2009 Annual Meeting

Julia EbnerFlorida Grand Opera’s

Young Performers Organization

Video of Flag & National Anthem

William D. Talbert III, CDMEPresident & CEO

Honorable Matti H. BowerMayor of Miami Beach

William D. Talbert III, CDMEPresident’s Report

Hospitality Jobs(October through September)

Percent change: -1.7%

104,800 103,000

People Employed

Number of Overnight Visitors(October through July)

10,438,700 10,132,773International

Domestic

Domestic : -3.7%

International: -2.1%

Total: -2.9%

Rooms Sold(October through August)

Percent change: -1.7%

10,248,987 10,078,628

Total Rooms Sold

Rooms Available(August 2008 v. August 2009)

Percent change: 10%

Total Rooms Available

Market Share(Top 25 Hotel Markets)

Percent change: 6.3%

Market Share

Global Revenue Per Available Room (Rev Par)

Beijing -54.1%

Madrid -40.1%

Mexico City -38.4%

Dubai -35.3%

Buenos Aires -34.6%

New York City -32.4%

Sydney -30.5%

Toronto -28.8%

London -26.9%

Paris -26.1%

Sao Paulo -23.6%

Rome -23.0%

Greater Miami -22.8%

Berlin -20.9%

January through August (2009 vs. 2008)

Revenue – Tourist Related Taxes(October through September Collections)

Miami Beach

Miami-Dade County(excluding Miami Beach)

Miami Beach : -1.7%

Miami-Dade County: -13.2%

Total Tourist Tax: -10.3%

$113,638,719$126,753,801

International Representation Network

• Argentina

• Brazil

• France

• México

• United Kingdom

Historical Network Recent Additions

• Canada

• Colombia

Future Expansion

• Costa Rica

• Ecuador

• Italy

• Peru

• Venezuela

Convention Sales 2008-2009 Activity

• Leads 1,166

• Bookings 524

• Total Room Nights 340,131

Economic Impact to Greater Miami: $160 Million

Upcoming Conventions• American Academy of Allergy, Asthma & Immunology (Nov. 7 - 9)

• Kenes International Parkinsons Conference (Dec. 13 - 16)

• Society of Critical Care Medicine (Jan. 10 - 12)

• American Academy of Dermatology (Mar. 6 - 9)

• American Institute of Architects (June 10 - 12)

Total Delegates: 43,000Economic Impact: $44,000,000

Major Upcoming Events

Gene Prescott Board Chair

Partners

Convention Center Expansion

Travel Promotion Act

Steven HaasBoard Chair-Elect

William D. Talbert III, CDMEPresident & CEO

Miguel PeñaPresident, Southern Florida Concierge Association

Nominees for Concierge of the Year

• Noel Lanzas – The Ritz-Carlton, South Beach

• Francois Calixte – Conrad Miami

• Rafael Velazquez – Sofitel Miami

• Tatiana Echeverri – Acqualina Resort & Spa on the Beach

Concierge of the Year Winner

Francois CalixteConrad Miami

William D. Talbert III, CDMEPresident & CEO

November 20-22, 2009

Thank You

2009 Annual Meeting