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Business Tourism Partnership Mission

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6. BUSINESS EVENTS AND CREATIVE ENTERPRISE<br />

The events sector represents a creative, dynamic and significant<br />

industry, estimated to be worth in excess of £22 billion to the UK<br />

economy. The <strong>Business</strong> <strong>Tourism</strong> <strong>Partnership</strong> believes that the sector<br />

deserves recognition under the Government’s Creative Enterprise<br />

Programme, the effect of which would be to have both the supply<br />

dynamic (the event itself) and the demand dynamic (the visitor)<br />

within the same Government department under the sponsorship of<br />

the same Minister for Creative Industries and <strong>Tourism</strong>. Such a<br />

development would better facilitate parallel policies designed to<br />

realise the ‘great potential for further expansion in the visitor and<br />

event economy’ – a key component of Tomorrow’s <strong>Tourism</strong> Today,<br />

the Government’s Prospectus for <strong>Tourism</strong> Development.<br />

The case for such recognition is based upon a number of factors,<br />

including:<br />

• Conferences and business events are the fifth largest<br />

marketing medium on which UK companies spend around<br />

11% of their marketing budget.<br />

• <strong>Business</strong> events are the single most effective, productive<br />

and competitive way of providing information,<br />

communicating with stakeholders, evaluating and sharing<br />

good practice, facilitating commercial and social strategies<br />

and showcasing products and services. <strong>Business</strong> events<br />

create social and commercial interaction.<br />

• Britain has the largest number of world-class professional<br />

event organisers, whose considerable skills are exported to<br />

operate events internationally.<br />

• Conferences, exhibitions and business events in Britain are<br />

successful because of their high levels of creativity,<br />

innovation and presentation skills.<br />

• Trade and consumer events utilise cutting edge<br />

technologies to enhance their presentation and staging<br />

capabilities to give events greater originality and attendees<br />

superior value-added experiences.<br />

• Investment, estimated to be in the region of £10 billion, in<br />

new and improved infrastructure, facilities and services is<br />

at an all-time high throughout Britain, across all types of<br />

venues used for business events.<br />

52

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