICHELIN Starred Angeleno, Dine LA Restaurant Week's 15th Anniversary, new places to stay throughout the city and the Automated People Mover in the LAX Airport.
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