Sign in or Register
 
 
ESP Recruitment
Register today to receive each issue absolutely FREE!
Exhibition News Awards




EN looks back over 150 years of Perton Signs and the company’s...

UK organisers are renowned for launching successful exhibitions and...

The Commonwealth Games and Ryder Cup will be heading to Scotland’s...

Exhibition News April 2014
April 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
CPhI Worldwide, part of UBM Live has appointed Rutger Oudejans to the role of brand director of the UBM Pharma Portfolio.

Prime Minister backs APPG Events inquiry
posted on: 16/4/2014 11:22:59
Prime Minister David Cameron has endorsed the All Party Parliamentary Group (APPG) Inquiry for Events.

The organisers of the International Festival for Business (IFB) have extended their promise to showcase the strengths of the UK’s economic recovery with a series of new events.

The Vintage Sports-Car Club has chosen Peterborough Arena to stage a week of celebrations to mark its 80th milestone.

Global Experience Specialists (GES) has appointed Rob Collins to the position of director of new congress business.