With our economy the way it's been over the last couple of years, it's no wonder trade show, convention, and corporate event attendance has been down. After all, no business is doing all that great. But it seems as though there's a little bit of change taking place in Las Vegas, and that could be good news for everyone.
The Las Vegas Convention Center and Visitor Authority's Executive Summary shows that more attendees are flocking to the Center's events. In May, 2010, 352,537 people showed up to attend various conventions. That's a 3.1% growth over May, 2009.
Even better news is that this is the third month in a row that the LVCCVA saw an increase in attendees. In April, 2010, the Center saw a 2.9% increase over April, 2009; and in March, there was even bigger increase of 5.2% over March, 2009.
Ironically, the number of conventions has declined in the same period. In May by 4%, in April by 1.4%, and in March by 2.9%
Even so, Las Vegas as a whole has seen a 2% increase in the number of visitors - this despite the price of hotels and other amenities showing an increase in prices, as well.
According to TSNN, Chris Meyer, the LVCCVA's Vice President of Sales, had this to say about the increase in the number of attendees,
"The majority of our large trade shows have experienced increases in their attendance so far this year. That, and the fact that we are comparing to a very challenging time last year, have helped us show increases in the past few months. Based on conversations with our resorts partners, the booking calendars for our corporate and incentive programs are showing improvement in the fourth quarter of this year and look strong going into 2011. We are optimistic looking forward."
Meyer also said that summer isn't exactly convention season, but there are a few more big shows planned for the next two months, including Cosmoprof North America on July 18, World Show Association on July 30, and ASD/AMD on August 4.
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Very interesting! Working in the trade show industry myself, even in tough times, it seems like more companies want to participate in trade shows to help their business thrive in a recession.
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