By Laura Moore, posted Dec 18, 2020 The Wilmington Convention Center has been coping with a loss of business with the goal of turning that around in the coming year. (Photo c/o Wilmington Convention Center) A venue that offers space for large events with hundreds of people is not exactly the prime business model during a pandemic. That, however, is the situation the Wilmington Convention Center has navigated this year.
With many associations and corporations issuing travel restrictions, conventions and banquets have canceled or rescheduled for next year, leaving the convention center holding on for a post-pandemic recovery.
The total event revenue loss since March, which includes event revenue loss in fiscal year 2020, as well as year-to-date for fiscal year 2021 is “a little over $2.8 million,” according to Fredia Brady, the convention center’s general manager.