Center for Exhibition Industry Research Unveils Trade Show Economic Impact Calculator

August 27, 2016

The Center for Exhibition Industry Research recently unveiled its Trade Show Economic Impact Calculator.

“CEIR’s Trade Show Economic Impact Calculator will help organizers further understand the impact of their shows and provide consistency across the exhibition industry in how we measure that impact,” said CEIR President and CEO Brian Casey, CEM. “More importantly, this tool offers the possibility of further correlating the value exhibitions have on their particular destinations.”

CEIR’s latest tool for exhibition organizers calculates the economic impact of their exhibition in the city in which the event is held.

The information generated provides substantive information for use in communicating the value of the event.

The calculator has been reviewed and endorsed by the International Association of Exhibitions and Events (IAEE) and the Society of Independent Show Organizers (SISO).

The IAEE Major American Trade Show Organizer (MATSO) Council offered input during the final stages of development.

With the development of this important tool, CEIR is formulating a much-needed standard that trade show organizers may utilize both individually and as a group of users to articulate the economic impact of their show(s) to a wide variety of audiences including destinations, government entities, federal legislators and internal boards, to name a few.

The calculator is comprised of four main areas:

·  General show information

·  Attendees

·  Exhibitors

·  Direct spend

The Trade Show Economic Impact Calculator will create a report for the organizer that breaks down and outlines the value generated by their exhibition. It is important to note that individual information provided will not be shared publicly.

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Overview: The award-winning Orange County Convention Center (OCCC) goes the extra mile to make every day extraordinary by offering customer service excellence and industry-leading partnerships. From their dedicated in-house Rigging team to their robust Exhibitor Services, The Center of Hospitality brings your imagination to life by helping you host unforgettable meetings and events. With more than 2 million square feet of exhibit space, world-class services and a dream destination, we are committed to making even the most ambitious conventions a reality. In October 2023, the Orange County Board of County Commissioners voted to approve allocating Tourist Development Tax funding for the $560 million Phase 5A completion of the OCCC. The Convention Way Grand Concourse project will include enhancements to the North-South Building, featuring an additional 60,000 square feet of meeting space, an 80,000- square-foot ballroom and new entry to the North-South Building along Convention Way. “We are thrilled to begin work on completing our North-South Building which will allow us to meet the growing needs of our clients,” said OCCC Executive Director Mark Tester. “As an economic driver for the community, this project will provide the Center with connectivity and meeting space to host more events and continue to infuse the local economy with new money and expanding business opportunities.” Amenities: The Center of Hospitality goes above and beyond by offering world-class customer service and industry-leading partnerships. From the largest convention center Wi-Fi network to custom LAN/WAN design, the Center takes pride in enhancing exhibitor and customer experience.  The OCCC is the exclusive provider of electricity (24-hour power at no additional cost), aerial rigging and lighting, water, natural gas and propane, compressed air, and cable TV services. Convenience The Center is at the epicenter of the destination, with an abundance of hotels, restaurants, and attractions within walking distance. Pedestrian bridges connect both buildings to more than 5,200 rooms and is within a 15-minute drive from the Orlando International Airport. The convenience of the location goes hand-in-hand with top notch service to help meet an event’s every need. Gold Key Members The OCCC’s Gold Key Members represent the best of the best when it comes to exceptional service and exclusive benefits for clients, exhibitors and guests. The Center’s Gold Key memberships with Universal Orlando Resort, SeaWorld Orlando and Walt Disney World greatly enhance meeting planner and attendee experiences offering world-renowned venues, immersive experiences and creative resources for their events. OCCC Events: This fiscal year, the OCCC is projected to host 168 events, 1.7 million attendees, and $2.9 billion in economic impact.  The Center’s top five events during their 2022-2023 fiscal year included:  AAU Jr. National Volleyball Championships 2023 200,000 Attendees $257 Million in Economic Impact MEGACON 2023 160,000 Attendees $205 Million in Economic Impact Open Championship Series 2023 69,500 Attendees $89 Million in Economic Impact Sunshine Classic 2023 42,000 Attendees $54 Million in Economic Impact Premiere Orlando 2023 42,000 Attendees $108 Million in Economic Impact