Outdoor Retailer events head list of Utah's top conventions
Matt Gade, Deseret News
SALT LAKE CITY — When you are home to the “greatest snow on earth,” it draws attention from thousands of people in the outdoor recreation industry. And that spells prestige and dollars for Salt Lake City's multimillion dollar convention business.
An estimated 22,000 manufacturers, retailers and suppliers to the outdoor industry will descend on Utah this week for the annual Outdoor Retailer Winter Market 2014 expo that runs Wednesday through Saturday at the Salt Palace Convention Center.
The winter market — the second-largest convention in the state behind only the Outdoor Retailer summer event — generates more than $20 million in direct spending for Salt Lake City and the state of Utah, according to Visit Salt Lake, the city's visitors and convention bureau.
Total spending figures are based on surveys of convention delegates conducted by the University of Utah’s Bureau of Economic and Business Research during the past five years that indicate the average visitor spends $923 while attending a convention in Salt Lake City.
This week's event also features U.S. Secretary of the Interior Sally Jewell, keynote speaker who will address outdoor enthusiasts Wednesday. Jewell, former CEO of REI, spoke in October of the need to entice the next generation to appreciate and preserve America's outdoor resources and is expected to echo those comments she made at the National Press Club in Washington, D.C.
“President Obama believes that we have a moral obligation to the next generation to leave our land, water, and wildlife better than we found it,” Jewell said.
Focusing on recreation
Since moving the summer and winter markets to Salt Lake City in 1996, direct delegate spending by Outdoor Retailer attendees has totaled more than $468 million, accounting for nearly $43.6 million in city, county and state taxes, said Scott Beck, president and chief executive officer for Visit Salt Lake.
“When it first came to Salt Lake, this trade show had about 6,000 attendees and was about a 200,000-square-foot show,” said Beck. “In 2014, we’re now at 22,000 people and nearly a 750,000-square-foot show.”
He said the growth in the Outdoor Retailer shows a strong bond with Utah from trade professionals who attend each year.
“It means you have an incredible place — the Salt Lake regional area — that people in the industry feel very much connected to as a destination,” Beck said. “This incredible marketplace for the products is what really make this show important for us.”
Despite being closed to the public, the winter event and its larger sibling, the summer market, together produced about $45 million in delegate spending last year.
"What makes being here special is that the people of this state live and breathe outdoor recreation, which resonates so well with the industry audience,” said Kenji Haroutunian, Outdoor Retailer show director and vice president of Emerald Expositions, which puts on the event.
Meanwhile, as legislators in Utah and across the country begin their annual lawmaking sessions, some outdoor advocates connected with the winter market said outdoor recreation can and should be an economic strategy for every state in the nation.
The Outdoor Industry Association recently released The Outdoor Recreation Economy, a report showing that outdoor recreation is a major economic driver in the United States — and one that has grown throughout the recession.
- 10 things to know about corporate inversions
- 6 financial moves to prevent sleepless nights
- Amish country bristles at ‘Mafia’...
- 3 ways insurers can still avoid covering the...
- Varian Medical breaks ground on Salt Lake...
- Summit County sees credit card breach after...
- Fallon to lead honors as Leno wins top humor...
- Cantwell targets small business loan gender gap
- 10 things to know about corporate... 26
- 3 ways insurers can still avoid... 12
- Amish country bristles at... 10
- Mimicking the airlines, hotels get... 9
- Paul Mero steps down as head of... 9
- Burger King in talks to buy Tim Hortons 8
- California push to avert higher gas... 3
- Cantwell targets small business loan... 3