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Business Tourism Partnership Mission

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4. BUSINESS EVENTS<br />

This section examines the individual discretionary business tourism<br />

segments in detail, looking at their key characteristics and trends,<br />

volume and value data, issues affecting future growth, etc.<br />

The business to business (b2b) sector can be characterised as<br />

extremely dynamic and an arena that embraces a wide spectrum of<br />

live events providing creative and valuable solutions for corporate<br />

customers. Solutions that show events are now used very much as<br />

experiential brand experiences delivering powerful and effective<br />

marketing and communication messages right across the board.<br />

The business in the UK today is diverse and it is estimated that<br />

there are in excess of 3000 agencies of differing genres organising<br />

live events of some kind. In addition to traditional event organisers,<br />

these agencies range from small PR companies to event marketing<br />

organisations through to large multinational production houses.<br />

The events they organise range from off-site board meetings and<br />

company AGMs to association meetings, large scale medical<br />

symposia, major product launches through to opening and closing<br />

ceremonies for worldwide events, such as the Olympic Games.<br />

a) UK CORPORATE CONFERENCES AND MEETINGS<br />

Definition and Background<br />

The corporate or for-profit segment encompasses all the varied<br />

purposes for which meetings, conferences and events are held by<br />

companies or corporate organisations, including the following:<br />

• sales conferences<br />

• product launches<br />

• management meetings<br />

• training courses<br />

• business presentations<br />

• Annual General meetings<br />

(This segment can also include incentive travel – however, this is<br />

discussed as a separate segment in this booklet).<br />

In volume terms the British Conference Venues Survey 2006<br />

indicates that 62% of the estimated 1.58 million conferences and<br />

meetings held at UK venues in 2005 was generated by the<br />

corporate sector.<br />

16

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