The Economic Impact of Conferences on Fort Collins
While we are not a Las Vegas or San Diego, Fort Collins receives a healthy dose of conferences each year. Convention business in the city generates about $17.5 million in economic activity per year. Tourism as an industry is an intense generator of tax income for the city (16.6 percent of sales tax revenue). To support our out of town visitors, the Fort Collins tourism sector employs 7 percent of the Fort Collins workforce.
The Fort Collins Convention and Visitors Bureau (CVB) works to bring in conventions such as the American Collegiate Hockey Association National Championship, Magic in the Rockies (professional magicians), and the USA Cycling Collegiate Cycling Championships.
Based on research the CVB completed in 2005, we know that convention delegates spend an average of $233 per day in Fort Collins on lodging, dining and retail purchases. This spending translates into employment in the local tourism industry and sales tax revenue for City operations.
If you want to have a hand in bolstering the Fort Collins economy, consider Fort Collins as the location for your professional organizations next convention or conference. The CVB will help and support you to make it happen. Contact Tyler James at the CVB for more information (970) 232-3840.