Researchers claim ’huge response’ for the UK Economic Impact Study

Researchers behind ‘The UK Economic Impact Study’ led by the Meeting Professionals International (MPI) Foundation have claimed a huge response to the study.

The
first-ever UK research is being led by a consortium of investment
partners, including Reed Travel Exhibitions, International Confex and
Excel London.

MPI has 23,000 members worldwide, who represent buying power of £11.3bn.

Researchers
at Leeds Metropolitan University have revealed that 3,350 responses
have been received for the study. So far, there have been responses from
695 exhibitors, 548 meeting organisers and 457 venues.

“We are
delighted about the level of engagement, which will enable the research
team to capture the profile of the industry and evaluate the economic
contribution from both the supply and demand side to the UK economy,”
said Research Director, Dr Shi Na Li. “We are certain that the results of
the wide range of surveys will reveal the critical role the meetings
industry plays in the UK economy.”

The first findings from the
study will be released at International Confex, on 20 March 2013 at
Excel. The full economic impact results will be released at The Meetings Show UK in July at Olympia.

“The
events industry is one of the most vibrant and successful in the UK,
more importantly it is a vehicle by which so many other sectors promote
themselves and engage with their own communities,” said International
Confex Event Director and MPI UK and Ireland Chapter President Elect
James Samuel (pictured).

“The research, particularly the profile
information to be launched at International Confex this month, will
demonstrate the sheer scale of the industry, firmly establishing our
place as a key sector in the UK’s business community.”

The full list of investment partners involved in the study are:

  • Intercontinental Hotel Group
  • Reed Travel Exhibitions
  • Barbican
  • International Confex
  • Excel London
  • International Congress and Convention Association
  • Meetings tradeshow IMEX
  • Meetings & Incentive Travel
  • Motivational events association SITE
  • The Meetings Show UK
  • Conde Nast
  • London & Partners
  • Q Hotels
  • Scottish Exhibiton and Conference Centre
  • Visit Scotland
  • Visit Wales

Got a story for Conference News? Email us: conferencenews@mashmedia.net

Paul Colston

Author

Paul Colston

Managing Editor, Conference News & Conference & Meetings World.

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