Oracle OpenWorld trade to be moved to Las Vegas

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Unbeknown to many, the Oracle OpenWorld trade show is relocating to Las Vegas. According to an unidentified Oracle spokesperson, the company will be relocating and moving all its operations which include its technology and business conference to Las Vegas from its current base in San Francisco.

“Las Vegas and its vast amenities are tailor-made for hosting large-scale events, and we look forward to bringing the industry’s most comprehensive technology and developer conference to America’s premier hospitality destination,” said an Oracle spokesperson via email. In fact, that’s not all as the company also has plans in place to relocate its development event known as Code 2020 to Las Vegas.

Oracle’s website claims that the trade show attracts in more than 60,000 individuals across 145 countries that bring about an estimated $120 million to the Bay Area. This year’s trade show was held in mid September.

The spokesperson did not divulge any information on the convention facility that it will use, or whether it had entered into a long-term agreement. According to RCG Economist, John Restrepo, the costs in San Francisco could be the reason behind Oracle’s relocation, with the average standard double room in Las Vegas costing $127 compared to $196 in San Francisco.

Besides relocation keeping the trade show closer to its Redwood shores based in California, additionally, Las Vegas convention industry is engaged in stiff competition with other cities in the recent years, by continually expanding and renovating its convention spaces.

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