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Race for Rooms as Grand Prix of Long Beach Accelerates Greater LA's Hospitality Rebound

Some Room Rates Exceed 2019 Levels in Greater LA, but Occupancy Still Trails Pre-Pandemic Levels
The Grand Prix of Long Beach typically attracts more than 180,000 visitors to its annual races and events in Long Beach, California. (Paul Winner/CoStar)
The Grand Prix of Long Beach typically attracts more than 180,000 visitors to its annual races and events in Long Beach, California. (Paul Winner/CoStar)
CoStar News
April 8, 2022 | 8:30 P.M.

The Grand Prix of Long Beach has supercharged the region's hotels, driving occupancy back to pre-pandemic levels and boosting room rates at least for a weekend, an indication events are returning to pre-pandemic popularity.

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