LANDRIEU IN LOS ANGELES TO PUSH FOR INVESTMENTS IN FILM, HOSPITALITY -- 01/23/2006
Office of Lieutenant GovernorFOR IMMEDIATE RELEASE
January 23, 2006
LT. GOV. LANDRIEU IN LOS ANGELES TO PUSH FOR INVESTMENTS IN FILM, HOSPITALITY
Addresses American Lodging Investment Summit, Meets with Hollywood Producers
(Baton Rouge, LA) - Today, Lieutenant Governor Mitch Landrieu made the case for strong investments in the rebuild of Louisiana at the American Lodging Investment Summit held in Los Angeles. At this gathering of hotel executives, investors, lenders, developers, and professional financial advisors, Landrieu cited the progress that has been made - particularly in the rebuild of Louisiana's tourism, hospitality and cultural industries.
Speaking at the Hyatt Regency Century Plaza, Landrieu stated, "Later in the month, we expect the Louisiana Recovery Authority to allocate $50 million for a national marketing campaign. These funds will help us aggressively market to convention, business and leisure travelers."
Landrieu added, "Private investments from the tourism industry totals more than $2 billion - illustrating a strong confidence in the rebirth of our state and our hospitality industry."
Joe Burba, conference chairman with the American Lodging Investment Summit said, "We are very pleased that the Lt. Governor is able to come to Los Angeles to address our delegates. New Orleans and the entire Gulf Coast region is such an important part of the tourism fabric of the United States, and to hear directly about its rebirth is important not only to those who have invested or will invest in the region, but to all of those who enjoy its distinct and unique hospitality."
Landrieu also met with film executives in Los Angeles to regenerate the state's film industry, and to send the message that the state's cultural economy is alive, well and getting stronger every day. Landrieu stated, "The state and the nation were just learning about the importance of art and culture to the state's economy before Hurricane Katrina hit. Since the storm, we now know that it is Louisiana's art and culture that will lead the way to recovery."
Landrieu added, "It is important to let film executives in Los Angeles know the infrastructure to produce films in New Orleans still exists. I strongly encouraged them to continue to bring their projects to Louisiana as a show of support for the recovery efforts."
Landrieu met with several film houses including Disney and Sony. He also met with executives at Axium International and a group of independent filmmakers.