john kelley
Convention Center Hotels Boost Both Supply, Demand
John A. Kelley III, CHIA | June 30, 2017
By John Kelley, III, CHIA Municipalities across the United States are seeking approvals, funding or public-private partnerships to develop or redevelop their convention centers with an attached, big-box hotel. City councils in Kansas City and Oklahoma City are in process of getting approvals and funding secured while Portland, Oregon, and Chicago have such projects underway. One of the latest convention center hotel openings in the United States was the 600-room Hilton Cleveland Downtown, which opened on 1 May 2016. We analyzed supply and demand of four comparable tracts before and after development of their attached convention center h...
Measuring the Economic Benefits of Tourism
John A. Kelley III, CHIA | July 14, 2016
by John A. Kelley, III Some state fiscal budgets have been heavily scrutinized over the past decade due to considerable deficits, forcing the state legislatures to reduce spending in areas that are considered more or less discretionary. While each state has its own funding model for tourism spending, many states and municipalities levy occupancy, admission or other tourism-related taxes on the sale of products and services to fund tourism budgets. Taxes from the state's general fund are not always the main source of revenue for its tourism budget. Rather, tourism tax revenues are sometimes redirected into the state's general fund, which...
