Plans move ahead for OKC convention center, hotel despite collapse in national market

At convention centers across the country, a fierce competition is taking place that pits what industry observers say is an oversupply of meeting space against shrinking demand.

 
BY STEVE LACKMEYER | Modified: November 10, 2012 at 1:52 am | Published: November 11, 2012   

Oklahoma City is moving ahead with development of a new $250 million convention center amid fierce national competition that pits what industry observers say is an oversupply of meeting space against shrinking demand.

photo - The Cox Convention Center is in downtown Oklahoma City.Photo by Steve Gooch, The Oklahoman
The Cox Convention Center is in downtown Oklahoma City.Photo by Steve Gooch, The Oklahoman

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The consequences include a sharp drop in bookings at one of America's largest convention centers in Chicago.

Heavily subsidized conference hotels, meanwhile — some also built after...
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