reinventing convention center pricing

11
Reinventing Convention Centre Pricing A Collaborative Approach

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Session: Reinventing Convention Center Pricing Presented by: Claire Smith CMP, Vice President, Sales & Marketing, Vancouver Convention Centre Date and time: Wednesday, June 26, 11:45am pcma.org/educon

TRANSCRIPT

Page 1: Reinventing Convention Center Pricing

Reinventing Convention Centre

Pricing

A Collaborative Approach

Page 2: Reinventing Convention Center Pricing

Learning Outcomes• Understand how the current convention

center pricing model is no longer sustainable.

• Collaborate with meeting industry professionals and destinations to create solutions that will be viable for both facilities and planning organizations.

• Further enhance industry relationships while creating a greater understanding of both sides of the issue.

Page 3: Reinventing Convention Center Pricing

The Session

•The Issue

•Looking back to Convening Leaders

•Problem solving

• Idea sharing

•Report back

Page 4: Reinventing Convention Center Pricing

FRAGILE ECONOMY

Page 5: Reinventing Convention Center Pricing

Corporations

Associations

BUDGET PRESSURE

Venues

Page 6: Reinventing Convention Center Pricing

BROKEN MODEL

> Free rental > Free Internet

> Reduction in F&B

> Commissionable> Room rebates > Services charges

Page 7: Reinventing Convention Center Pricing

Looking Back at Convening Leaders

Page 8: Reinventing Convention Center Pricing

Problem Solving

Page 9: Reinventing Convention Center Pricing

Idea Sharing

Page 10: Reinventing Convention Center Pricing

Report Back

Page 11: Reinventing Convention Center Pricing

Thank You

Thank you to our Table Leaders