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Kevin Clowden

Kevin Klowden is an economist and Senior Fellow (formerly Chief Global Strategist) at the Milken Institute, an expert on the California and entertainment-industry economies.

Oct 15, 2026

45:14
Just share with us, what did we see from World Cup when it came to hospitality here in L.A. County?
45:22
Well, what we saw is the difference basically between the excitement that FIFA was selling everybody and they were bidding, you know, they're essentially, you know, playing things up for the hotels, playing things up for the host cities, playing things up on, you know, this is the indispensable event.
45:42
And, you know, in L.A., you know, for everybody who was around for 94 when the final was actually played in Los Angeles, And it was really novel, and there's this palpable sense of excitement and lots of travel.
45:56
Everybody was thinking, well, we're getting this again.
45:58
But when the costs jump way beyond the level that anybody's willing to pay for, and when you're dealing with the fact that, bluntly, with the crackdowns that were happening really leading up to the World Cup on...
46:17
And all the stories that were getting reported outside the U.S. about when, you know, you had like German students getting arrested and held at a holdover in a transit detention facility.
46:41
Well, and so what are the implications, Kevin, for the LA 28 Olympic Games, which really rely on international visitors?
46:51
Well, the first thing is that there needs to be certainty.

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