carmichael presentation by rod camerion
DESCRIPTION
Presentation by Rod Cameron on the benefits of convention centres. Presented at the Carmichael Lecture hosted by the Downtown Halifax Business commission February 2010.TRANSCRIPT
Convention Centres in
Context:
Defining “Success” From
a Community
Perspective
Carmichael Lecture
Halifax, 2010
A Convention Centre is an
Investment:
Not just initial, but ongoing
Needs to deliver an appropriate return
In this industry, are two measures of success:
What works for the market
What works for the community
The Competitive Landscape:
Everyone wants the business
New convention facilities, destinations appearing globally
Industry expectations have evolved; need to meet these to be competitive
Centres are expanding/renovating to:
• Increase overall space and flexibility
• Respond to changing event formats
• Address competitive factors (facilities; finish, sustainability)
How Planners Choose:
Facilities that meet event program requirements
Air access and cost
Number / quality of hotel rooms
Clean / attractive / popular city
Security / safety / crime
Supportive destination / local members
Local attractions for off-site programs
Address rotational factors
How About the Community?
Centres play three key roles:
A revenue role
A community enhancement role
An economic development role
The Revenue Role:
They generate delegate / exhibitor spending in many different sectors
They promote visits; utilize hospitality infrastructure (off season implications)
They promote tourism via pre / post , accompanying persons, return visits
They attract / support new infrastructure investment (e.g. hotels)
The Community Enhancement
Role:
They bring world class knowledge and expertise into the community
Can create national / global exposure
They provides facilities / services for community events and celebrations
They generate non-resident tax revenues that can be applied to community needs
The Economic Development Role:
They help address economic, professional, academic strategies
They attract business audiences that wouldn’t otherwise visit
They help position the city and expose delegates to investment opportunities
They act as a vehicle for local business / professional groups to host colleagues
They create opportunities to showcase for local products and services
A Factor in Economic Recovery:
Conventions and exhibitions facilitate research, technology, academics
They support personal and professional development
They are critical to business stimulation and advancement
They help build networks and discourage economic isolation
Assessing Value:
We tend to focus on direct impacts like revenue, but…
Conferences, conventions are all about outcomes
Value is what they accomplish, not just how much delegates spend
Many of these outcomes impact the host community, so
Centres should complement overall economic development strategies
The Physical Context:
Centres are only part of the product
The balance is made up of the community experience (hotels, F&B, entertainment, attractions)
That experience is enhanced when these are more accessible to delegates
Has major implications for centre location
Ideal is a “precinct” that offers majority of delegate amenities in close proximity
A Role in Area Revitalization:
Delegates are a “captive clientele”
Help re-animate the surrounding area
Diversify customer base, seasonality for adjacent businesses
Provide rationale for new investment
Encourage business activities that feature local culture / experiences
Support new (i.e., group) product creation
Site Selection Must Balance
Market, Community Expectations
Both business, community benefit from complementary surroundings
Mixed record in using centres as anchors for area redevelopment
Wrong choice isolates centre from the city, impacting ROI and marketability
Vancouver Convention Centre
San Diego 1985
San Diego Today
Jacksonville, Florida
A Long Term Commitment:
Markets take time to develop; patient investment required
Existing centres have a market advantage, but must reposition following redevelopment
Government has prominent role, but…
Other stakeholders will have to support actively and consistently
In Conclusion….
Halifax has distinct advantages (location, access, market history)
Current facilities limit competitiveness
A new / expanded facility provides an opportunity to address limitations, but..
Can also complement broader economic, community strategies
Everything from facility design to market priorities will depend on how “success” is defined
Convention Centres in
Context:
Defining “Success” From a
Community Perspective
Carmichael Lecture
Halifax, 2010