2/7/2024 0 Comments La gay pride 2021 cancelled![]() Economic output is the value of goods and services provided during the Pride event. The Beacon study also found the event increased economic output in Los Angeles County by $74.7 million of which $27.7 million was concentrated in West Hollywood and $18.2 million in the City of Los Angeles. Last year’s LA Pride resulted in $42.2 million in spending in Los Angeles County according to a study by Beacon Economics, a research and consulting firm engaged by CSW. ![]() The cancellation is because of the COVID-19 pandemic, which has essentially shut down the tourism and nightlife industries that generate significant tax revenue for the city and profits for local businesses.Ĭhristopher Street West, the non-profit that has produced the annual parade and festival, said that it will reimagine the event this year in a digital form and hopes to return to the traditional parade and festival next year when the COVID-19 pandemic has ended. The cancellation of June’s traditional LA Pride Festival and Parade, announced yesterday, is likely to have a significant impact on West Hollywood’s economy. The crowd at West Hollywood Park for the LA Pride festival on Saturday night in 2018.
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