• CTA Commends the Approval of Las Vegas Convention Center Expansion

     
    POSTED November 11, 2016
     

In October, Nevada’s General Assembly approved plans to renovate and expand the Las Vegas Convention Center. The LVCC hosts thousands of business events each year, like CES, the world’s largest innovation event, run by the Consumer Technology Association.

This expansion will keep Las Vegas a top destination for tradeshows and events, boost the economy, and help events such as CES grow. It will bring in more money for the economy, by providing more jobs and drawing more people to events.

"As owner and producer of CES, which draws more than 165,000 attendees to Las Vegas every January, the renovation and expansion of the LVCC is paramount. It is critical for the continued growth and future of our show in Las Vegas and the many benefits CES contributes to the local economy and community at large,” says Gary Shapiro, president and CEO, CTA. “CES currently uses more than 2.4 million net square feet of exhibit space, occupying most of the convention space available in Las Vegas. Our show reflects and drives the expansion of technology as a core part of almost every major global industry. As our industry grows, so does our need for more exhibition space and more modern and tech-friendly facilities.”

The latest Global Business Travel Association (GBTA) Business Travel Recovery Poll revealed that business travel is surging forward and international travel is returning alongside the challenges of rising fuel prices, inflation, supply chain disruption, and the war in Ukraine. In addition, corporate travel policies are undergoing a revamp, and a large majority of employees indicate they are willing to travel for business. 

 

The hospitality and meetings and events industries are known for their generosity. Even after a couple of tough years courtesy of the COVID-19 pandemic, helping others has remained a priority. Here are a few examples from around the country. 

 

On May 4, Knowland, a provider of meetings and events intelligence data, released its monthly report for April 2022. The data showed a significant increase in meetings activity, with a 323% increase over April 2021, including a 3.7% recovery of events from March to April 2022.

Additional information included:

•     In April 2022, the average number of attendees per event was 118, compared to 63 in April 2021 and 74 in April 2019.