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Originally Posted by Harley613
The only answer I have is 'more than that'. A friend of mine is the F&B Manager at the convention centre so I have an inside source on that in addition to what has been discussed in the past on here. During festivals and the busy summer tourist season (pre and hopefully post Covid) Ottawa's core is still short on accommodation.
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I work in this industry-the IT side of it and know quite a bit about the convention business coming in and out of the city. Setting aside the whole covid issue which has decimated the sector, the need for a hotel was very high. Conventions want often hotels that are connected to their space-the westin was always full. The westin also has a good amount of its own space and will want to fill its rooms with groups that are using their catering, their meeting rooms etc... So that is the westin's priority. It puts the shaw centre in a tough spot. Same goes for les suites and novotel. They are all partners but they have their own niche's and clients to serve.
Usually when bidding on a conference, there are enough hotels to cobble together the required room nights, but it often will involve 4 or more properties. Conference planners want to sign as few hotel contracts as possible-especially for the size of conferences that the Shaw Centre and Ottawa Tourism usually bid on. Those big 5000-10000+ conferences are a different animal but they are out of our league-we don't have the contiguous space at the shaw centre-that's another issue altogether. For the ones we do go after-the sweet spot so to speak, organizers don't want their guests spread all over the place and they don't want the risk of signing 4+ hotel contracts. So it puts Ottawa at a disadvantage. That's just one side of it. There are other considerations that would make a hotel in this spot a boon for the Shaw Centre.
That being said, building a hotel in this covid area carries risks-its success would be dependent on a return to live conferences which won't fully be realized for some time.