MILWAUKEE — While it's unlikely Milwaukee will end up hosting both the Democratic National Convention and the Republican National Convention in 2024, the city's odds of hosting at least one of them grew on Tuesday as Milwaukee submitted its bid to host the RNC.

"Obviously going through the bid process and being awarded the 2020 [Democratic National Convention] will go a long way in what we put forth for the bid this time," Peggy Williams-Smith, the president and CEO of Visit Milwaukee, said.

Milwaukee is also pursuing the 2024 DNC after the city likely lost out on at least $100 million in forecast economic impact when the 2020 DNC switched to a primarily virtual event because of the COVID-19 pandemic. While current DNC chairman Jaime Harrison recently told Spectrum News 1 that the party will "highly consider" a return to Milwaukee in-person in 2024, Williams-Smith doesn't anticipate hosting both several summers from now.

"Wouldn't that be amazing," Williams-Smith said. "I doubt they would allow us to host both conventions but we're still going to put our best foot forward for both conventions."

You can see the entire interview above.