ABPCO releases economic survey results

MICE News
Thursday, 29 February 2024

The UK’s Association of British Professional Conference Organisers (ABPCO), has released an impact survey reflecting the performance of members and he economic impact they generate.

The survey shows 57 per cent of  members have a portfolio of events generating turnover in excess of GBP1 million in member activity throughout 2023 and provides insights into trends for 2024.

 Key highlights  include:

 • Economic Contribution: ABPCO members have significantly contributed to the UK's growth agenda, with 85 per cent generating turnover in excess of £500k. Their activities have supported a broad range of skilled employment opportunities, and substantial investments in the supply chain.
• Exhibition and Sponsorship: In 2023, members purchased GBP23.2 million in exhibition space and generated GBP43.2 million of sponsorships.
• Event Engagement: With 3,280 events organised in 2023, attracting 610,000 participants, and  82 per cent of these events being held in-person.
• Industry Sector Impact: The events organised touched upon critical sectors such as health sciences and med tech (34 per cent); science, engineering and manufacturing (20 per cent); professional services, finance and tech (17 per cent); and government (14 per cent). 
• National and International Reach: ABPCO's members hosted 318 national meetings with over 500 delegates, 346 inbound international meetings, and submitted 158 international meeting bids.
• Looking ahead for the rest of 2024: With 2,360 confirmed event bookings and over 6,800 provisional bookings, ABPCO members are poised for continued growth. 

Heather Lishman, ABPCO’s Association director (pictured above) said: “ABPCO remains dedicated to supporting its members through training, development, and community engagement, aiming to meet the evolving needs of event professionals. The survey’s findings not only reflect the exceptional contributions of our members to the UK's economic and professional landscape but also highlight the vibrant future of the events industry.”

ABPCO releases economic survey results

MICE News
Thursday, 29 February 2024

The UK’s Association of British Professional Conference Organisers (ABPCO), has released an impact survey reflecting the performance of members and he economic impact they generate.

The survey shows 57 per cent of  members have a portfolio of events generating turnover in excess of GBP1 million in member activity throughout 2023 and provides insights into trends for 2024.

 Key highlights  include:

 • Economic Contribution: ABPCO members have significantly contributed to the UK's growth agenda, with 85 per cent generating turnover in excess of £500k. Their activities have supported a broad range of skilled employment opportunities, and substantial investments in the supply chain.
• Exhibition and Sponsorship: In 2023, members purchased GBP23.2 million in exhibition space and generated GBP43.2 million of sponsorships.
• Event Engagement: With 3,280 events organised in 2023, attracting 610,000 participants, and  82 per cent of these events being held in-person.
• Industry Sector Impact: The events organised touched upon critical sectors such as health sciences and med tech (34 per cent); science, engineering and manufacturing (20 per cent); professional services, finance and tech (17 per cent); and government (14 per cent). 
• National and International Reach: ABPCO's members hosted 318 national meetings with over 500 delegates, 346 inbound international meetings, and submitted 158 international meeting bids.
• Looking ahead for the rest of 2024: With 2,360 confirmed event bookings and over 6,800 provisional bookings, ABPCO members are poised for continued growth. 

Heather Lishman, ABPCO’s Association director (pictured above) said: “ABPCO remains dedicated to supporting its members through training, development, and community engagement, aiming to meet the evolving needs of event professionals. The survey’s findings not only reflect the exceptional contributions of our members to the UK's economic and professional landscape but also highlight the vibrant future of the events industry.”