• Proven Fact: AC Events Significantly Impact Economy

     
    POSTED December 21, 2015
     

Not just this year, but many years running, Atlantic City has been host to a plethora of events—from the New Jersey Education Association Convention to the Challenge Atlantic City Triathlon. With such a wide variety of events, it’s not a shocker to think they have significantly boosted the economy.

And this has been confirmed by Spectra by Comcast Spectacor—an organization that provides venue management and food services and hospitality to Boardwalk Hall and the Atlantic City Convention Center. They released figures that show the economic benefits have been huge for New Jersey taxpayers. The sales incomes and state and luxury takes these event attendees have generated has positively affected revenues over the past three years.

“It’s revealing to consider the positive economic impact that the events at the Atlantic City Convention Center and Historic Boardwalk Hall continue to bring to Atlantic County and to the State of New Jersey,” says Spectra’s Fran Rodowicz, general manager of both venues. “These facilities bring hundreds of thousands of people to Atlantic City on a consistent basis and they are critical to the success of the beach resort.”

Combined, both facilities have generated nearly $235 million from Jan. 1, 2013 through October 2015 in direct sales income and state and luxury taxes. This number includes an estimated attendance of 1,836,536 people over the three-year period.

Using the industry average of $125 assumed in-market spending per attendee, the two facilities have generated $74,590,250 in direct market sales income; the Atlantic City Convention Center has generated $1,363,485 in state and luxury taxes while Boardwalk Hall has generated $4,027,899 in state and luxury taxes.

This news is supported by direct customer feedback. After every event at Boardwalk Hall, attendees who purchased a ticket are asked to complete a survey regarding their experience. Of those that answered, 67.6 percent ate at an Atlantic City restaurant; 44.7 percent gambled at a casino; and 65.7 percent spent $100 or more at local businesses.

“Events at the Atlantic City Convention Center and Boardwalk Hall are proven to bring business to hotels, restaurants and other entertainment venues throughout the city,” says Robert E. Mulcahy III, board chairman, CRDA. “They are an integral part of CRDA's mission to attract visitors by bringing non-gaming events to the Atlantic City Tourism District.”

Following a nationwide search, Visit Seattle and the board of directors have announced that Tammy Blount-Canavan, FCDME (Fellow Certified Destination Marketing Executive) will serve as its president and CEO. She will be Visit Seattle’s first female chief, replacing longtime leader Tom Norwalk, who retired earlier this spring.

 

The Hilton Dallas Lincoln Centre completed its $24 million renovation of the entire hotel and conference center. Renovations began in 2020. 

The North Dallas conference center hotel renovation includes a full redesign of all 503 guest rooms, lobby and public areas, and food and beverage outlets. Additionally, the hotel’s 55,000-square-feet of meeting space was updated with new furnishings, technology upgrades, and the addition of a new 6,600-square-foot Lakeside Ballroom. 

 

citizenM, the innovative Netherlands-based hotel company that promises to “put the fun back into meetings,” has opened its second Seattle property: citizenM Seattle Pioneer Square. The hotel squeezes 216 guest rooms into a 10-story, 70,000-square-foot building, a feat it accomplished by keeping room size to 160 square feet. While Seattle Pioneer Square was designed to appeal to business travelers, it has no dedicated meeting space.