APPENDIX B : HOTEL PERFORMANCE & VISITOR SPENDING
HOTEL PERFORMANCE I . FY23 Hotel Tax Collections : $ 30,441,084
II . Number of Hotels in Pipeline : Three Hotels with 426 Rooms are expected to be built in CYs 2024 / 2025 151 Rooms In Construction - Due 2025 135 Rooms Final Planning – Due 2025 140 Rooms Proposed Property – Due 2026 Source : CoStar , as of August 2023
VISITOR SPENDING BY CATEGORY Overnight 23 % Restaurant Food & Beverage 11 % Transportation at Destination 37 % Lodging 13 % Recreation / Entertainment 16 % Retail Purchase
Day Trips 35 % Restaurant Food & Beverage 20 % Transportation at Destination 21 % Retail Purchase 24 % Recreation / Entertainment
VISITOR SPENDING BY MARKET $ 2.56 Billion Overnight Visitors $ 1.152 Billion Day Visitors Source : Longwoods 2022 Travel USA Visitor Profile Report
BOOKINGS BY MARKET SEGMENT
“ Sports ”, “ Health & Medical ” Associations and “ Education ” Associations , were the top 3 Markets booked in FY23 – Representing 96 Events or 35 % of all Events booked , and 159,244 Room Nights or 53 % of all Room Nights booked .
Between CYs 24-27 , 45 of these Events will arrive in Baltimore generating over 111,000 Hotel Room Nights .
Visit Baltimore booked 20 Events within the “ Religious ”, “ Ethnic ”, and “ Fraternal ” Markets , representing over 29,000 Room Nights . Between CYs 2024-2026 , 7 of these Events will arrive in Baltimore representing over 23,000 Room Nights .
TOP BOOKINGS
• American College of Obstetricians and Gynecologists brought their 2023 Annual Clinical and Scientific Meeting , with 4,500 actual attendees and filling over 7,200 hotel room nights
• National Baptist Convention will bring their Annual Session for 2024 , bringing 20,000 attendees and filling over 10,800 hotel room nights
• American Library Association will bring their 2024 Meeting , bringing 2,500 attendees and filling over 6,500 hotel room nights
• CIAA will bring their Basketball Tournament in 2024 and 2025 , bringing over 10,000 attendees and filling over 10,200 hotel room nights each year
• Four MADE Hoops Tournaments for 2024 , 2025 , and 2026 , bringing in 3,000 attendees and filling over 3,000 room nights for each tournament
• Army / Navy Football Game in 2025 , bringing 70,000 attendees and filling over 3,700 hotel room nights
• Mid-Atlantic Nursery Trade Show will bring their Annual Winter Show in 2025 and 2026 , bringing 12,000 attendees and filling over 5,200 hotel room nights
• American Epilepsy Society will bring their 2027 Annual Meeting , bringing 3,000 attendees and filling over 10,200 hotel room nights
• Society of Critical Care will bring their Annual Critical Care Congress for 2028 , bringing 6,000 attendees and filling over 12,200 hotel room nights
Source : Visit Baltimore CRM
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