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Exhibitions & Conferences 2013 - Market Reportt
Executive Summary
In spite of the ongoing economic crisis within the UK and across Europe, Key Note estimates the exhibitions and conferences market to have grown by 2.1% in 2012, helped in part by a number of high-profile events held in the country during the year, including the Queen’s Jubilee celebrations and the 2012 Olympic and Paralympic Games. These events, along with improvements within rail infrastructure and the development of new transport links, such as the Emirates Air Line cable car over the River Thames, which provides a direct connection between The O2 arena and the ExCeL London exhibition centre, have served to boost international and domestic trade within the UK’s exhibition and conferences market. Nevertheless, the unstable economic conditions experienced within the UK have had an impact, with recent figures from Eventia showing that conference delegate fees fell in 2011, while the number of conferences held in the country has reduced year-on-year between 2009 and 2011.
The poorer-than-average weather during the summer of 2012 has also had a dramatic affect on the market over the past year, ...
... with a number of regional shows being cancelled, while other popular events, such as BBC Gardeners’ World Live and the BBC Good Food Show Summer, saw attendance fall, after registering a 13% drop in visitor numbers in 2012. However, this is likely to have been offset somewhat by attendance figures at other event venues with links to the Olympic Games, with the ExCeL London centre registering visitor numbers of more than 1 million during the 16-day Olympics programme, while Earls Court reported attendance of more than 500,000 during the Games. The sporting event also served to boost revenues across London hotels and venues used for conferencing, while meeting space occupancy was also found to have risen in the capital significantly. http://www.bharatbook.com/business-services-market-research-reports/exhibitions-conferences-2013-market-report.html
While the 2012 Olympic and Paralympic Games are likely to have boosted business opportunities across the UK during the past year, the majority of organisations are still thought to be constrained by tight marketing budgets following the double-dip recession, which has affected business travel and event attendance figures, as well as participation and expenditure. Upcoming changes to Air Passenger Duty (APD) scheduled for April 2013, which will see increases across airplane fees, may also have a negative effect on international business travel to the UK, with some industry insiders raising concerns that these increases may dampen the positive influence of the Olympics legacy. However, continued Government investment into the UK’s rail infrastructure, along with the expansion of the Eurostar to new destinations in Europe, could offset this somewhat. With this in mind, Key Note predicts year-on-year steady growth for the UK exhibitions and conferences market between 2013 and 2017, with growth strengthening as the economy begins to recover from 2014 onwards.
Table of Contents
Foreword
Executive Summary
Market Definition
REPORT COVERAGE
DEFINITIONS
Exhibitions
Conferences
MARKET SECTORS
Exhibitions
Conferences
MARKET TRENDS
The Double-Dip Recession
Virtual Exhibitions and Conferences Sector Continues to Grow
2012 Olympics Boosts Exhibition and Conferences Market
ECONOMIC TRENDS
MARKET POSITION
The UK
Overseas
Market Size
THE TOTAL MARKET
BY MARKET SECTOR
Exhibitions
Conferences
Strengths, Weaknesses, Opportunities and Threats
STRENGTHS
WEAKNESSES
OPPORTUNITIES
THREATS
Current Issues
EARLS COURT EXHIBITION CENTRE TO FACE DEMOLITION
2012 LONDON OLYMPICS BOOSTS EXHIBITION ATTENDANCE
POOR WEATHER CONDITIONS AFFECT REGIONAL EVENTS
Forecasts
INTRODUCTION
General Economic Forecasts
FORECASTS TO
MARKET GROWTH
FUTURE TRENDS
Conferences Market to Remain Challenging
Rise in Air Passenger Duty to Affect Business Travel
Transport Infrastructure Improvements to Boost Business Travel
Company Profiles
INTRODUCTION
DEFINITIONS
Turnover (Sales)
Pre-Tax Profit
Profit Margin
Average Remuneration
Sales per Employee
FURTHER INFORMATION
CENTAUR MEDIA PLC
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
LONDON INTERNATIONAL EXHIBITION CENTRE PLC
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Code
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
MANCHESTER CENTRAL CONVENTION COMPLEX LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Code
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
MEDIA HOLDINGS LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Code
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
MELVILLE EXHIBITION AND EVENT SERVICES LTD
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Code
FINANCIAL PROFILE
Sales
Profits
Employees
Balance Sheet/Ratios
NATIONAL EXHIBITION CENTRE LTD (THE)
Previous Name(s) and Date(s) of Change
Principal Activities
SIC Codes
FINANCIAL PROFILE
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Exhibitions & Conferences 2013 - Market Report
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