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22nd Annual Southern California Visitor Industry Outlook Conference CIC Research, Inc. 8361 Vickers St. San Diego, CA 92111 858-637-4000 www.cicresearch.com.

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Presentation on theme: "22nd Annual Southern California Visitor Industry Outlook Conference CIC Research, Inc. 8361 Vickers St. San Diego, CA 92111 858-637-4000 www.cicresearch.com."— Presentation transcript:

1 22nd Annual Southern California Visitor Industry Outlook Conference CIC Research, Inc Vickers St. San Diego, CA Hotel Maya Long Beach, CA October 29, 2010

2 Where Have We Been?

3 3 And Travel is More Fun?

4 4 Potential 40% More PAX?

5 5 A La Carte Airfare Pricing

6 Southern California Perspective 6

7  23.6 Mil. population in SoCal - About 7.5 Mil. Households Unemp - More than 9.7 Mil. Employees12.2%  California: million CA population (SoCal=61%) million CA employees (SoCal=61%)12.4%  United States: million US population (SoCal=8%) million US employees (SoCal=7%) 9.6% 7

8 2010 SoCal Hotel Room Inventory  301,000 Rooms  Mil. Room Nights Avail.  66.1% Occ. Rate  72.7 Mil. Room Nights Sold Sources: CIC Research, LACVB, AOCVCB, SDCVB, & STR. 8 Room Inventory

9 SoCal Hotel Rooms Sold Sources: CIC Research, LACVB, AOCVCB, SDCVB, PKF & STR. 9 Millions of Room Nights No change

10 10 SoCal Hotel Room Revenue Sources: CIC Research, LACVB, AOCVCB, SDCVB, PKF & STR. Peak in 2007

11 International Visitors to the U.S. Millions Source: U.S. Dept. of Commerce, OTTI/CIC Research, Oct

12 LAX International Arrivals (monthly percent change to prior year) 2008

13 LAX Quarterly International Pax Arrivals Millions

14 SoCal Passenger Arrivals (comparison to prior year same quarter) Primarily domestic air travelers.

15 Arrivals in Millions Southern California Air Arrivals

16 Southern California Air Arrivals Arrivals in Millions 16

17 Overnight Visitors to SoCal 17

18 Domestic Overnight Visitors to SoCal Millions 18 Source: CIC Research, Inc.

19 SoCal Overnight International Visitors Millions 19 Source: CIC Research, Inc.

20 Total Overnight Visitors to SoCal 20 Source: CIC Research, Inc.

21 Total SoCal Overnight Visitor Spending 21 Source: CIC Research, Inc.

22 SoCal Overnight Visitor Forecast (2010 & 2011)  Visitors 45.5 M (2010 Preliminary)Up (3.5%-4%) M (2011 Forecast)Up (2.4% to 3.3%)  International Visitors 6.2 M (2010 Preliminary)up (10%-11%) M (2011 Forecast)Up (3% to 8%)  Domestic Visitors 39.3 M (2010 Preliminary)Up (3%) 40.2 – 40.6 M (2011 Forecast)Up (2.3% to 3.3%)  Spending $25.7 B (2010 Preliminary)Up (4.5%-5.5%) $27.3 B - $27.8 B (Forecast 2011)Up (6% to 8%) 22

23 LAX Monthly International Passenger Arrivals

24 SoCal Passenger Arrivals - Monthly Percent Change (comparison to same month of prior year)

25 In 000’s Southern California Air Arrivals

26 SoCal Ports of Entry- All Overseas Visitor Arrivals Arrivals in Millions Source: CIC Research & Dept. of Homeland Security. 26


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