Brewed Fresh Daily

Chris Thompson thinks Don's idea bears some thought. He sent it out in today's Crain's Update (but you know that because you subscribe and read Don's blog:

Economic development guru Don Iannone throws out an interesting option for convention center advocates. He wonders whether a real estate investment trust, known as a REIT, could be formed to privately finance several convention centers in multiple markets. Not sure how realistic the idea is since convention centers are notorious money losers, but it is an interesting concept that deserves some attention.

If traditional convention centers are money losers, how do we change the model so its an investment winner? Somebody around here needs to buy Convention Tourism: International Research and Industry Perspectives, and figure out if we need to build a convention center, how we attact people to use it!