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The Premium Report on Convention and Visitors Bureaus contains information used by Marketing Departments in many of the Fortune 1,000 companies and beyond. The report helps identify industry changes, trends, key players, and growth opportunities.

Current State of the Convention and Visitors Bureaus Industry

This section provides answers to five fundamental and commonly-asked questions about the industry:
  1. What is the total market size ($ millions)?
  2. How much has the market grown or declined?
  3. Are long term forecasts positive or negative?
  4. How large is the average company?
  5. How many companies are in the industry?

Market Size - Convention and Visitors Bureaus

The total U.S. market size for the Convention and Visitors Bureaus industry includes all companies, both public and private. In addition to total revenue, the table contains details on employees, companies, and average firm size.

Metrics 2004        2005        2006        2007        2008        2009
Market Size
(Total Industry Sales)
Available
Included with Instant Access

Order at top of page
Total Firms
Total Locations
(Headquarters and Branches)
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Source: Analysis of US Census data, updated June 8 2010
market size growth Convention and Visitors Bureaus
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.


Market Forecast - Convention and Visitors Bureaus

Market forecasts show the long term outlook for the Convention and Visitors Bureaus industry. The following five-year forecast utilizes advanced econometric techniques that take into account both short-term and long-term industry trends.

Forecast200920102011201220132014
Revenue ($ billion) AVAILABLE
Convention and Visitors Bureaus market forecast & projections
Source: AnythingResearch.com Economic Analysis


Product & Services Breakdown

The following products and services account for the largest source of revenues in the Convention and Visitors Bureaus industry. Note that there are multiple levels of classification, so some line items are contained within other lines.

Product DescriptionNumber of Companies Sales ($ millions) Percent of Total Sales

Industry Total

AVAILABLE

Arranging, Assembling, & Marketing Pre-Packaged Tours

AVAILABLE

Arranging, Assmb, & Marketing Pre-Packaged Tours - Domestic

AVAILABLE

Convention Planning & Assistance Services

AVAILABLE

Visitor Information & Sightseeing Tour Service

AVAILABLE

Training Workshops In Tourism & Related Subjects

AVAILABLE

Convention Support Services

AVAILABLE

Research Service On Tourism

AVAILABLE

Other Travel Related Services

AVAILABLE

All Other Operating Receipts

AVAILABLE


Income Statement (Average Financial Metrics) - Convention and Visitors Bureaus

Financial metrics provide a snapshot view of an "average" company in the Convention and Visitors Bureaus industry. Key business metrics show revenue and operating costs. The data collected is industry-wide, covering both public and private companies in the industry.

Industry AveragePercent of Sales
Total Revenue AVAILABLE
Included in Report

Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: Analysis of U.S. federal statistics




Financial Ratio Analysis - Convention and Visitors Bureaus

Financial ratios can be used to compare how a company in the Convention and Visitors Bureaus industry is performing relative to its peers. Financial ratios are calculated from the industry-average for income statements and balance sheets.

Liquidity Ratios - Convention and Visitors Bureaus IndustryIndustry Average
Liquidity Ratios measure how liquid a business is. Bankers and suppliers may use these to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Included
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.
Included


Efficiency Ratios - Convention and Visitors Bureaus IndustryIndustry Average
Efficiency Ratios measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low compared to the industry average, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Included
Average Collection Period
Based on the Receivables Turnover Ratio, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover Ratio
Included
Inventory Turnover Ratio
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Included
Fixed-Asset Turnover Ratio
Generally, a higher ratio is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.
Included



Geographic Distribution

The concentration of employees by states indicates how the industry (companies and workforce) is distributed throughout the country.

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Move mouse over states to see employment numbers
Note: Round numbers are estimates. Precise numbers are actuals.
Source: US Census


Compensation & Salary Surveys for Employees Working in Convention and Visitors Bureaus

Compensation statistics provides an accurate assessment of jobs in the Convention and Visitors Bureaus industry and national salary averages. This information can be used to asses which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management occupations 6% AVAILABLE
Included in Report

Order at top of page
Chief executives0%
General and operations managers3%
Sales and related occupations 47%
Travel agents 35%
Office and administrative support occupations 31%
Customer service representatives 8%
Reservation and transportation ticket agents and travel clerks 9%
Source: Bureau of Labor Statistics Convention and Visitors Bureaus market size


Companies in Convention and Visitors Bureaus and Adjacent Industries

CompanyAddressKey Contact
AVAILABLEAVAILABLEAVAILABLE


Public Convention and Visitors Bureaus Company News

Web scan for recent news about publicly traded companies in the Convention and Visitors Bureaus industry.


Government Contracts Related to Convention and Visitors Bureaus

In 2008, the federal government spent a total of $1,649,106 on Convention and Visitors Bureaus. It has awarded 23 contracts to 15 companies, with an average value of $109,940 per company.   

Top government vendors:

Company Federal Contracts Total Award Amount
AVAILABLEAVAILABLEAVAILABLE



The Industry Report on Convention and Visitors Bureaus contains the key pieces of information used by strategy and management consultants to identify market trends and accurately measure growth and industry performance.

Current State of the Convention and Visitors Bureaus Industry

This section provides answers to five fundamental and commonly-asked questions about the industry:
  1. What is the total market size ($ millions)?
  2. How much has the market grown or declined?
  3. Are long term forecasts positive or negative?
  4. How large is the average company?
  5. How many companies are in the industry?

Market Size - Convention and Visitors Bureaus

The total U.S. market size for the Convention and Visitors Bureaus industry includes all companies, both public and private. In addition to total revenue, the table contains details on employees, companies, and average firm size.

Metrics 2004        2005        2006        2007        2008        2009
Market Size
(Total Industry Sales)
Available
Included with Instant Access

Order at top of page
Total Firms
Total Locations
(Headquarters and Branches)
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Source: Analysis of US Census data, updated June 8 2010
market size growth Convention and Visitors Bureaus
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.


Income Statement (Average Financial Metrics) - Convention and Visitors Bureaus

Financial metrics provide a snapshot view of an "average" company in the Convention and Visitors Bureaus industry. Key business metrics show revenue and operating costs. The data collected is industry-wide, covering both public and private companies in the industry.

Industry AveragePercent of Sales
Total Revenue AVAILABLE
Included in Report

Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: Analysis of U.S. federal statistics




Financial Ratio Analysis - Convention and Visitors Bureaus

Financial ratios can be used to compare how a company in the Convention and Visitors Bureaus industry is performing relative to its peers. Financial ratios are calculated from the industry-average for income statements and balance sheets.

Liquidity Ratios - Convention and Visitors Bureaus IndustryIndustry Average
Liquidity Ratios measure how liquid a business is. Bankers and suppliers may use these to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Included
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.
Included


Efficiency Ratios - Convention and Visitors Bureaus IndustryIndustry Average
Efficiency Ratios measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low compared to the industry average, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Included
Average Collection Period
Based on the Receivables Turnover Ratio, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover Ratio
Included
Inventory Turnover Ratio
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Included
Fixed-Asset Turnover Ratio
Generally, a higher ratio is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.
Included



Compensation & Salary Surveys for Employees Working in Convention and Visitors Bureaus

Compensation statistics provides an accurate assessment of jobs in the Convention and Visitors Bureaus industry and national salary averages. This information can be used to asses which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management occupations 6% AVAILABLE
Included in Report

Order at top of page
Chief executives0%
General and operations managers3%
Sales and related occupations 47%
Travel agents 35%
Office and administrative support occupations 31%
Customer service representatives 8%
Reservation and transportation ticket agents and travel clerks 9%
Source: Bureau of Labor Statistics Convention and Visitors Bureaus market size


Companies in Convention and Visitors Bureaus and Adjacent Industries

CompanyAddressKey Contact
AVAILABLEAVAILABLEAVAILABLE


Public Convention and Visitors Bureaus Company News

Web scan for recent news about publicly traded companies in the Convention and Visitors Bureaus industry.





Recent News about Convention and Visitors Bureaus

  • Gulf Coast beaches update: The oil spill on the Gulf Coast has states and visitors bureaus working hard to keep the public updated and reassure beach-bound travelers.
  • Final chance offered to be in visitors guide: A last call is going out for business owners, event organizers and operators or managers of anything uniquely Sampson to provide their information for inclusion in the countys first-ever visitors guide.
  • 25 ways to save on travel: With these cost-saving tips for trips, money concerns won't bend you out of shape.
  • Letters to the editor: June 15, 2010: Here are letters to the editor from Daily News editions of June 15, 2010.
  • Design Automation Conference 2010 Exhibitor Profiles: ANAHEIM, Calif.----Design Automation Conference 2010 takes place June 13 - 18, 2010 at the Anaheim Convention Center in Anaheim, CA.
  • Gulf Coast beaches update: Oil coming ashore on the Gulf Coast has tourists keeping a close eye on conditions. States and visitors bureaus are working hard to keep the public updated and reassure beach-bound travelers.
  • Salt Lake offers largest bank of genealogy records: Salt Lake City -- When Jan Gow makes her annual pilgrimage from New Zealand to Salt Lake City, it's not to enjoy Utah's ski resorts, red rock canyons or five national parks. It's for the ribbons of microfilm and endless volumes of maps, cemetery and property records tucked inside the Family History Library.
  • House Tourism Committee approves Great Lakes Bay Regional Convention and Visitors Bureau: The Michigan House of Representatives Tourism Committee on Friday approved a bill that would allow for the creation of a Great Lakes Bay Regional Convention and Visitors Bureau.
  • Visitors generate $4 million for Leavenworth: Travelers who spent the night in Leavenworth in 2009 generated more than $4 million for the local economy, according to the director of the Convention and Visitors Bureau.
  • Glendale welcomes West Valley's first visitors bureau: The West Valley's first Convention and Visitors Bureau will open this month in Glendale.
  • Convention Center looks to the future: First 10 years equals $135M GLANCE ACROSS RIVER STREET to the opposite shore of the Savannah River, and you'll see a view that's a lot different than it was a decade ago. The Savannah International Trade and Convention Center sits little more than shouting distance from City Hall, like an alabaster ambassador. It draws thousands to the Hostess City, although it's not a money generator itself ...
  • Event will launch Indiana 500 Tour: Richmond is one of five Indiana cities that this week will launch the Indiana 500 Tour, a new tour and travel opportunity as part of a collaboration between the Association of Indiana Convention and Visitors Bureaus and Ball State University students.
  • Michigan Tourism 'Stars of the Industry' Honored at the 'Pure Michigan Governor's Conference-Driving Tourism 2010': Twelve shining examples of excellence in Michigan lodging and tourism industries were recently honored last night as "Stars of the Industry" by the Michigan Lodging and Tourism Association.
  • America's Most-Visited Cities: Even during a downturn, these spots welcomed millions of travelers.
  • ADDING and REPLACING 2010 BIO International Convention Exhibitor Profiles: CHICAGO----Please note the addition of Archivel Farma S.L., BIO5 Institute, Izon Science, and SOLVO Biotechnology to the list of exhibitor profiles in release dated April 29, 2010.


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  Premium Report Standard Report
Current State of the Industry Current State of Convention and Visitors Bureaus Current State of Convention and Visitors Bureaus
Market Size (historical trends) Convention and Visitors Bureaus Market Size Convention and Visitors Bureaus Market Size
Market Forecast (5-year projection) Convention and Visitors Bureaus Market Forecast  
Products/Services Breakdown Products & Services  
Financial Metrics Financial Metrics Financial Metrics
Salary & Compensation Statistics Salary Statistics Salary Statistics
Key Companies companies companies
Public Company News company news company news
Government Vendors government vendors  
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