Econom ic Im pact of Tourism in Baltim ore City Tom Noonan - PowerPoint PPT Presentation

Econom ic Im pact of Tourism in Baltim ore City Tom Noonan – President & CEO Visit Baltimore

Tourism in Baltim ore  FY 2011 Total Visitor Spending = $4.4 BILLION  Tax Revenue Generated  $314 million to State  $244 million to Baltimore  $23 million in hotel tax revenue for Baltimore

Bookings in Baltim ore

BCC – FY 20 10 Perform ance  Hosted 131 events  Welcomed 369,000 visitors  Visitor Spending = economic impact of $581 million  State and local taxes = $43.7 million

Hilton Hotel  Helped to double Sales Funnel  130 BCC bookings: $675 Million  FY 2011 Hotel Occupancy Tax: $2.8 million  80% employees are city residents

Baltim ore, MD  73 rd largest today  215 th without 1996 expansion  Exhibit Halls: 300,000 sq. ft.  Meeting Rooms: 85,000 sq. ft.  Ballroom: 36,000 sq. ft.

Lost Room Nights  Total Room Nights Lost Since 2005 = 112,978 709,182  461,000+ room nights due to space  247,000 + room nights due to dates

Washington, DC  Exhibit Space : 703,000 sq. ft.  Building new Marriott Marquis  $530 million  1200 rooms  100,000 sq. ft. of flexible space

Philadelphia, PA  Exhibit Space: 679,000 sq. ft.  Ballroom: 60,000 sq. ft.  Largest Ballroom on the East Coast  $786 million expansion  Completed in March 2011

Nashville, TN (20 13)  Exhibit space: 350,000 sq. ft.  Grand Ballroom: 57,000 sq. ft.  Junior Ballroom: 18,000 sq. ft.  Meeting Space: 90,000 sq. ft.  800-room Omni Hotel  Gaylord Opryland Hotel  264,000 sq. ft. (meeting)  300,000 sq. ft. (exhibit)

Boston, MA (proposed)  Exhibit Space: 1 million sq. ft.  Current: 516,000 sq. ft.  Add 2 nd Ballroom: 70-75,000 sq. ft.  Current Ballroom: 42,000 square feet  Meeting space: 175,000+ sq. ft.

Gaylord – National Harbor, MD  Total space: 470,000 sq. ft.  Ballroom: 50,000 sq. ft.  Exhibit hall: 180,000 sq. ft.  Adjacent 2000- room hotel with 6 more surrounding hotels  Disney development

Expanded Convention Center  Double current size: 300,000 sq. ft. to 600,000 sq. ft.  500-room hotel  260,000 sq. ft. new meeting and ballroom space  18,500-seat arena