January 24, 2019 ACVB Executive Committee Meeting Presentation

ACVB EXECUTIVE COMMITTEE MEETING THURSDAY, JANUARY 24, 2019 | 8:00 a.m.

ACVB BOARD ROOM

CALL TO ORDER

PLACE IMAGE HERE

DEXTER WARRIOR CHAIR, BOARD & EXECUTIVE COMMITTEE

SUPER BOWL UPDATE BRETT DANIELS COO PLACE IMAGE HERE

ATLANTA SUPER BOWL HOST COMMITTEE

DESTINATION REPORT

PLACE IMAGE HERE

MARK VAUGHAN EVP/CSO

ATLANTA OCCUPANCY – DECEMBER 2018 December 2018 YTD Occupancy ACVB Tax Revenue District

Hotels w/500+ rooms

Hotels within 1-mile radius of GWCC

Metro Atlanta

Source: STR

2017

2018

72.9%

73.6%

75.3%

77.8%

73.0%

75.5%

70.0%

70.1%

KEY SALES ACTIVITIES Through December 2018, we finished 101% of our room night goal and 111% of our lead goal.

Direct Sales Events

PLACE IMAGE HERE

PCMA American Bus RCMA NCAA Final Four Destination Showcase Experient Envision CBI Medical Meetings Forum Travel South Conference Direct Partner Meeting

Pittsburgh Louisville Greensboro Minneapolis Washington, D.C. Las Vegas Philadelphia Myrtle Beach Atlanta

REPLACE WITH IMAGE FROM BARBERSTOCK OR REMOVE THIS NOTE TO KEEP CURRENT IMAGE

PLACE IMAGE HERE

FINANCIAL UPDATE

GREGORY PIERCE EVP/CAO/CFO

ATLANTA CONVENTION & VISITORS BUREAU FINANCIAL STATEMENT SUMMARY WITH FORECAST THROUGH NOVEMBER 31, 2018

CONSOLIDATED

CONSOLIDATED

2018

2018

2017

2018

2018

2018

ACTUAL

BUDGET

ACTUAL

YTD

FULL YR

FULL YR

YTD

YTD

YTD

VARIANCE

BUDGET

FORECAST

SUPPORT & REVENUE Public Sector

23,396,165

22,342,105

21,965,662

1,054,060

23,951,587

24,670,135

Private Sector

3,630,728

2,958,285

7,053,946

672,443

9,067,000

8,852,285

27,026,893

25,300,390

29,019,608

1,726,503

33,018,587

33,522,420

8,324,030

8,435,784

8,252,256

111,754

9,565,102

9,550,000

863,767

877,426

942,088

13,659

837,000

925,000

14,432,861

13,038,268

15,786,995

(1,394,593)

20,330,190

20,601,000

1,648,701

1,578,404

1,730,624

(70,297)

1,899,000

1,925,000

25,269,359

23,929,882

26,711,963

(1,339,477)

32,631,292

33,001,000

1,757,534

1,370,508

2,307,645

387,026

387,295

521,420

TOTAL SUPPORT & REVENUE

EXPENSE Payroll & Related Expense Other Operating Expense Direct Promotional Expense Capital Expense

TOTAL EXPENSE

EXCESS(DEFICIENCY) OF REVENUE OVER EXPENSE

REPLACE WITH IMAGE FROM BARBERSTOCK OR REMOVE THIS NOTE TO KEEP CURRENT IMAGE

PLACE IMAGE HERE

2018 ANNUAL DISCRETIONARY PENSION CONTRIBUTION

STAN WILSON VICE CHAIR FINANCE & HUMAN RESOURCES COMMITTEE

2018 DISCRETIONARY PENSION CONTRIBUTION (prior years contributions)

•2017 contribution = $290,000 •2016 contribution = $330,000 •2015 contribution = $330,000​ •2014 contribution = $250,000​ •2013 contribution = $150,000​ •2012 contribution = $200,000​ •2011 contribution = $200,000​ •2010 contribution = $151,000​ •(zero for 2008-2009)​

• 2018 contribution option A= $290,000 (equal to 2018) • Approximately 5% of eligible total compensation • 2018 contribution option B= $350,000 • Approximately 6% of eligible total compensation

REPLACE WITH IMAGE FROM BARBERSTOCK OR REMOVE THIS NOTE TO KEEP CURRENT IMAGE

PLACE IMAGE HERE

@christopherbw

PRESIDENT’S REPORT

WILLIAM PATE PRESIDENT & CEO

REPLACE WITH IMAGE FROM BARBERSTOCK OR REMOVE THIS NOTE TO KEEP CURRENT IMAGE

PLACE IMAGE HERE

OLD BUSINESS

ADJOURN