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Meeting Space Supply And Demand

Yesterday I made my first visit to the Chattanooga Convention Center. It’s a large, vacuous facility, not unlike the Knoxville Convention Center.
My question: is there enough convention space demand to support two such facilities 100 miles apart in the Tennessee Valley?
If this is any indication, the answer is no. Surely, the Knoxville Convention Center has more going on than that, doesn’t it?