Sign in or Register | Newsletter
 
 
Register today to receive each issue absolutely FREE!
Known for its textiles and fashion, Daegu is now looking to boost the...
More
CMW hears from global associations about how best to handle the impact the...
More
The director of Reed's giant EIBTM MICE event in Barcelona, Graeme...
More


Exhibition World Issue 77
Issue 77
Supplement: Basque Country
Supplement: Turkey
EVENTIA SURVEY REVEALS 13% DROP IN VALUE OF UK BUSINESS EVENTS
posted on: 20/7/2011 09:52:44
5240stats_magnifying_glass_graphs_

 

UK - Eventia’s new research UK Events Market Trends Survey 2011’ (UKEMTS11) reveals that the overall value of the UK business events market fell by 13 per cent in 2010 compared with 2009.

While the number of events staged, approximately 1.3m, was similar, the level of expenditure they generated reduced from £18.8bn to £16.3bn. This expenditure includes spend at venues (on delegate rates and accommodation) and spend in the wider destination by organisers and delegates.

Residential events are a vital component of the business mix for many venues, as well as being key drivers of economic benefit for the destinations in which these events are held. In 2010 only 21 per cent of events were residential, compared with 26 per cent in 2009. And, although average event duration stayed the same at 1.5 days, most events (68 per cent) lasted one day or less (64 per cent in 2009).

However, venue managers do reveal greater optimism about prospects for 2011, with 42 per cent expecting that business will increase and 36 per cent anticipating that it will remain the same.

UKEMTS is an annual survey commissioned by event association Eventia, providing a vital insight into the current state of the business events industry from a supply-side perspective. The 2011 report is compiled from data supplied by a representative sample of 360 venues from across the UK, 10.3 per cent of the universe of 3,500 venues used as the basis for research analysis. It is supported by major event industry organisations, including VisitEngland, drpgroup, Conference News, Accor Hotels, Conference Centres of Excellence and Event Assured.

The 2011 survey was carried out on behalf of Eventia by Tony Rogers (of Tony Rogers Conference & Event Services) and Richard Smith (of TEAM Tourism Consulting).

Do you have a news story for CMW? Email: vcarley@mashmedia.net

 

Print:
Email:
Share article:
COMMENTS
Would you like to Leave a Comment?
LATEST NEWS
WORLD - On average, 10-20 per cent of delegates at a conference or tradeshow are active on Twitter, according to the International Congress and Convention Association's Communication Strategist, Mathijs Vleeming.

COUNTER TERROR WARNING FOR EVENT ORGANISERS
posted on: 18/12/2014 10:14:52
WORLD - Leading security expert Chris Phillips has warned that every location where people gather needs to plan for possible terrorist attack.

AMERICAS - The meetings and events industry across the US, Canada and Mexico are set to join together for the first time to host the North American Meetings Industry Day (NAMID).

DENMARK TOPS CLIMATE CHANGE PERFORMANCE INDEX
posted on: 18/12/2014 09:51:42
EUROPE - Denmark has topped the Climate Change Performance Index table with positive trends in all index categories and with the leading position in the policy sector for the third consecutive year.

IACC-EUROPE ELECTS RACHAEL BARTLETT AS PRESIDENT
posted on: 17/12/2014 15:52:42
EUROPE - Rachael Bartlett has been elected President of IACC-Europe by the International Association of Conference Centres (IACC).