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The Importance of International Conferences and Business Events to...

A new research report published by Cities Restart called The Importance of International Conferences and Business Events to Restarting City Economies has revealed that spending on international conferences and business events for the UK is estimated to have been worth £19.4 billion in 2019, but following the interruption caused by the COVID-19 pandemic, by 2026 is forecast…

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Italy Launches €520m Sector Compensation

Business events companies in Italy could have some of their COVID-19 losses returned under a €520 million compensation scheme to which EU competition watchdogs have given the nod. The European Commission has approved the funding package, intended to compensate companies in the trade fair and congress sector. From Association Meetings International…

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UK Launches £750m Event Insurance

The UK has announced an insurance scheme for events, the government joining with Lloyd’s as a “reinsurer”, to make sure commercial insurers can offer products event planners require. The scheme will support gatherings like music festivals and business events, covering risks of cancellation under any pandemic restrictions. From Meetings & Incentive Travel…

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