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QATAR NATIONAL CONVENTION CENTRE EXCEEDS FIRST YEAR REVENUE TARGET posted on: 21/5/2012 10:27:19
MIDDLE EAST - Qatar National Convention Centre (QNCC) has recorded robust growth going into Q2 of 2012 and has already exceeded its revenue target well before the end of the first year of operation.
QNCC's Director of Business Development, Trevor McCartney, said the centre had already generated an estimated economic impact of US$20m from overseas visitors, and is poised to attract more international and regional events.
In seven months, QNCC has hosted 128 events, catering for more then 128,000 visitors, he added.
Later this year, QNCC will host the 25th Universal Postal Union Congress, 24 September–15 October, and one of the world's largest conferences, the United Nations Framework Convention on Climate Change, 26 November–7 December.
"QNCC is expected to generate an estimated economic impact of over $55m from these two events alone, with a minimum of 15,000 delegates expected to attend the UN Framework Convention," said McCartney.
Qatar tourism is expected to post a 13 per cent growth rate this year, which is one of the highest growth rates in the world and four times the regional average.
ASIA - The global association of mobile operators' association GSMA has rebranded its Asia event under the new 'Mobile World Congress' banner and announced initial details of its programme when it debuts in Shanghai next July.
AUSTRLASIA - The Australian business events sector, which is said to be worth AUS$13bn a year to the economy, was boosted this week when the Federal Government entered into a partnership to assist the industry during bidding and event delivery.
MIDDLE EAST - One year on from the UAE winning the right to host the World Expo in Dubai in 2020, the expo's higher committee has mapped out key deliverables to the General Assembly of the BIE, the governing body of the Expo.