Qualified Management Contracts: Public-Sector/Private-Sector Partnering to Achieve Common Objectives
Recently public and private sectors have partnered in development of convention hotel properties; publicly owned and privately managed. This article highlights unique features of qualified management agreements and compares them to typical contracts.
In a critique of the Brookings Institution Research Brief on Convention Centers as Economic Development Strategy, the authors challenge the validity of the its findings and present an alternative view of the status of the convention center industry.
Balancing Financial and Non-Financial Objectives in Public-Sector/Private-Sector Hotel Relationships
Public-/private-sector partnerships, while sometimes challenging, can certainly result in a win-win situation when financial and non-financial goals and objectives are clearly defined and effectively aligned.
The author discusses trends in the public support of hospitality projects, which is becomming increasing common as municipalities seek to improve their competitive position in the convention and conference center business.
Looking only at new spending and income are not sufficient to determine public sector investment in hotel and tourism projects, and a broader definition and measurement of the economic impact of these projects is necessary.
The Franklin County Convention Facilities Authority retained HVS International to analyze the feasibility of developing additional full-service convention hotel capacity in downtown Columbus, in the immediate vicinity of the Greater Columbus Conventi
In a presentation at the 2001 Annual Conference of the Government Officer's Association, Tom Hazinski, Managing Director of HVS Convention, Sports & Entertainment Facilities Consulting describes and critically examines the theory and practice of meas
Because of the limited availability of conventional financing for full-service convention center headquarters hotels, many governments are turning to the tax-exempt bond market to finance their projects.
Projection of future revenues from the room tax collection of five municipalities near Green Bay, Wisconsin. The Room Taxes may be pledged to support debt service on a proposed dedicated tax revenue bond issue. The proceeds from the Bonds will suppor
HVS performed a feasibility study of a proposed expansion of the Midwest Airlines Center (formerly known as the Midwest Express Center) and estimated the economic impact of the proposed expansion.