IBJNews

ICVA hotel-room bookings ahead of schedule

Back to TopCommentsE-mailPrintBookmark and Share

The Indianapolis Convention & Visitors Association is off to a better-than-expected start in its quest to lure more meetings to the city's expanded convention center, which is slated to open early next year.

Groups that committed in 2009 to hold meetings in Indianapolis in future years booked a total of nearly 688,000 hotel-room nights, a number that exceeded ICVA’s goal by 5 percent.

The hotel-booking statistics are included in a report ICVA Executive Director Don Welsh will present Tuesday afternoon to update the Indianapolis Capital Improvement Board on the ICVA’s performance.

Welsh was unavailable this morning to comment on the report.

The numbers show the ICVA is competitive in attracting conventions amid a difficult economy in which scores of companies and organizations are cutting back on travel expenses. The economic impact of the hotel bookings on the city is estimated at $550 million, the ICVA said. 

Hotel-room nights reserved in 2009 account for bookings made several years in advance, which is common in the convention and hospitality industry.

ICVA, for instance, announced in March 2009 that it landed the American Library Association’s Midwest Meeting, which should attract 11,000 attendees to Indianapolis and bring in $11.6 million in visitor spending. Yet the event doesn’t occur until Jan. 22, 2021.

For events that happen this year, though, room nights and large convention bookings are nearly flat compared to 2009.

Room nights for large gatherings in which downtown hotels are fully occupied total 330,572 in 2010, less than a 1-percent increase from last year. The number of conventions considered “large” dipped to 35 this year from 37 in 2009.

A few of the more significant events occurring in the first six months of the year include the NCAA Men’s Final Four Basketball Championships and the Advanstar Communications Dealer Expo.

The Final Four, which runs April 3-5, is expected to account for 31,440 room nights and $40 million in visitor spending. Next month’s Dealer Expo, meanwhile, should attract 21,235 room nights and $36.2 million in visitor spending, the ICVA said.

The association is getting more aggressive in its attempts to bring more conventions to the city as completion of the Indiana Convention Center expansion draws closer.

The center’s $275 million, 420,000-square-foot expansion is expected to be finished in February 2011. Including Lucas Oil Stadium, the ICVA will have 1.2 million square feet of convention space, 65 percent more than it had in the convention center and RCA Dome. That will make the city the 16th largest in the country in terms of convention space, an improvement from 32nd.  

Assisting ICVA’s marketing efforts is $1.5 million in additional funding it is receiving from the city. The money will help the association hire four additional salespeople and market Indianapolis in more cities.

One of the new hires would be located in Washington, D.C., bringing the sales staff there to four. Walsh said it is important to have a large presence in the nation’s capital, given that 13,000 national associations are headquartered there.

The ICVA also is revamping its Web site and will unveil the new version April 1.

The association is operating on a $13 million budget this year, of which the CIB funds about $9 million. The CIB manages the convention center and the city’s professional sports venues.
 

ADVERTISEMENT

  • 65% more space / revenue
    With 65% more space to sell a 5% increase doesn't sound like much. Plus we have a 1600 room hotel complex entering the market 1600 x 365 days = 584,000 added room nights per year and the ICVA is only booking 688,000 room nights. Seems like the number needs to be closer to 1,000,000 room nights when the new space is completed.
  • ICVA
    Article on ICVA

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. Of what value is selling alcoholic beverages to State Fair patrons when there are many families with children attending. Is this the message we want to give children attending and participating in the Fair, another venue with alooholic consumption onsite. Is this to promote beer and wine production in the state which are great for the breweries and wineries, but where does this end up 10-15 years from now, lots more drinkers for the alcoholic contents. If these drinks are so important, why not remove the alcohol content and the flavor and drink itself similar to soft drinks would be the novelty, not the alcoholic content and its affects on the drinker. There is no social or material benefit from drinking alcoholic beverages, mostly people want to get slightly or highly drunk.

  2. I did;nt know anyone in Indiana could count- WHY did they NOT SAY just HOW this would be enforced? Because it WON;T! NOW- with that said- BIG BROTHER is ALIVE in this Article-why take any comment if it won't appease YOU PEOPLE- that's NOT American- with EVERYTHING you indicated is NOT said-I can see WHY it say's o Comments- YOU are COMMIES- BIG BROTHER and most likely- voted for Obama!

  3. In Europe there are schools for hairdressing but you don't get a license afterwards but you are required to assist in turkey and Italy its 7 years in japan it's 10 years England 2 so these people who assist know how to do hair their not just anybody and if your an owner and you hire someone with no experience then ur an idiot I've known stylist from different countries with no license but they are professional clean and safe they have no license but they have experience a license doesn't mean anything look at all the bad hairdressers in the world that have fried peoples hair okay but they have a license doesn't make them a professional at their job I think they should get rid of it because stateboard robs stylist and owners and they fine you for the dumbest f***ing things oh ur license isn't displayed 100$ oh ur wearing open toe shoes fine, oh there's ONE HAIR IN UR BRUSH that's a fine it's like really? So I think they need to go or ease up on their regulations because their too strict

  4. Exciting times in Carmel.

  5. Twenty years ago when we moved to Indy I was a stay at home mom and knew not very many people.WIBC was my family and friends for the most part. It was informative, civil, and humerous with Dave the KING. Terri, Jeff, Stever, Big Joe, Matt, Pat and Crumie. I loved them all, and they seemed to love each other. I didn't mind Greg Garrison, but I was not a Rush fan. NOW I can't stand Chicks and all their giggly opinions. Tony Katz is to abrasive that early in the morning(or really any time). I will tune in on Saturday morning for the usual fun and priceless information from Pat and Crumie, mornings it will be 90.1

ADVERTISEMENT