|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||
Millennium Biltmore Los Angeles
506 South Grand Avenue
Los Angeles CA 90071
Ballroom/Floor: Biltmore Bowl – B1 Level
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
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 (email@example.com).