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CES threatens move from Las Vegas
MSNBC, Wednesday, January 6, 2010 at 11:47:55 AM
Las Vegas' 31st International Consumer Electronics Show, which begins tomorrow at the Sands Expo Center, could be one of its last, organizers said Monday, saying they believe they can get a cheaper deal elsewhere.
CES, the largest consumer electronic trade show in America, brings in hundreds of millions of dollars in non-gaming revenue to Las Vegas each year. But CES officials told NBC affiliate KBVC of Las Vegas that the price of doing business has gone up every year, so much so that they are considering moving to another city.
"We've heard from our attendees, from our exhibitors... that the rates of hotels during the International CES are increasing out of proportion from what they think it should be," said Jason Oxman, chief spokesman for the show's organizer, the Consumer Electronics Association.
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Of the 20 largest hotels in the world, 17 are in Las Vegas.
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