Las Vegas expects economic boost

11.02.2014

(US).- New convention business and the return of rotating shows is expected to generate a multi-million dollar boost to the Las Vegas economy, according to the Las Vegas Convention and Visitors Authority (LVCVA). The American Library Association's annual conference and exhibition, American Wind Energy Association's Windpower and Solar Power International are all scheduled to take place in Las Vegas in 2014 for the first time.

These three new shows are expected to bring an estimated 50,000 attendees generating USD 63 million in local non-gaming economic impact. The destination will also welcome 70 new conventions of at least 500 attendees each during 2014, bringing an estimated 100,000 additional delegates to Las Vegas.

"We are always seeking new business," says VP of Global Business Sales for the LVCVA, Chris Meyer. "Las Vegas has been the number one tradeshow destination in North America for 19 consecutive years. We offer an array of unique resorts, entertainment and the equivalent of 185 football fields of meeting and exhibition space in one destination. The combination provides groups the opportunity to conduct serious business but also balance it with teambuilding or networking activities."

In addition to new business, nine rotating shows return to the destination this year attracting more than 320,000 delegates for a non-gaming economic impact of us$ 404 million. The rotating shows include the return of the CONEXPO-CON/AGG construction show.

Convention and tradeshow delegates represent 12.7 per cent of all visitors to the Southern Nevada region, approximately 5.1million business travellers a year. Las Vegas' meetings and convention industry employs approximately 58,000 people and generates us$ 6.8 billion in local non-gaming economic impact.