The UK events industry is a significant economic contributor, with an estimated annual value of £61.6 billion. It can broadly be divided into two event types – business events and public events.
Business events, such as conferences, trade shows, meetings, and product launches, are essential for growing businesses and nurturing relationships. They support thousands of jobs and drive revenues for hotels, venues, restaurants, and a multitude of SMEs that form the industry’s supply chain.
Public events, such as music festivals, sporting events, and cultural festivals, attract large, paying audiences that positively impact local economies. They are essential to both culture and society, supporting thousands of jobs across the UK and benefiting a variety of suppliers.
On behalf of Cvent, TBOE’s Director of News & Content, Mike Fletcher, takes a detailed look at the impact of each part of the UK events industry and how the UK Government can help to unlock growth. Read his analysis here.