Organizers of the International BoatBuilders' Exhibition and Conference today announced plans to relocate the annual marine industry show to Louisville, Ky.
IBEX 2010 will take place Sept. 28-30 at the Kentucky Exposition Center, organizers Professional BoatBuilder magazine and the National Marine Manufacturers Association said in a statement. This year's show is set for Oct. 12-14 in Miami Beach, where it has taken place for seven years.
"Over the years, our attendees and exhibitors have expressed increasing concerns about the high costs in South Florida," said Carl Cramer, IBEX co-director and publisher of Professional BoatBuilder magazine, in a statement. "Our primary duty as show producers is to keep our constituents happy and to produce a high-quality trade show. We are confident our location in Louisville will prove to be a successful new beginning."
Cost savings for exhibitors and attendees was the primary motivation for the show's change in location. Lower facility costs will provide exhibitors a reduction in exhibit-space and labor costs.
Labor rates at the Kentucky Exposition Center will be down as much as 8 to 10 percent from the Miami Beach Convention Center, according to organizers. In addition, Louisville hotel rates, as well as food and beverage costs - often chief concerns with the Miami Beach venue - will likely see more than a 20 percent reduction with the new location.
"IBEX has had a tremendous run in Miami Beach. However, given recent changes in today's economy and the boating industry, we felt show exhibitors and attendees would benefit from the move to a more central location that will help lower their costs to participate," NMMA president Thom Dammrich said in a statement.
The Kentucky Exposition Center is the sixth-largest convention facility in the United States and can easily accommodate IBEX exhibitors, attendees and activities, as well as the new MAATS Aftermarket Pavilion, while allowing for future growth.