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Busy conference centers, IACC look to grow overseas.

Article Excerpt
After years of declining revenues, the conference center industry saw a financial turnaround in 2004 and several conference center management companies and the industry's organization are launching global expansion drives and tapping new markets to capitalize on the boom in demand.

Hospitality specialists PKF Hospitality Research, in the 2005 edition of Trends in the Conference Center Industry, predicted an average year-over-year increase in occupancy of 9 percent in 2005 for the conference center industry, matched by a 4 percent increase in package pricing (Meetings Today, June 6).

"We are forecasting a great year," said Barbara Rogers, director of marketing and public relations for conference center chain Dolce International. "We're seeing a lot of new customers come into the conference center sector and our facilities. We see there has definitely been an upturn in...

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