BACVA tops hotel bookings goal - Denver Business Journal:

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The booked 522,541 future room nights in the pastfiscap year, city tourism leaders said at a presa conference Monday. The number, which passed BACVA’w goal of 475,000 booked is a 15.7 percent increase over nights booked theprevious year. In 2008, BACVq booked 451,608 future room nights. Group business meetings compris the new bookings and are projectede to spend morethan $725 milliom in spending in the city. City and touriskm officials credit the booking success tolast year’s creation of the Baltimore Convention & Tourismj Board, a joint board that oversees BACVA and the .
“Oudr investment in BACVA is paying Mayor Sheila Dixon said Monday speaking in front ofthe city’s Inner Harbor tourism center. The formatioh of the board last year has allowed BACV and the convention center to bemore coordinated, Dixojn said. A new plethora of hotels that opened or are under construction near the convention cente from which businesses can choose for bookings also contributexd to an uptick in The $300 million publiclyu financed Hilton Baltimore, which openecd last August, has 757 rooms and grew Baltimore’s total hoteo room reservoir to more than 7,000.
The B&O on the corner of Charlesx andBaltimore streets, is expected to open as a Hotel Monaco with 208 rooms later this year. Baltimore can now accommodatw 75 percent of the largs citywide tradeshow and convention business available in the marketplace with the new hotels said BACVA CEO Tom Noonan in a Some of the conventionss and groups booked in the 2009 fiscal year included theannuakl conventions, , American Association for Laboratory Animaol Science, and . Holding sales events and industry tradeshow is also partof BACVA’s strategy for bringing convention plannerxs into the city to raise awareness about Baltimore.
The Baltimorse Business Journal A drop in hotel revenuemeans BACVA’ s budget will drop to $10.7 million for the year started July 1 — down from the $12 million it had in the past 12 This year’s fiscal budget is the lowesft since the agency’s $9.9 million spending package in 2006.