Economic impact of LAGCOE’s relocation from the Hub City to New Orleans

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The LACGOE trade show has been an institution for 65 years in Lafayette. In October of 2019, it will be held in New Orleans for the first time in the expo’s history. 

LAGCOE started in the Oil Center in the 1950s. In August, the oil and gas trade show, which is held every two years, announced that it was moving to the Big Easy. 

“The are not many buyers left here,” said LAGCOE’s executive director Angela Cring. The event needed more interior space, which became an issue at the Cajundome, she said. 

Ben Berthelot, CEO of the Lafayette Convention and Visitors Bureau, said there is no doubt that losing LAGCOE is a significant economic blow to Lafayette, but he said the search is on for other ways to bring back some of that revenue.  

“What we are trying to do is look for other opportunities,” said Berthelot. 
 
From a local point of view, Cring says there has been differing reactions.
 
“People in the industry are very pleased with the decision,” she said. From the city’s standpoint, the loss of LAGCOE has brought up new questions about the expansion to attract major events and promote business travel. 
 
“We need a full occupancy hotel and added space to the convention center,” Berthelot said. 
 
 
 

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