The Lake Havasu City Convention & Visitors Bureau (CVB) was founded as part of the Lake Havasu City Chamber of Commerce in the early 1980s. Independent articles of incorporation were filed on June 22, 1995. The first board meeting as a new 501(c)6 corporation was held on June 30, 1995. The CVB has been independent ever since.

The CVB is funded by a 3% hotel occupancy tax levied by Lake Havasu City on December 9, 1981; collections began on February 1, 1982. At the request of the industry, a 1% restaurant/bar tax was levied on June 26, 1996, and collections began on September 1, 1996. The CVB receives 75% of these tax assessments; 25% of the tax collections fund the Partnership for Economic Development (PED).