“I’m comfortable in saying that as many years I’ve done this, very typically you see adjustments in the markets following these types of developments,” Warren said. “We’ve only had a month of this trend, but we’re finally seeing the demand exceed the new supply … There is a recovery we are seeing. It may not necessarily be a trend at this point, but it’s more positive than earlier this year.”
The Evansville area is being actively marketed to convention planners for the first time in several years, Warren said, and those planners often want to visit a community before booking an event. The city seeing some of those “feeling out” tours.
Evansville is bidding on a 2019 meeting of the Indiana Society of Association Executives. Warren said that’s not a large meeting, but it’s an influential one, attended by representatives of about 250 statewide groups that conduct their own annual conventions.
Warren said Evansville wants to fill its hotel inventory, but the infusion of a few hundred new rooms will foster some rate competition across the area, benefiting travelers.
“Ultimately the market will adjust, and we’re seeing some of that right now,” he said.