Sign in or Register | Newsletter
 
 
Register today to receive each issue absolutely FREE!




Technology has changed the future of the events industry, so staying...

Cranmore Park is setting its sights high to become a national brand....

As the event technology industry is rapidly transitioning to mobile,...

Exhibition News March 2015
March 2015

Aberdeen Council plans to pay-off AECC debt
posted on: 1/6/2012 08:15:33
aecc

Aberdeen City Council new political administration is planning to pay off £26.2m in loans owed by the Aberdeen Exhibition and Conference Centre (AECC) to the local authority.
 
Labour leader councillor Barney Crockett said ridding the venue of its historic debt was a display of the council’s commitment to the economic future of the city and its events industry.
 
“This would be a momentous decision which would allow the AECC to plan more clearly for the future and go forward on a firmer financial footing as a major public exhibition space unencumbered by debt,” he said during a press conference on 29 May.
 
However, local media reports said the councillor was unable to specify where the money would come from or the timeline of the payment schedule.
 
AECC chairman Ed Gillespie welcomed the news and said the debt write-off would enable the venue to focus on its core business.
 
“This will allow AECC to continue to concentrate on attracting new conference and exhibition business to the city and maximising the economic impact of the venue to the region, which was over £100m last year,” he said.
 
MD Brian Horsburgh added the AECC continues to see its energy-related events continue to grow, including the recent All-Energy Event this month.
 
The AECC is one of several venues that signed up to the Association of Event Venues’ eGuide standards plan in May alongside Harrogate International Centre and the ACC Liverpool.
 
Got a story for Exhibition News? Email us: exhibitionnews@mashmedia.net


Print:
Email:
Share article:

COMMENTS
Would you like to Leave a Comment?

LATEST NEWS
Tributes are pouring in from the exhibition industry for one of its own, Gavin Brown, managing director of Haymarket Exhibitions, who passed away on 2 March.

UK Construction Week has announced the launch of its Hosted Buyers programme, in association with UK construction project sales leads provider, Glenigan.

The organiser of IntraLogisteX, a new logistics and supply chain solutions event, is preparing for its Ricoh Arena launch, with 85 per cent of space already sold.

Eventsforce opens offices in North America
posted on: 3/3/2015 10:46:25
Event management platform Eventsforce has expanded to North America by opening new offices in Denver, Colorado.

Wearable Tech Show reveals keynote line up
posted on: 3/3/2015 10:08:57
Senior executives from Microsoft, Amazon, Samsung, Martian and Mclaren have been confirmed to present keynote addresses at the Wearable Technology Show.