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Cape May County Herald - October 22, 2010

Media Outlet: 

Cape May County Herald


Aubrey Kent, Director of Temple's Sport Industry Research Center, recently presented a business plan for a new Convention Hall in Cape May to the local City Council. Though the Convention Hall is projected to lose roughly $111,000 a year after its opening, Kent said the majority of convention centers do not generate internal revenue. "Convention halls, nationwide and around the world, are not meant necessarily to be revenue drivers in and of themselves," he said, adding that they are aimed at sustaining the local economies where they are built.