Contact Us

Los Angeles Hospitality Summit

Thu Mar 19, 2020

Los Angeles Hospitality Summit

Hotel development and investment across LA is at an all-time high – hear from the builders, buyers, and designers behind the boom

Register Today: $197

What You'll Learn

  1. With LA 2028 looming, how are private developers and public officials working together to ensure the city is adequately prepared?
  2. LA has 45 projects (7,500 rooms) under construction. Is the city prepared for this level of supply and will demand rise alongside it?
  3. How do design, development, and demand differ across the city – the Westside vs Downtown or Pasadena?
  4. How are owners and developers maximizing on their projects and properties, driving revenue beyond the room?
  5. There was an uptick in transaction volume – 22 sales between January & June 2019 compared to 14 in 2018 – but a decrease in average sale price – $8.2M vs $18.8M. What does this say about the health of the asset class?

Purchase Tickets

$197.00/ticket
Add to Cart Buy Tickets Now Interested in Speaking? Registration Questions? **Please note we have pricing tiers based on ticket availability. Ticket prices will increase once we sell out of the current pricing tier. We cannot redeem a lower price once the ticket prices have been raised.
**Bisnow is a cashless, checkless operation. Please only submit payment via credit card.

Speakers

How To Go From Concept To Completion

Learning from our mistakes while building and designing for the future

Acquisitions, Investments, & Hotel Financings

How are deals being structured, what is attracting investors, and what to expect in 2020 and beyond

The Next Wave: LA's Hot Hotel Submarkets

From the South Bay to the West Valley – where and why are suburban hotels being built?

Driving Revenue Outside The Room

What tactics are hotels employing, offering experiential activities to guests

Interested In Sponsoring This Event?

email stephanie.smith@bisnow.com for more info!

  • Stephanie Smith
    Stephanie Smith
    Business Manager
    Bisnow
Get Tickets Buy Tickets Now

Agenda

Time Activity
8:00 AM - 9:00 AM
Breakfast, Coffee, & Networking
9:00 AM - 9:40 AM
How To Go From Concept To Completion
Learning from our mistakes while building and designing or the future
9:40 AM - 10:20 AM
Acquisitions, Investments, & Hotel Financings
How are deals being structured, what is attracting investors, and what to expect in 2020 and beyond
10:20 AM - 10:40 AM
Extended Networking Break
10:40 AM - 11:20 AM
The Next Wave: LA's Hot Hotel Submarkets
From the South Bay to the West Valley – where and why are suburban hotels being built?
11:20 AM - 12:00 PM
Utilizing Design When Driving Revenue Outside The Room
What tactics are hotels employing, offering experiential activities to guests
11:50 AM - 12:00 PM
Post-Event Networking
Breakfast, Coffee, & Networking
8:00 AM - 9:00 AM
How To Go From Concept To Completion
9:00 AM - 9:40 AM
Learning from our mistakes while building and designing or the future
Acquisitions, Investments, & Hotel Financings
9:40 AM - 10:20 AM
How are deals being structured, what is attracting investors, and what to expect in 2020 and beyond
Extended Networking Break
10:20 AM - 10:40 AM
The Next Wave: LA's Hot Hotel Submarkets
10:40 AM - 11:20 AM
From the South Bay to the West Valley – where and why are suburban hotels being built?
Utilizing Design When Driving Revenue Outside The Room
11:20 AM - 12:00 PM
What tactics are hotels employing, offering experiential activities to guests
Post-Event Networking
11:50 AM - 12:00 PM

Venue/Parking

Millennium Biltmore Los Angeles
506 South Grand Avenue
Los Angeles CA 90071

Ballroom/Floor: Biltmore Bowl – B1 Level

Parking Information:
Valet $24.00 Event Parking and $48.00 overnight
Self-Parking: 539 S Olive St (Enter off of Olive st and proceed to the lower level)
Monday-Friday, enter before 9:00am: $15.00 flat rate
Monday-Friday, between 9:00am and 6:00pm: $16.00 flat rate

Get Directions

Why This Matters

With the 2028 Olympics looming, the hospitality industry is certainly doing their part to prepare. LA is currently outpacing the rest of California, with 45 projects (7,500 rooms) under construction and an additional 268 projects (40,190 rooms) in various stages of planning.

As for projects completed and open, 2019 saw the 271-room Proper Hotel, 176-room AC Hotel, and 49-room Palihotel Culver City open (to name a few). 

While Montage Beverly Hills’ sale was certainly the most noteworthy, transaction volume was up in 2019 compared to 2018 (though the average sale price was lower). From the Westside, through Mid City and Hollywood, into Downtown, and up into the Tri Cities, interest and activity are at all-time highs as local, national, and global investors and developers set their sights on Los Angeles. 

Rising to the occasion, the City deserves a hat tip for offering developers tax incentives to expand, renovate, and build downtown (specifically, Convention Center-adjacent). This has resulted in AEG’s $1.2B expansion plans, the Frank Gehry-designed Grand Avenue Project, Fig + Pico hotel and Cambria hotel.

The city’s sports and entertainment stage has never been bigger or brighter and hospitality is following in tow, not missing a beat, making this event and these topics, can’t miss. Contribute to the conversation on Instagram and Twitter (@Bisnow) by using the hashtag #BisnowLosAngeles. With questions, press inquiries, and content recommendations, email Bisnow’s SoCal Event Producer, Matt Seukunian (matt.seukunian@bisnow.com).

$197 Thu March 19, 2020 8:00 AM
Purchase Event Ticket
Interested in Speaking? Registration Questions? **Please note we have pricing tiers based on ticket availability. Ticket prices will increase once we sell out of the current pricing tier. We cannot redeem a lower price once the ticket prices have been raised.
**Bisnow is a cashless, checkless operation. Please only submit payment via credit card.