Orlando: Central Florida's Capital of Events and Economy
The city's main convention center is part of the calendar of major events in the United States and has the potential to attract many more.
The Orange County Convention Center (OCCC), located in the heart of Orlando, continues to solidify its position as one of the main drivers of the economy in the Central Florida region.
With its ability to host a variety of events, from conventions and conferences to meetings and exhibitions, the OCCC plays a crucial role in generating revenue and promoting local economic growth.
According to a data analysis provided by the OCCC, between the fourth quarter of 2022 and the third quarter of 2023, more than 170 events were held at the convention center.
These events not only attracted a large number of participants, but also had a significant economic impact, measured in the billions of dollars, thanks to the associated spending.
Looking at the data provided by the OCCC, it is clear that sporting events lead the way in terms of participation and economic impact.
With more than half a million participants and an economic impact of almost 700 million dollars, sporting events stand out as the main drivers of economic growth in the region.
In addition to sporting events, other categories of conventions also contribute significantly to the local economy.
The areas of hobbies and toys, health and medicine, animals and veterinarians and education recorded impressive numbers of participants and economic impact, demonstrating the diversity and scope of the events hosted by the OCCC.
Among the events that stood out in terms of traffic and economic impact were the AAU Jr. National Volleyball Championships and MegaCon Orlando.
Both events attracted hundreds of thousands of participants, consolidating Orlando as a destination of choice for large-scale events.
With a diverse roster of events and an impressive ability to attract attendees from a wide range of backgrounds and interests, the Orange County Convention Center continues to be a crucial catalyst for the economic development of Orlando and Central Florida as a whole.
As new events are planned and executed, the positive economic impact of these initiatives is expected to endure and continue to drive the region's growth for years to come.
How can you profit from this?
Investing in vacation homes in the Orlando area is an extremely advantageous business, considering the region's great capacity for attracting tourists due to its theme parks, and the Orange County Convention Center's (OCCC) potential for attracting events and participants makes this business even more secure and profitable.
With more than 170 conventions, conferences and meetings taking place every year, the OCCC attracts a large number of visitors to the area.
Many of these participants choose to travel in groups and have preferred to stay in vacation homes as a way of saving on travel costs.
This trend is an excellent opportunity for vacation home owners, as it offers a constant demand for high-quality accommodation.
By providing spacious and comfortable accommodation options for groups, owners can guarantee a stable source of income through short-term rentals.
In addition, the strategic location of these houses, with easy access to the convention center and other tourist attractions in Orlando, further enhances their appeal to event participants.
Therefore, investing in vacation homes in the Orlando area is a smart choice for those looking for opportunities in the United States.
Where to start?
You need a company to be your partner in this process, to advise you at every stage, to hold your hand and show you how to do it.
Selecta Realty is a renowned real estate company based in Orlando, specializing in helping Brazilian investors acquire properties in Florida.
With an established track record over the years, we stand out for our expertise in all stages of the purchasing process.
From the careful selection of properties that meet the specific needs of each client to the legal and bureaucratic advice involved in the international real estate transaction, our highly qualified and committed team offers comprehensive and reliable support at every stage.
If you are considering investing in Florida, contact us to receive personalized advice and begin your journey to success in the region's real estate market.
We're here to help you turn your goals into reality.