Saturday, February 6, 2016

Why is Pa. Convention Center seeking private manager?

Even though its own advisors say that won't solve the real problem?

Why is Pa. Convention Center seeking private manager?

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The main problem keeping more big shows from the Pennsylvania Convention Center is that too many customers don't feel they are getting value for all they pay under its current labor arrangements, consultant Public Financial Management Inc. wrote in a recent report to the center's board, echoing earlier reports.

But if labor is the issue, why is the center's board recruiting private firms to replace its management? Which is beating its revenue targets, and spending below its cost targets? 

Is Gov. Corbett desperate for a "privatization' victory as his liquor and lottery schemes founder? Or is this a result of Comcast's arena-management arm (and its corporate rival, SMG) throwing its political weight around? Or what? Read more in my column in today's Philadelphia Inquirer here.

 

 

 

Read more: http://www.philly.com/philly/business/columnists/20130410_PhillyDeals__Why_is_the_Convention_Center_a_privatization_target_.html#ixzz2Q446skoR

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About this blog

PhillyDeals posts interviews, drafts and updates that Joseph N. DiStefano writes alongside his Sunday and Monday columns and ongoing articles about Philadelphia-area business.

DiStefano studied economics, history and a little engineering at Penn. He taught writing and research at St. Joe’s. He has written for the Inquirer since 1989, except when he left a few times to work at Bloomberg and elsewhere. He wrote the book Comcasted, and raised six kids with his wife, who is a saint.

Reach Joseph N. at JoeD@phillynews.com, 215.854.5194, @PhillyJoeD. Read his blog posts at http://www.philly.com/PhillyDeals and his Inquirer columns at http://www.philly.com/philly/columnists/joseph-distefano/. Bloomberg posts his items at NH BLG_PHILLYDEAL.

Reach Joseph N. at JoeD@phillynews.com or 215 854 5194.

Joseph N. DiStefano
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