Strong Performance Sees Te Pae Christchurch Exceed Expectations
A packed programme in 2024 has seen the venue deliver a sizeable boost to the local economy, and support for the wider community.
A packed programme in 2024 has seen the venue deliver a sizeable boost to the local economy, and support for the wider community.
Expansion highlights the Centre’s commitment to tripling the economic contribution of the MICE sector to €13.3 billion annually by 2033.
Boosted by economic stability, pent-up demand and recovery momentum, spending is projected to surpass $2 trillion by 2028.
Events generated a total economic output of AED 18.3 Bn in 2023, of which 10.5 Bn was retained as Gross Value Added to Dubai’s GDP.
RAI has also invested in sustainability over recent years, resulting in significant savings in energy consumption and much lower CO₂ emissions.
CWT serves 4,000 customers and is expected to generate €785 million in revenues and €65 to €74 million of Adjusted EBITDA in 2024.