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AMI’s James Lancaster examines a peculiar contradiction that sits at the heart of Europe’s convention bureaux: while they spend much of their time handing out money to compete for lucrative association conferences, they often struggle to secure their own funding. Could tourism tax up-end the rules of the game?
Dr Emma Delaney analyses some key issues regarding subventions and other financial incentives, drawing from the perspective of PCOs. Amongst her conclusions: flexible, co-created incentive packages are more effective than rigid, conditional offers, and when aligned with a destination’s goals, incentives can facilitate sustainable, inclusive and high-quality conferences and stronger societal impact. From CEF…
The Scottish government is to provide further funding for its events industry as part of a new £104.3 million package split into nine separate funds. These include a Pivotal Event Businesses Fund and wider Event Industry Support Fund. Businesses can apply even if they have drawn on previous funding. From Conference & Meetings World…
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…
Association-Destination-Matching platfom Conferli has conducted in-depth research that obtained data on subvention policies and practices at 115 destinations worldwide, revealing wide variations in decision-making, scale of financial support, and regional utilisation. Over 90% of respondents agreed with the prompt that subventions could be used to drive forward sustainability and destination legacy objectives, yet only 6%…
Abu Dhabi has launched a fund to incentivise international, regional and local companies to enhance its events programme. Attracting more meetings is a key goal of the emirate’s Department of Culture and Tourism. The initial funding is AED10 million, with further tranches being made available as the scheme evolves. From CIM News Magazine…
The German capital has launched initiatives to help the recovery of business events, conferences and trade shows. The city’s Relaunch Programme will include marketing campaigns, a MICE Acquisition Task Force, international customer event BESTIVAL 2022 and the extension of the Berlin Congress Fund, as well as other plans over two years. From Association Meetings International…
In mid-June the Netherlands started to welcome international travellers back to its borders. There is no limit for maximum attendees at meetings and events, but associations even so are wary, and with countries like the US, India and Australia still unable to travel, planners are considering best strategy for the coming autumn. From Boardroom…
The Dutch government is to expand its support package for jobs and the economy with a raft of measures including plans for a €300 million guarantee fund for events. While vaccinations are underway in the Netherlands, businesses continue to suffer during the economic crisis with the country in lockdown. From Conference & Meetings World…
Australia’s economy is on course to lose AU$35.7 billion in direct spend over the next twelve months, while nearly all business events scheduled for 2020 are cancelled or postponed due to COVID-19. That’s according to latest figures from the Business Events Council of Australia. 92,000 industry job losses are expected. From CIM Business Events…
From AMI: As associations become more focused on people and planet, Holly Patrick looks at how sustainable subvention initiatives are paving the way for greener gatherings… In the hyper-competitive international meetings market, “subventions and financial grants are super important,” says Elena Fis, sustainability officer at congress organiser Kenes group. “A lot of destinations have significant…
Europe’s largest exhibition centres have mobilised and demanded a restart on September 1st. EMECA, which represents major venues, issued a statement on the urgency of reopening centres and called for financial support from European and national authorities to guarantee the survival and recovery of the entire industry. From Exhibition World…
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