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Breakfast with Interbike Recap Interbike’s requirements What’s up with Vegas? What are the best new options? Pros & cons of these selections? Our recommendation Questions and answers January 19, 2008 Interbike’s top requirements
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Breakfast with Interbike • Recap Interbike’s requirements • What’s up with Vegas? • What are the best new options? • Pros & cons of these selections? • Our recommendation • Questions and answers January 19, 2008
Interbike’s top requirements • Contiguous exhibit space of at least 700,000 gross square feet and ample meeting room space • Event should be located where we can maximize attendance, eh? • A large and diverse selection of affordable hotels, restaurants and entertainment options conveniently located to the event • An international airport located within close proximity of the event with many flight options, numerous carriers and low airfare rates • Relaxed union regulations / high quality services • OutDoor Demo requires great weather, extensive cross country/downhill trails and a closed road loop • Event market is recognized as a cycling culture destination
Interbike’s top requirementsLas Vegas • Contiguous exhibit space of at least 700,000 gross square feet and ample meeting room space - YES • Event should be located where we can maximize attendance, eh? - YES • A large and diverse selection of affordable hotels, restaurants and entertainment options conveniently located to the event - YES • An international airport located within close proximity of the event with many flight options, numerous carriers and low airfare rates - YES • Relaxed union regulations / high quality services – Believe it or not,YES • OutDoor Demo requires great weather, extensive cross country/downhill trails and a closed road loop - YES • Event market is recognized as a cycling culture destination – NO Las Vegas: 6 out of 7 = A-
What’s up with Vegas On paper it is hard to beat, but….. • Some unconfirmed rumors about the future of the Sands Convention Center • Waning interest in staying there from both exhibitors and retailers • Even with present efforts in place; lack of cycling culture • By 2009 it will be 12 years in Las Vegas!
Some Options • Denver, CO • Anaheim, CA • Salt Lake City?
PROS Very relaxed labor and drayage regulations Cycling friendly region, more in line with industry’s preference Large event in a small town = red carpet treatment No gambling, less distractions Bike industry may have greater impact on local advocacy Good options for OutDoor Demo Greener, cleaner and leaner Change is good, change might be welcomed CONS Salt Palace will not come close to accommodating the 3,100+ booths with current floor plan configurations Individual spaces in main exhibit area will need to be created as peninsulas 300 - 400+ booths in ancillary Convention Center spaces still needed Space growth opportunities will be very challenging Interbike’s host lodging options sometimes as far as 20 miles from Expo Increases in average air fare rates, no direct international flights Far fewer restaurants and entertainment options. Longer lines and wait times Salt Lake City, UT
Interbike’s top requirementsSalt Lake City • Contiguous exhibit space of at least 700,000 gross square feet and ample meeting room space - NO • Event should be located where we can maximize attendance, eh? - NO • A large and diverse selection of affordable hotels, restaurants and entertainment options conveniently located to the event - NO • An international airport located within close proximity of the event with many flight options, numerous carriers and low airfare rates – Not really • Relaxed union regulations / high quality services – YES! • OutDoor Demo requires great weather, extensive cross country/downhill trails and a closed road loop – YES • Event market is recognized as a cycling culture destination – YES Salt Lake City: 3 out of 7 = D+
Our Best Options • Denver, CO • Anaheim, CA
Denver, CO Key Features • 584,000 gross square feet of contiguous exhibit space • 63 meeting rooms, totaling 100,000 square feet of space • Projected 7,000 hotel rooms & 300 restaurants within walking distance of DCC • Central USA location
PROS Lovely new convention center with adequate contiguous floor space and ample meeting rooms. Good possibilities for OutDoor Demo Strong recognition as cycling friendly region and environment More central U.S. location attractive Good base of industry companies in both retail and manufacturing Good international airport Great potential for public day considerations Big fish - small pond CONS Must use union labor and skill levels are below average = more expense Denver Int’l Airport (DIA) has higher cost of airfare on average with less carriers and direct flights Transportation expense to and from DIA (22 miles) Higher average daily rates for lodging Weather could be an issue for OutDoor Demo Potential dip in retail attendance from both coasts Unproven facility and market for event as large as Interbike Denver, CO
Interbike’s top requirementsDenver • Contiguous exhibit space of at least 700,000 gross square feet and ample meeting room space – Not really, but could work • Event should be located where we can maximize attendance, eh? – YES / NO • A large and diverse selection of affordable hotels, restaurants and entertainment options conveniently located to the event - YES • An international airport located within close proximity of the event with many flight options, numerous carriers and low airfare rates - NO • Relaxed union regulations / high quality services - NO • OutDoor Demo requires great weather, extensive cross country/downhill trails and a closed road loop - YES, if it doesn’t snow • Event market is recognized as a cycling culture destination – YES Denver: 4 out of 7 = C+
Anaheim, CA Key Features • 671,500 gross square feet of contiguous exhibit space • 48 meeting rooms totaling 119,500 square feet of space • By 2010, 9,000 hotel rooms and 125 restaurants within walking distance of the convention center • Serviced by one int’l airport and three regional airports
PROS Newly renovated convention center with adequate contiguous floor space and ample meeting rooms Newly renovated areas around event Good possibilities for OutDoor Demo Good recognition as cycling friendly region and environment Very strong base of industry companies in both retail and manufacturing 2,500 flights daily, hosted by an international airport and 3 supporting regional airports Adequate quantities of affordable new lodging, restaurants and entertainment options within a short radius of the convention center Union help is friendly and skilled Great potential for public day considerations Big fish - small pond Proven track record CONS The Anaheim stigma Must use union labor = more expense Transportation to and from all airports - not like Vegas (36 – 13 miles) Location considered all west coast Potential dip in retail attendance from eastern states Anaheim, CA
Interbike’s top requirementsAnaheim • Contiguous exhibit space of at least 700,000 gross square feet and ample meeting room space - YES • Event should be located where we can maximize attendance, eh? – YES • A large and diverse selection of affordable hotels, restaurants and entertainment options conveniently located to the event - YES • An international airport located within close proximity of the event with many flight options, numerous carriers and low airfare rates - YES • Relaxed union regulations / high quality services – NO/YES • OutDoor Demo requires great weather, extensive cross country/downhill trails and a closed road loop – YES • Event market is recognized as a cycling culture destination – YES Anaheim: 6 out of 7 = A-
Interbike’s Recommendation • Best concentration of retail businesses within driving distance • Renovated facilities and city are impressive and fit the active lifestyles of our industry • Ample contiguous exhibit space and meeting rooms • Strong OutDoor Demo options with guaranteed good weather • International and domestic flights are plentiful and affordable through numerous carriers • Good number of affordable and quality lodging options • Ancillary event features such as cycling races, networking opportunities, advocacy initiatives and celebrations will be easy to produce • A proven track record • Big fish-small pond environment Anaheim, CA - 2010