business

IMEX America 2016 Breaks New Records

According to recently published figures, IMEX America 2016 has officially broken multiple records. The event, which was held Oct. 18–20, had an attendance increase of 14 percent from last year.

There was a 6 percent increase in the attendance of hosted buyers, making up 3,216 from 60 countries. About 10,000 buyers attended group appointments and prescheduled appointments were upwards of 60,000—far more than the numbers gathered in 2015.

Meet Dan Krahn

These interviews are part of a series that highlights new hires within the industry. Have you recently started a new role or do you know someone who has? Submit your ideas to brittany.trevick@tigeroak.com.

Dan Krahn was recently hired as corporate director for Kaeding Management Group in Bloomington, Minn.

1. What are you most looking forward to in your new role as corporate director for Kaeding Management Group?

Kristen Burr Hired as Sales Manager

These interviews are part of a series that highlights new hires within the industry. Have you recently started a new role or do you know someone who has? Submit your ideas to brittany.trevick@tigeroak.com.

Kristen Burr was recently hired as the business travel and entertainment sales manager for Fairmont Pittsburgh.

Arlington CVB Study Shows Positive Tourism Results

Almost 14 million visitors spent an estimated $1.4 billion last year in Arlington, Texas, according to a study conducted by Longwoods International. This study was prepared for the Arlington Convention & Visitor’s Bureau with a mission to provide an overview of Arlington’s tourism business in 2015. It included information about overnight and day visitors, how much visitors were spending and other relevant trends.

Philly Has Record Year

Just in time for the new year, Center City Philadelphia is right on track to end 2015 with a record hotel occupancy.

Record Hotel Occupancy: 77.4%:

Center City Philadelphia’s hotel occupancy is estimated to hit a record 77.4 percent in up from 75.5 percent in 2014. Visitors to Philadelphia from all segments (leisure, group, business) will have filled a projected 3.1 million rooms—another record.

Leisure Is One Of Three Major Segments:

Study Shows High Support For Montgomery County Facility

The King of Prussia District and the Valley Forge Tourism & Convention Board recently released the findings of a study on the feasibility of a meetings and events center in Montgomery County, Pa.

Excitingly, the research shows the idea of a center with 125,000 square feet of space, including an exhibit hall, banquet hall and meeting rooms, is highly supported. The study also found that those in favor believed the facility would have a positive effect on the economic development of the county.

Keansburg Named Affordable Beach Town

New Jersey beaches have received much praise this year—Keansburg, N.J., is the latest town to be honored.

REALTOR Magazine—the official magazine of the National Association of Realtors—recently released their “Cheapest Beach Towns in America, list and placed Keansburg as No. 8, with a median list price for beachfront property of $140,000. The magazine looked at areas with a population of at least 1,000 to come up with their top 10 list.

Philly Hotels Witnessed Hotel Records in June

A packed summer convention calendar likely resulted in a huge boon for Center City hotels, which saw record hotel occupancy in June.

Overall occupancy peaked at 89.4 percent—the highest monthly occupancy on record. The average daily rate also broke a record, witnessing $212.95, the highest since October 2014. The Government Finance Officers Association, the Biotechnology Industrial Organization convention and the International Society for Technology in Education convention helped grow midweek occupancy.  

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