The Consumer Electronics Show, which attracts more than 140,000 attendees and hundreds of millions of dollars in revenues annually to Las Vegas, may be moving away from the city due rising costs, event organizers told NBC affiliate KBVC of Las Vegas according to MSNBC.
"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, according to the report.
Organizers complained of hotel charges five times the normal rate during the four-day event, as well as minimum room-night requirements and food and beverage guarantees.
The Las Vegas Convention and Visitors Authority said in a statement that it was listening carefully "to the concerns of trade show partners." It said it was in discussions with hotel industry leaders and CES representatives, according to the report.
CES organizers said the show would be back next year but said they were planning to pursue new, less expensive arrangements.
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