San Antonio, TX (April 5, 2017) – Visit San Antonio will participate in the second annual Global Meetings Industry Day (GMID) slated for Thursday, April 6, 2017, organized by the U.S. Travel Association’s Meetings Mean Business (MMB) coalition. GMID highlights the significant economic impact that conferences, conventions, trade shows and exhibitions have on local economies. In San Antonio alone, meetings and conventions booked by Visit San Antonio have an economic impact of more than $400 million each year.
“Travel is often linked with fun, which of course it is, so it’s very easy to lose sight of the significant financial impact that conventions and meetings bring as well,” said Casandra Matej, president and CEO of Visit San Antonio. “Organizations that host their meetings in San Antonio not only utilize our convention facilities, but also take advantage of our great shopping, restaurants and transportation options as well as contract local support companies. All of that spending has an important economic ripple effect throughout San Antonio.”
GMID is celebrated across Europe and North America and Events include rallies, press conferences, speaker panels, educational events, award presentations and proclamations. As part of GMID, Visit San Antonio staff will attend economic and security panel discussions of statewide stakeholders in Austin.
Visit San Antonio booked more than 600 meetings in 2016 resulting in more than 930,000 hotel room nights. One key meeting during the year was the Texas Music Educators Association’s annual convention, which welcomed more than 27,000 individuals to the city and booked more than 19,000 room nights for a total economic impact of approximately $17 million dollars.
Revenue from meetings also enables San Antonio to undertake capital improvement projects such as the Tobin Center for the Performing Arts, Hemisfair Park redevelopment and the expansion of the Henry B. Gonzalez Convention Center.
“Meetings, conventions, hospitality and tourism is a full-cycle paradigm that continually allows our city to not only re-invest and improve in the city, but raises the overall quality of life for the entire community,” added Matej.
To learn more about GMID, visit http://www.meetingsmeanbusiness.com/GMID. Follow and participate in the digital conversations at @MeetingsMeanBiz on Twitter and by using the hashtags #MMBusiness with #GMID17.
About Meetings Mean Business
Meetings Mean Business is an industry-wide coalition to showcase the undeniable value that business meetings, trade shows, incentive travel, exhibitions, conferences and conventions bring to people, businesses and communities. By rallying industry advocates, working with stakeholders, conducting original research, engaging with outside voices and more, the coalition brings the industry together to emphasize its importance. Comprised of over 60 members, the coalition unites the meetings industry with one strong and powerful voice. For more information, visit www.MeetingsMeanBusiness.com.
About Visit San Antonio
Visit San Antonio is a 501(c)6, and serves as the sales and marketing arm of San Antonio as a leading leisure and meetings destination. San Antonio welcomes 20.9 million overnight leisure visitors annually. Hospitality is one of the top five industries in the city, contributing $13.6 billion into the local economy and employing more than 130,000. More information about Visit San Antonio can be found at VisitSanAntonio.com.