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UKCAMS report: UK Conference business dropped 86% in 2020

The 28th annual UKCAMS report has revealed a drop of 86% in the volume of conferences and meetings held in 2020 compared with 2019. At the same time, the estimated value of the sector fell from £17.6bn in 2019 to £1.7bn in 2020. The report suggests half of venues indicated that they expect their conference and meetings business to recover to 2019 levels by 2023, with a quarter more optimistic and ...