Business Services Industry
Hotel & meeting facilities
Latin CEO: Executive Strategies for the Americas, August-Sept, 2002
"Sept. 11 threw a lot of curve balls at us," says Price, whose Graphics of the Americas annual trade show has been staged in Miami Beach since 1975. "This is the first year we haven't grown in attendance ... but I think we have turned the corner."
Just when that turn will result in a real resurgence is anyone's guess. One thing is certain: when the business and convention market roars again in Miami, a big part of it will come from the Americas. And Miami will be ready to accommodate. Says White, "If we didn't have these facilities, it would certainly diminish the attractiveness of Miami as a connecting point. We have other amenities, of which the airport is a critical component, but without the facilities we offer we wouldn't be in the running."
Greater Miami's Convention Business
Number of Number of Expenditures
Year Delegates Room Nights (in US$)
1985 300,000 787,500 $180,180
1986 401,822 1,054,783 $241,093
1987 475,000 1,176,161 $285,000
1988 546,250 1,308,000 $368,344
1989 600,000 1,500,000 $405,330
1990 650,000 1,750,000 $439,108
1991 620,000 1,674,000 $428,000
1992 680,000 1,850,000 $469,404
1993 704,000 1,970,000 $690,624
1994 * 1,155,954 2,521,120 $1,055,395
1995 * 1,405,950 2,952,495 $1,351,118
1996 1,445,825 3,036,232 $1,463,175
1997 1,100,200 2,500,800 $1,100,200
1998 856,000 2,341,900 $937,990
1999 898,800 2,458,995 $984,890
2000 943,740 2,581,945 $1,034,134
2001 955,500 2,711,042 $1,085,841
* Expenditure figures revised based in IACVB Annual Income Survey
RELATED ARTICLE:
Top Convention and Meeting Facilities
* AmericanAirlines Arena
* Biltmore Hotel and Conference Center of the Americas
* Coconut Grove Expo Center
* Doral Golf Resort & Spa
* Eden Roc/Renaissance Resort & Spa
* Fontainebleau Hilton Resort
* Hotel Inter-Continental Miami
* Hyatt Regency Miami
* James L. Knight International Center
* Kovens Conference Center
* Loews Miami Beach Hotel
* Mandarin Oriental Miami
* Miami Arena
* Miami Beach Convention Center
* Miami Dadeland Marriott
* Radisson Deauville Resort
* Radisson Mart Plaza Hotel & Convention Center
* Renaissance Hotel Biscayne Bay
* Sheraton Bal Harbour Resort
* Tumberry Isle Resort & Club
SNAPSHOT
Number of Latin American and Caribbean Visitors who came to Miami or business purposes last year: 529,000
Amount spent by foreign convention goers n Miami in the year 2001: US$1.1 billion
Number of new luxury hotel rooms added to Miami in last four years: 3,000
The Conference Center of the Americas
* The Biltmore Hotel's handsome central tower, one of Greater Miami's architectural landmarks, was modeled after the famous bell tower in Seville, Spain. But it is the hotel's most recent addition, the Conference Center of the Americas, that has put the Biltmore on the global map for meeting planners. With the addition of the center, the hotel adds 40,000 square feet of conference space to the 36,000 square feet in the main hotel. The new facility also jumps the hotel ahead in terms of technology, offering two separate amphitheaters, each with twin tiers and rear-screen projectors. Each theater also has three translation booths, ergonomic chairs for the audience and highspeed Internet connections for every seat. "The conference center has really evolved into an extension of the overall facility," says Eli White, corporate vice president for the Seaway Group, which owns the Biltmore. "IBM has their e-briefing center there, which brings in the top management of Latin American companies' For something more Old World, the Biltmore's client base of top multinationals also books space in the hotel. With full audio and video capabilities, the main conference rooms have ultra-high ceilings, fluted columns and a distinct elegance. The hotel also boasts the largest swimming pool in Florida, a tennis complex and an 18-hole golf course, all in the heart of Miami's residential suburb, Coral Gables.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- CORRECTION FROM SOURCE/Media Advisory: Fallen Canadian Soldiers and Journalist Return Home
- Fox Networks Group and Bright House Networks Strike Comprehensive Deal to Distribute Fox Broadcast Stations, National Cable and Regional Sports Networks
- Fox Networks Group and Time Warner Cable Strike Comprehensive Deal to Distribute Fox Broadcast Stations, National Cable and Regional Sports Networks
- Houston Radio D.J. Kevin Kline Completes 500-Mile, 13-Day Ultramarathon Across Texas for Kids with Cancer
- Seaspan Corporation Provides Information on the CSCL Hamburg
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions



