The president of the Hotel Association of Nova Scotia said yesterday the lack of a modern convention centre in downtown Halifax has reduced the province to a “B-level convention market.”

Jeff Ransome said in a release the World Trade and Convention Centre is outdated, resulting in the province losing convention business.

“Size and other limitations have reduced us to a B-level convention market in the eyes of meeting planners,” he said. “This has resulted in the loss of approximately 70 major conferences in the last three years alone.”

Ransome said the lost conferences hurt the hotel industry. The province and city are also losing out on revenue, he added.

Ransome said the WTCC has generated $975 million in revenues and $40 million in provincial tax revenue since 2000 — but a new facility has the potential to yield more.

Last May, HRM and the province announced plans for a new convention centre to be built on Argyle Street, on the site of the old Halifax Herald building, by 2013.