Business Tourism Contributes Record-Breaking €190 Million to London’s Economy
Spanning from January to September 2024, this marks the highest record since post-Covid recovery, and a 32 per cent year-on-year increase.
Spanning from January to September 2024, this marks the highest record since post-Covid recovery, and a 32 per cent year-on-year increase.
The theme is “Floating solutions for sustainable urban waterfront development and blue economy,” with 250 international delegates expected.
Expansion highlights the Centre’s commitment to tripling the economic contribution of the MICE sector to €13.3 billion annually by 2033.
This prestigious event will explore the future of research travel, enhance collaboration, and promote sustainable growth in this dynamic sector.
The investment will result in a seating capacity of up to 6,500–7,500, when combining hall 6 and 7 and the Centre’s 2,500 detachable chairs.
The total pipeline ascended to a record-high 15,453 projects with 2,395,726 rooms, up 6% by projects and 4% by rooms year-over-year.
When completed, it will have the capacity to serve 110 million passengers each year (four times the current capacity of Bole International Airport).
The venue continues to be a convener of critical business thinking that creates connections and provokes debate in the heart of London.
Study shows that 86% of UK and European-based event organisers who book venues internationally consider sustainability integral to running events.
The initiative aims to reduce food waste and underscores Ottawa Tourism’s commitment to sustainability and social responsibility.
The report, featuring results from 117 European cities, showcases the remarkable progress made in the post-pandemic recovery.
Boosted by economic stability, pent-up demand and recovery momentum, spending is projected to surpass $2 trillion by 2028.
Cities are increasingly seen as smart ecosystems where technology is used to optimise urban infrastructure and improve citizens’ quality of life.
The survey includes planners from corporations, associations, agencies, and incentives and rewards, across the UK, Europe and North America.
Watch industry legend Patrick Delaney, SoolNua, share his views on Meetings International magazine and Business Intelligence Reports.