Eventia report finds that…….

…..£800m has been wiped off the value of the UK events industry over the last three years.The value of the UK events market based on direct revenue to venues fell from £8bn over the three year period from 2005 to 2007 to an estimated £7.2bn in the 2006-2008 period, according to the 2009 UK Events Market Trends Survey released today.
Eventia surveyed convention bureaux and venues throughout the UK to produce this year’s report. Among its other findings were that 44% of venues have postponed product investment and refurbishment work originally planned for 2009.

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