CVB records another successful year

Monday, September 9, 2019

by VeloCityOKC

The Oklahoma City Convention and Visitors Bureau, a division of the Chamber, concluded another successful fiscal year on June 30. According to the CVB’s recently released Annual Report, the Oklahoma City convention and visitor industry continues to see growth and success in the wake of new additions to the Oklahoma City attraction market.

For the second year in a row, Oklahoma City exceeded $15 million in total hotel room tax, with a 3.5 percent increase over FY2018. Comparing FY2019 with FY2018 room night demand from a broad mix of business has increased by 3.16 percent, hotel revenue grew 2.97 percent and hotel room supply grew citywide by 6.5 percent. This growth continues an upward trend.

The CVB team concluded FY19 with 372,116 definite room nights produced in the convention, sports, group tours and equine markets. The CVB also provided registration and servicing to 269 groups and 48 site visits to potential groups. Oklahoma City also hosted 702 motor coach group tours during the fiscal year. The year-end economic impact for conventions and sports sales was $179,151,884.

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