Business Events NSW’s Post

Tourism Australia’s specialist business events unit released new international research findings that bode well for incentive programs in Australia in the 2024 Business Events Consumer Demand Project (CDP). Wondering what key highlights came from the annual study? Check out our breakdown of CDP takeaways now for the inside scoop: https://lnkd.in/gZQ29W4N #Meetings #Events #MeetingProfs #EventProfs #MeetingPlanner #EventPlanner #Incentives #IncentiveTravel #Trends

💥👥The @West Midlands Growth Company has just published their visitor economy data for 2023, revealing that a record-breaking 145.4 million people visited the region this past year. Visitors flocked to enjoy the rich culture, diverse food scene, vibrant retail, hospitality, sporting events, and dynamic business opportunities. At Conference Aston, we are thrilled to see the #WestMidlands achieving such incredible visitor numbers in 2023. Our venue has welcomed a diverse range of guests and hosted numerous successful events, reflecting the region’s appeal and thriving economy. 🗣Samantha Brown, our Head of Conference Aston, shares her reaction: "Birmingham and the wider region continue to be a top destination for the meetings industry, and that has been reflected in our performance. Despite the challenging economic backdrop, we have had a strong year with overall occupancy growing by 2.7% year on year. Hotel bookings were boosted by major sporting and music events at the city's leading venues, building on our growing reputation following the Commonwealth Games. "Looking ahead, there is a clear need for an array of venues to meet the needs of the changing conferencing market. Residential programmes and UK domestic conferences continue to grow, maintaining a preference for central locations, with some smaller meetings in lesser demand as the needs of business and travellers change. This is an area we at Conference Aston are specialists in, with accommodation, event spaces and excellent restaurant facilities in one city centre, campus location." 🔗Read the full article here: https://bit.ly/4d3ZF8t #WestMidlands #VisitorEconomy #ConferenceAston #Birmingham #Tourism #Hospitality #BusinessEvents 

The West Midlands has broken records again, with more people visiting the region in 2023 than ever before... 📈 145.4 million people spent time here, enjoying our culture, food, retail, hospitality, sporting and business events offering. ✈ Four million more people (3% up) visited compared to data from 2022, when the region hosted the Commonwealth Games. 💰 The visitor economy in the West Midlands is now worth £16.3 billion, up £2.2 billion (15%). WMGC Chief Executive Neil Rami, said: “The new West Midlands visitor pass, currently being developed, will positively change the way that people enjoy our region’s great venues, landmarks and hidden gems. “Building on another record-breaking year for tourism in the West Midlands and responding to a high demand from both visitors and our partners to introduce it, the pass will make it more affordable and convenient for the growing number of people who are choosing to spend their leisure time in this region. “We hope our new pass will encourage visitors to stay longer and explore even more of our award-winning attractions and hospitality settings, which might not have been on their original itineraries.” Read more here: https://lnkd.in/eSpy5uxe

It's all very well the NSW Government targeting business events for it's ambitious growth plans along with a push towards more experience-led tourism - but as it points out - the hotel and venues sector has trouble coping with the current landscape. Given the challenge of people registering later and later for events in general and lead times for catering not reducing - no doubt due to internal logistics and supply pressures and scheduling challenges - there is a real tension in this area. As a small example, I had one of the largest 5 star hotels in Sydney tell me that they could not accommodate a half day very simple workshop event for 15 people - not because there was not a suitable room, but because they cannot accommodate an event with less than a week of lead time. A couple of weeks ago, at a fundraising gala dinner, we had to turn away 3 tables that wanted to book late as the caterer could not budge on increasing catering numbers at short notice, even though we had capacity at the venue. It is a tough challenge on all sides of the equation. #businessevents #events #experience

🍂 Why October is the Ideal Month for MICE Events in Montenegro 🇲🇪 Looking for the perfect time to host your next business event in Montenegro? October offers the ideal blend of favourable conditions for MICE travellers! With mild temperatures of around 22°C and plenty of sunshine, it’s an absolute treat for outdoor activities and meetings. 🌞 Here’s why October stands out for MICE: ▪️ Perfect Weather: Enjoy warm days without the scorching heat, making it comfortable for both indoor and outdoor gatherings. ▫️ Better Prices: As the summer rush subsides, you can take advantage of more affordable rates for accommodations and venues, all while still experiencing top-notch service. ▪️ Fewer Crowds: October means less congestion, allowing your event to feel more exclusive and giving guests a chance to explore Montenegro’s beauty with ease. ▫️ Everything Open: Even though it’s the shoulder season, all hotels, restaurants, and attractions are fully operational, ensuring a seamless experience for attendees. If you’re considering Montenegro for your next MICE event, October should be at the top of your list! 🌿✨ #Montenegro #MICE #Events #Incentives #EventPlanning #Customice #Balkan

Business tourism contributes record breaking $207 million (£158m) to London economy. The London Convention Bureau has reported a 32% increase from the same period, spanning from January to September 2024, marking the highest record since post-Covid recovery. London remains a top choice for international event organisers. Notable events include the Salesforce World Tour at Excel London, which welcomed 13,000 delegates and the European Society of Cardiology with more than 25,000 guests alongside 2BUK. Joshua Novick, Vice President of Business Development North America at the London Convention Bureau called London an outstanding hub for business events, he added: ""London’s exceptional event infrastructure, its talent and connectivity, makes it no surprise that we remain a top destination."" At #MIPIM2024, using The London 2012 Summer Olympics as a case study, Joanna Rowelle, Director, Integrated City Planning, Arup talked about building infrastructure that will last. She said: “[Its] legacy was planned for the use after. We worked hard on understanding what the cultural and amenity offering would be.The strongest outcomes are longstanding community engagement and a plan of economic outcome and governance."" #Events #BusinessTourism #InternationalHub Read more: https://lnkd.in/esvSWz89 Do you have a favourite event space? Share in the comment below👇

Live event travel demand is booming! 🎟 🏨 A new study released last month has found a surge in live event travel. Approximately three in five Gen Z (65%) and Millennial (58%) respondents confirmed they travel more than 50 miles to attend live events 🚆 🛩 🚗 This presents a huge opportunity for event organisers and hotels! ⚙️ Event Organisers ✅ Sell ticket + hotel Bundls ✅ Complete your event experience ✅ And open up a zero risk revenue stream 🏨 Hotels ✅ Be part of the event marketing mix ✅ And fill rooms ahead of your competition If you’d like to hear how you can take advantage of this by partnering with Bundl, let’s talk 🤝 #BundlTravel #TheEventEffect #ExperienceMore #travel #events

Did you know that business events were a major force in driving economic growth in 2023, contributing an impressive $20.9 billion? From food, accommodation, airfares to entertainment, attendee spend at events made a huge impact across Australia. Thanks to Tourism Research Australia we now have access to a business events dashboard! This tool offers important insights into business events and attendee expenditure across the country. The public data highlights the industry’s value and role in driving growth and job opportunities whilst encouraging collaboration, innovation, trade and investment. For us, this is an incredible tool to help promote northern Australia as a destination to host events for national and international audiences. It will also give us the ability to showcase the legacy and impact events can have on local businesses, our suppliers and the wider community. We look forward to using this tool to help strengthen and empower the business events industry even more ✨ https://www.tra.gov.au

MEDIA RELEASE – 14th May 2024 Representatives of Islands Unlimited will be in Jersey next week to meet with stakeholders across as many sectors as possible. The purpose of their 2-day visit on 20th and 21st May is to gain a better understanding of how their service should be shaped for 2025. Director and Co-Founder, Kai Junghanns explains, “This year, we have teamed up with Manche Iles for sailings between the Islands, however, we will be operating our own vessel from 2025 onwards. In order to get the best possible arrangements established for next year, we are keen to involve as many stakeholders as possible, across all sectors”. During 2024, Islands Unlimited is offering daytrip packages and ferry only excursions between the Channel Islands in order to improve connectivity for foot passengers and enhance the offering and experiences for visitors. During their visit, meetings will take place with a broad range of organisations and businesses, including Visit Jersey, sport clubs, event organisers, Ports of Jersey, local government and other relevant parties who have shown an interest in improved inter-island travel. Fellow Director and Co-Founder, Chad Murray went on to say, “Our focus is to provide a consistent, reliable and appropriate service for foot passengers, in order to link-up all of the Channel Islands. This is something that has been missing for years now and has a negative impact on visitor experiences and, of course, the opportunities for locals to travel between the Islands at convenient times and affordable rates.” He went on to say “We have received a significant representation from many different organisations, not just tourism, asking for services to assist with their particular event or activity. This is something we are extremely keen to be able to say “yes” to in 2025”. Islands Unlimited will be hosting a series of meetings at the Grand Jersey Hotel and Spa over the 2 days and have already contacted a number of stakeholders. If you represent an organization or club and would like to meet with them to discuss your potential thoughts and needs for 2025, please email contact@islands-unlimited.com to arrange a meeting slot.

Events are good for the economy. Let's explore the local economic impact of hosting Global Events. In my experience, hosting a global event brings substantial benefits to the local economy; here is how and why I think it is advantageous: Economic Boost Global events drive significant economic activity. Attendees spend on accommodation, dining, transportation, and local attractions, boosting revenue for local businesses. Job Creation Global events create jobs in various sectors, including hospitality, tourism, and event management. The influx of visitors often requires additional staffing, providing temporary and sometimes permanent employment opportunities. Infrastructure Development Hosting a global event often leads to infrastructure improvements. Investments in transportation, venues, and public services not only support the event but also leave lasting benefits for the community, creating legacy benefits. Global Exposure A well-organised event puts the host locality on the global map. This exposure can attract future tourists, investors, and even new businesses, driving long-term economic growth. Knowledge Transfer International events bring diverse expertise and innovative ideas to the local community. This exchange of knowledge can spur local innovation and professional development. For pro tips on maximising the economic impact of hosting global events visit https://lnkd.in/eSiQ-GJz Blé Global - Facilitating Global Connections. #EventDesign #localeconomy #LocalTourism #GlobalEvents #Travel #eventprofs #EventPlanning #communitygrowth