Visit Baltimore Annual Report FY 2019-2020 2019 | Page 14

THE CASE FO We Support a BCC Renovation and Expansion Visit Baltimore continues to do its part in advocating for an expanded convention center. In the last 5 fiscal years, we’ve lost 2 million hotel room nights due to date or space availability at the convention center, representing 45% of all center-related lost business. BALTIMORE IS FALLING BEHIND – our competitors are bigger and newer CITY TOTAL EXHIBIT SPACE (sq. ft.) Washington, D.C. 703,000 2010 Philadelphia 679,000 2011 Indianapolis 566,000 2011 UPDATED/ EXPANDED AND WE’RE FALLING BEHIND QUICKLY In 1997, the last time the Baltimore Convention Center was expanded, the venue was the 25th largest in the U.S. by total exhibit space. Today, Baltimore has fallen to #34 on the list. Source: Access Intelligence, BCCC Expansion Market Demand Analysis & Estimate, March 2018. Nashville 353,000 2013 Columbus 337,050 2017 Pittsburgh 313,100 2003 Baltimore 300,000 1997 Charlotte 280,000 2018* *City Council approved plans for expansion and renovation Source: MSA BCC Expansion Study Update, July 2018 25th 1997 34th 2018 WE LOSE MORE BUSINESS BECAUSE THE BCC IS TOO SMALL THAN FOR ANY OTHER SINGLE REASON 45% of recent BCC lost business is due to lack of capacity 393 events lost, worth two million room nights and $760 million in estimated economic impacts Source: Visit Baltimore BALTIMORE WILL CONTINUE TO SEE GROUPS OUTGROW US Natural Products has been in Baltimore 9 straight years, leaving us for Philadelphia in 2020. Otakon held their show in Baltimore for 18 straight years, leaving us for Washington D.C. in 2017. 12