CVBs & Centers Struggle for Business

As cities face their worst budget crisis since World War II, CVBs and convention centers have been hit exceptionally hard.

The lower hotel occupancies of the past two years have reduced revenues, cutting, sometimes deeply, into occupancy taxes — the lifeblood of most convention and visitors bureaus. Meanwhile, many expanded or new convention facilities are coming online in a post-9/11 climate (see story, page 41). The competition to fill these facilities has severely hampered c

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