New York, N.Y.
The International Association of Conference Centres (IACC) has released the 2013 Edition of Trends in the Conference Center Industry, with this year’s version showing signs that IACC Conference Centers are experiencing recovery and "outperforming the broader hotel sector in relation to occupancies and profitability."
Demand for Conference Centers grew along with average rates, with executive-style Conference Centers performing better than average with an ADR increase of 5 percent over the previous year. This led to a higher-than-average rise in rates compared with the hotel industry average in 2012.
IACC's Trends in the Conference Center Industry is available on the IACC website.
