10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
    • CSR and Sustainability
    • Events
    • Hotel Openings
    • Hotel Operations
    • Human Resources
    • Innovation
    • Market Trends
    • Marketing
    • Mergers & Acquisitions
    • Regulatory and Legal Affairs
    • Revenue Management
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
    • 🇫🇷 French
    • 🇩🇪 German
    • 🇮🇹 Italian
    • 🇪🇸 Spain
  • 📰 Columns
  • About us

Knowland: Las Vegas Continues to Lead Meeting Volume Growth

  • LODGING Staff
  • 11 July 2024
  • 2 minute read
Total
0
Shares
0
0
0

This article was written by Lodging Magazine. Click here to read the original article

image

ARLINGTON, Virginia—Knowland reported that Las Vegas, Nevada, took the lead in meeting volume growth with a solid 22.2 percent increase for June year-over-year (YOY). Ranked second, St. Louis, Missouri, saw a 12 percent increase in YOY growth.

There was an increase in total square footage used and group sizes for both the U.S. top 25 and secondary markets The average space used for meetings in the top 25 markets was 4,127 square feet, with average attendees at 141, while secondary markets came in strong using 4,085 square feet, averaging 132 attendees.

  • Top five markets by YOY growth in event volume: Las Vegas was again a popular meeting spot in June as sports entertainment jumped into the top five industry segments, primarily as a result of meetings related to the National Hockey League (NHL) draft. Las Vegas ranked as the highest growth market in the top 25, averaging 8,297 square feet and 282 average attendees. Below is additional insight into the top industry drivers for these markets.
    • Las Vegas, Nevada (up 22.2 percent): National association, sports entertainment, technology, training/education, and wedding.
    • St. Louis, Missouri (up 12 percent): National association, wedding, social sports, financial/banking, and charity/non-profit/social services.
    • Nashville, Tennessee (up 6.8 percent): Consulting, healthcare, manufacturing, national association, and technology.
    • Orlando, Florida (up 2.8 percent): Technology, national association, state association, consulting, and charity/non-profit/social services.
    • Tampa-St. Petersburg, Florida (up 2.2 percent): Healthcare, wedding, national association, state association, and training/education.
  • Top five secondary markets by YOY growth in event volume: Louisville, Kentucky, led in secondary markets, with event bookings increasing 72.73 percent and financial/banking meetings as the leading industry driver. The five high-growth secondary markets and top industries were:
    • Louisville, Kentucky (72.73 percent): Financial/banking
    • Madison, Wisconsin (63.23 percent): Financial/banking
    • Sacramento, California (33.01 percent): Charity/non-profit/social services
    • Pittsburgh, Pennsylvania (29.23 percent): Manufacturing
    • Norfolk-Virginia Beach, Virginia (23.7 percent): Charity/non-profit/social services

Please click here to access the full original article.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
You should like too
View Post
  • Revenue Management

TakeUp and Cloudbeds Bring Enterprise-Level Revenue Optimization to Independent Hotels

  • Automatic
  • 29 May 2025
View Post
  • Revenue Management

IDeaS Accelerates Growth and Builds Business Momentum in Greece

  • 10minhotel
  • 28 May 2025
View Post
  • Revenue Management

The Role of a Hotel Revenue Manager: Responsibilities, Skills & How to Excel

  • Nashi Dasgupta
  • 28 May 2025
View Post
  • Revenue Management

U.S. tourism business faces ‘perfect storm’

  • Automatic
  • 27 May 2025
View Post
  • Revenue Management

The 2025 State of the Restaurant Industry Report

  • Automatic
  • 23 May 2025
View Post
  • Revenue Management

Navigating the Decline in International Travel: Strategies for Sustaining Occupancy & Revenue

  • Mia Belle Frothingham
  • 22 May 2025
View Post
  • Revenue Management

Competitive hotel rates: an economic perspective

  • Molly Feely
  • 22 May 2025
View Post
  • Revenue Management

How hotels can turn big events into big revenue

  • Automatic
  • 22 May 2025
Sponsored Posts
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers

    View Post
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ

    View Post
  • Day & Night: The Bold Rebranding Powering Shiji’s Presence in Global Hospitality Tech

    View Post
Last Posts
  • RateGain Introduces REMO: Its First AI Employee Focused on Empathy and Inclusion
    • 3 June 2025
  • Bridging the Gap Between Operations, Innovation: Jennifer Karpinsky, QSR Automations
    • 3 June 2025
  • Cogwheel Analytics Announces the Appointment of Ben Golson as Chief Operating Officer and Partner
    • 3 June 2025
  • JLL arranges $136M Fairmont Orchid loan
    • 2 June 2025
  • The Future of Restaurant Operations: Turning Tech Into a Strategic Ally
    • 2 June 2025
Sponsors
  • Influence Society Publishes Q2 Edition of Societies Quarterly for Visionary Hoteliers
  • Case Study: Refinery Hotel Redefines Revenue Management with LodgIQ
  • Day & Night: The Bold Rebranding Powering Shiji’s Presence in Global Hospitality Tech
Contact informations

contact@10minutes.news

Advertise with us
Contact Marjolaine to learn more: marjolaine@wearepragmatik.com
Press release
pr@10minutes.news
10 Minutes News for Hoteliers 10 Minutes News for Hoteliers
  • Top News
  • Posts
  • 🎙️ Podcast
  • 👉 Sign-up
  • 🌎 Languages
  • 📰 Columns
  • About us
Discover the best of international hotel news. Categorized, and sign-up to the newsletter

Input your search keywords and press Enter.