Fredericton Convention Centre releases annual economic impact report
It was another big year for the Fredericton Convention Centre in 2016.
An economic impact report shows the centre generated $10.6 million in direct economic impact for the city – an increase of 11 per cent over 2015.
The total number of events dropped by 15 per cent to 214, but an increase in the length and attendance at events generated overall growth.
The total number of delegate days – which tallies the number of event participants by the length of each event – increased by 20 per cent.
"With more delegates attending events that lasted longer, increases were produced in areas including accommodation, food and beverage, transportation and retail," said a news release from the Fredericton Convention Centre.
Cathy Pugh, general manager of the Fredericton Convention Centre, says conventions do more than create dollars and cents.
"Conventions bring education and professional development to residents, attract global expertise to our city, promote awareness of local breweries, wineries, farms and seafood, all while building awareness of Fredericton as a destination," Pugh said in a news release.
"As we look forward to Canada's 150th this year and beyond, we're proud to continue to connect people from across Canada to Fredericton."