Public private partnerships, also known as PPP’s and P3’s, have
become increasingly important in the development of convention
headquarter hotels in the United States. This industry perspective
looks at why government agencies want to encourage convention
center hotel development along with an analysis of the methods
employed to do so. Several recent case studies from the State of California
are presented as examples of current practices. The paper
also examines how rising resistance to public expenditures on convention
hotels, along with tighter state and municipal budgets, are
likely to impact public–private financing schemes going forward.