Jun 29, 2011

Las Vegas Market Officials Bullish on Summer Market

Las Vegas, NV – With five weeks remaining until the Summer Las Vegas Market, held Aug. 1-5, all indications point to anything but more dog days for manufacturers and retailers. Las Vegas Market officials are optimistic for a strong August show with better-than-expected increases in hotel bookings and pre-registrations as compared to recent markets.

Las Vegas Market has already sold nearly 80 percent of its hotel inventory to Las Vegas Market attendees for the same block of room nights. The pick-up rate is outpacing the same period last year by 36 percent.

Market pre-registration is also tracking ahead of recent shows, with 14 percent more buyers pre-registered than Winter 2010 Market. Significantly more retailers and designers are planning to attend as compared to last Summer.

“This is certainly encouraging news for our industry and our customers. It has been a very challenging summer at retail and we are excited that buyers are apparently searching for new products and ideas at Las Vegas Market,” said Robert Maricich, chief executive officer of International Market Centers, parent company of World Market Center Las Vegas. “It is extraordinary that so far registrations are well ahead of last year, especially at the magnitude above last summer’s Market. We have worked hard with our programming and buyer outreach to create a compelling reason to attend Las Vegas Market and these positive numbers are proving successful.”

Hotel partners of Las Vegas Market include Aria, Bally’s, Bellagio, Caesars Palace, Cosmopolitan, Golden Nugget, Hilton Grand, Mirage, Monte Carlo, NYNY, Palazzo, Paris, Planet Hollywood, PH Towers, Stratosphere, Treasure Island, Trump, Vdara and Wynn.

Registration for Summer 2011 Las Vegas Market is now open and discounted hotel rooms are still available online. Qualified attendees are able to register at www.lasvegasmarket.com and take advantage of group rates at some of Las Vegas’ best hotels, both on and off the Strip.

About World Market Center Las Vegas
World Market Center Las Vegas is an integrated home and hospitality contract furnishings showroom and trade complex. The campus showcases furniture, decorative accessories, gift, lighting, area rugs, home textiles and related segments, as well as the Las Vegas Design Center open daily to consumers and designers. For more information on World Market Center Las Vegas and its trade shows including the bi-annual Las Vegas Market and Gift+Home, visit www.wmclv.com. Find us on Facebook and Twitter.

World Market Center Las Vegas is a property of International Market Centers, L.P. (IMC), the world’s largest operator of premier showroom space for the furnishings, home décor and gift industries. International Market Centers owns and operates 11.5 million square feet of world-class exhibition space in High Point, N.C. and Las Vegas. IMC’s mission is to build and operate an innovative, sustainable, profitable and scalable platform for the furnishings, home décor and gift industries. For more information on IMC, visit imcenters.com.