New PKF Study Shows Rate, Occupancy Growing at Conference Centers

The 2014 version of PKF's Trends in the Conference Center Industry shows that member facilities of the International Association of Conference Centres shows recovery across the board, although not at the precipitous rate of the rest of the hospitality industry, based on numbers from 2013. The average daily rate rose from $128.93 in 2012 to $132.62 in 2013, a 3 percent change. "Our members are managing costs well, and more people are walking through their doors," said Mark Cooper, IACC's CEO. "And our members have money to invest wisely." The report is available for purchase at the IACC store (, for $450; $350 for IACC members.