Live Music Exchange Resources

A report on the size and value of Britain’s events industry, its characteristics, trends, opportunities and key issues – Business Visits & Events Partnership (2010)

Share

Author: Tony Rogers Conference & Event Services
Organisation/Affiliation/Publisher: Business Visits & Events Partnership
Date: 2010

The events sector is worth over £36 billion per annum to the national economy.

Business visitors spend on average £131 per day – 72% more than the amount spent by leisure visitors on a daily basis, while visitors to UK exhibitions from overseas spend 193% more per day than leisure visitors to Britain.

  • Outdoor events – £1 billion
  • Festivals and cultural events – £1.1 billion
  • Music events – £1.4 billion
  • Incentive travel- £1.2 billion
  • Corporate hospitality – £1 billion
  • Sports events – £2.3 billion
  • Conferences and meetings – £18.8 billion*
  • Exhibitions and trade shows – £9.3 billion*
  • (*In terms of net revenue to venues and the wider economic benefits to destinations through expenditure by delegates on travel, entertainment, eating out, shopping, etc.)

Click here to read the full report on the Business Tourism Partnership website.

Comments are closed.