News is breaking tonight that Comic-Con International has chosen to stay in San Diego, at least through 2015. The San Diego Union-Tribune says:
Ultimately, Comic-Con International’s decision to stay, which will be announced Friday morning, hinged on detailed contracts negotiated with the 64 convention block hotels committing them to prescribed, discounted rates through 2015. Concerns had arisen in recent years that some local hotels took undue advantage of the enormously popular event by charging excessively high rates, especially in downtown where rooms sell out quickly during the four-day July confab.
Comic-Con’s current contract with San Diego’s convention center expires in 2012, which led organizers to begin looking elsewhere for the years 2013 to 2015.
In the end, San Diego proved to be a sentimental favorite for organizers of the convention, which debuted in 1970 as a relatively small gathering of devoted comic book fans.
“We’ve always had a desire to stay in San Diego, and we had three amazing proposals,” said Comic-Con spokesman David Glanzer. “It was obviously a very difficult decision, one born out by the amount of time it’s taken to make that decision. But in the end San Diego was able to address a lot of our concerns.