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HomeMy WebLinkAboutConvention and Visitors Bureau Departmental Budget PresentationCity of Virginia Beach Proposed FY 2026-27 Convention and Visitors Bureau Nancy Helman, Director of Convention and Visitors Bureau April 28, 2026 1 Trends & Issues 2 Virginia Beach Sports Center •Focused on attracting prestigious national events like the USA Volleyball Beach National Championship, the Stonewall Sports Tournament & Summit, the A-10 Men's and Women's Indoor Track & Field Championships, the CAA Men's & Women's Indoor Track & Field Championships •2026 S.P.O.R.T.S. The Relationship Conference, welcoming approximately 400 sports rights holders and destination representatives Resort Area Initiatives and Special Events •Virginia Beach will host the world’s largest women’s sports, music, and lifestyle festival when the Super Girl Festival arrives September 5-7, 2026. •Returning events include the Boardwalk Art Show, Neptune Festival, Jackelope Festival, Symphony by the Sea, Point Break Festival, and East Coast Surfing Championship Trends & Issues Continued 3 Convention Center Utilization •Event planners are increasingly focused on integrating technology, sustainability, and personalized experiences to meet evolving attendee expectations •Multiple projects are now underway as part of a comprehensive master plan to maintain and reinvest in the Convention Center Economic Recovery •Visitors to the City continue to increase to 14.3M in 2024, up from 14.1M in 2023. •Estimated visitor spend is up to $2.6B in 2024 up from $2.5B in 2023. •Visitor spending directly supports 34,076 job in the City Major Budget Changes – TAP Fund 4 •Multiple avenues for improving the City’s marketing efforts have been identified to create a more comprehensive marketing plan to enhance the City’s reach and promote the City as a premier travel destination. •Annualize the Super Girl Festival, a new sports tourism event, investing in new domestic markets, Google AI MAX, ad placements in podcasts and email, and a mobile destination app Increased Marketing Opportunities– $1,941,131 Major Budget Changes- TIP Fund 5 Expanded Entertainment Contract and Events $1,875,000 •Additional investment to expand and enhance entertainment opportunities •Enhancements to the Oceanfront Concert Series, Funk Fest, and July 4th Fireworks •Expanded events including East Coast Chess Championship, Sand Blast Jigsaw Puzzle Competition, and new weekend event Holiday Light Rework $1,010,000 •New walking experience at the Virginia Aquarium with some one time set up •Annual funding will be $210,000 for the holiday experiences including Santa Seaside Cinema, Santa Paws Tuesdays, and enhanced décor on Atlantic Major Budget Changes – General Fund 6 •Increase of rental charges for the Convention Center to keep up with the inflationary pressure on the cost to provide service without needing to increase general government support of the facility Convention Center Revenues $124,079 •Thorough evaluation of internal operations opportunities to right size funding based on need have been identified. Reductions have been made to event services and professional development training. Streamlining General Fund Operations $151,196 Questions? 7