Sector Differences in Conference Facility Refurbishment

What influences the probability that a conference facility will refurbish? This is an important question as such information can inform conference organisers when selecting a venue. This paper presents an econometric analysis of the probability of conference venue refurbishment with a particular focus on the sector differences (purpose-built, educational establishments, visitor attractions and hotels) and time since previous refurbishment. We test the hypotheses that there are scale and growth effects and whether the presence of disabled facilities influences the probability that a conference venue will refurbish.