10th July 2009

Event organisers 'sought better value for money' in 2008

Event organisers sought better value for money last year, shopping around for the best deal and negotiating harder on ra. . .

<p><a href="http://www.tsnn.co.uk/event_management_organisers/suppliers" target="self">Event organisers</a> sought better value for money last year, shopping around for the best deal and negotiating harder on rates, according to the latest industry research.</p><p>Eventia's UK Events Market Trends Survey found that there was a general tightening of budgets among <a href="http://www.tsnn.co.uk/conference_organisers/suppliers" target="self">conference organisers</a> last year, as well as further shortening of lead times for bookings, longer waits for confirmations and increased cancellations.</p><p>The poll of 512 venues across the UK found that direct revenues from conferences and events stood at an estimated £7.2 billion between 2006 and 2008, down from the £8 billion from 2005-07.</p><p>Approximately 67 million people attended an estimated 1.31 million events last year, the research showed.</p><p>City venues led the pack, hosting on average 447 conferences a year compared to the typical 250 events held at rural facilities.</p><p>Meanwhile, Eventia held its annual conference last week, in which delegates discussed strategies for working in these recessionary times.<br/><img alt="ADNFCR-1753-ID-19260331-ADNFCR" src="http://feeds.directnews.co.uk/feedtrack/justcopyright.gif?feedid=1753&it..." /></p>