Randy Siner | NMBW
The Albuquerque Convention Center is awash in debt and has no money to make major improvements to the facility, a part of which is four decades old.
The Albuquerque Convention Center?
is awash in debt and has no money to make major improvements to the facility, a part of which is four decades old.Without the ability to make improvements to the convention center?s west portion, which was built in 1972, or the east side, which was built in 1991, Albuquerque could see its role as a convention destination greatly diminished, said city and tourism leaders.
The U.S. convention center industry is overbuilt and older facilities like Albuquerque?s are finding it more difficult to compete even for regional conventions, industry and city officials said.
The convention center ...
Covers: Banking/finance, health care, government, economic development, water, insurance
Source: http://feedproxy.google.com/~r/vertical_61/~3/NIiIHv6N8JE/convention-center-debt-age-inhibit.html
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