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On Air Now
Oracle's Trade Show Appears Headed To Vegas
Vegas Offering Much Lower Cost To Host Than San Francisco
Justin Sullivan/Getty Images
LAS VEGAS, NV (KXNT) - It appears that the Oracle OpenWorld trade show is moving to Las Vegas.
A spokesperson from Oracle confirmed the news on Tuesday as the company will move its business and tech conference from San Francisco to Vegas in 2020.
San Francisco’s exorbitant prices and awful street conditions have driven out Oracle’s OpenWorld, which will cost the city $64 million a year. @rolandlisf has the story. https://t.co/tzIkQgLeCP
— Heather Knight (@hknightsf) December 10, 2019
The trade show draws in nearly sixty-thousand people from over one-hundred-and-forty companies according to the Oracle website.
Officials cited San Francisco's cost and Vegas' more affordable hotel rooms, airport and street conditions as factors in the decision.
This is YUGE!! --> San Francisco’s ‘poor street conditions’ a factor in city’s loss of $64M Oracle tech conference: reports https://t.co/Tg9UIpqMP6 #FoxNews
— Texacalirose™ (@texacalirose) December 11, 2019
San Francisco’s ‘poor street conditions’ a factor in city’s loss of $64M Oracle tech conference: reportshttps://t.co/lmSWFw7uK5
— Sylvia Garcia ---- ---- (@Cabrini24) December 11, 2019
Which convention facility would be utilized hasn't officially been said, but CNBC says the show will move to Caesars Forum, with that new facility set to open next March.