Sign in or Register
 
 
Exhibition News Race Day
Register today to receive each issue absolutely FREE!


Exhibition and Events Project Manager
Hemel Hempstead

Digital Marketing Assistant
Wimbledon

Area Sales Manager
East Midlands/North East

Event Sales Executive
North London



Should you open your doors to all and sundry or handpick the brands...

When it comes to insurance, it’s easy to be wise after the event....

With further investment in Asia and a thriving business in emerging...

Exhibition News July 2014
July 2014

UK events industry increases value to £24.6bn
posted on: 18/3/2010 14:57:22
Michael Hirst EN

New figures revealed to EN by the Business Visits and Events Partnership (BVEP) show an increased value of £24.6bn for the wider UK tourism (business and leisure) and events industry.

BVEP chairman Michael Hirst says the new figure, more than £2bn up on previous estimates, was collated from the various industry sub-sectors, and is possibly “an estimate on the low side”.

Trade fairs and exhibitions contribute £9.3bn of the total new value. The new data estimates UK conferences and meetings to be worth £7.2bn, the incentives market £1.2bn and corporate hospitality £1.1bn. Figures given for outdoor events and festivals, respectively, are £1bn and £1.1bn.

Hirst describes the £2.3bn value put on sports events as “massive” and says 25,000 businesses are now active in the UK events industry, with 513,000 employed in it on a full-time basis.

The BVEP is to publish a major briefing document in time for a parliamentary reception for MPs it is organising at the House of Commons on 20 October.

“The event will be part of the continuing elevated campaign by the events sector to raise profile,” says Hirst, who expects up to 150 MPs to attend. “They will all receive a prospectus post-general election outlining the strength of the sector and value to the economy.”

The BVEP chairman says there is support for the initiative from shadow tourism minister Tobias Elwood and Labour’s Margaret Hodge.


Print:
Email:
Share article:

COMMENTS
Would you like to Leave a Comment?

LATEST NEWS
Britain for Events launches new initiative
posted on: 25/7/2014 17:00:26
Britain for Events, launched its National Events Month initiative last week at the Meetings Show UK.

Fresh Montgomery appoints new digital supplier
posted on: 25/7/2014 13:00:10
Following evaluation of the digital solutions available to exhibition organisers, Fresh Montgomery has made the move to run their portfolio of events through the expocms website.

In the Rough raises £7,000 for charities
posted on: 25/7/2014 10:21:14
In the Rough, the annual charity golf day, sponsored this year by The NEC and held at the Forest of Arden Championship course near Birmingham on 17 July 2014 has raised £7,000 for good causes.

Emma Chilton, event manager at ACC Liverpool, has been elected as the inaugural chair for the Event Manager Working Group.

Olympia London is to be the venue for Blaze Publishing’s new electric guitar show, Electric Live.