Eventia income up 46% in 2009

Increased membership levels and expanded partnership packages helped Eventia drive its income up 46% last year.

Eventia income up 46%
Eventia income up 46%

Eventia's income for 2009 was £457,559, up from £341,855 on the previous year. However, the body's surplus was £2,141, leaving it with £29,123 in reserve.

The figures are part of a continuing improvement in Eventia's financial fortunes, since it recorded losses of £36,000 in 2005.

Outgoing chairman Mark Taylor said: "Our objectives for Eventia for 2009 were to increase membership and to increase income. It was a very challenging year and to combat that we pro-actively revised our structure and have been extremely prudent in housekeeping."

Eventia chief executive Izania Downie told C&IT there had been increased membership of around 10 per cent.

"A lot of the extra income was through membership and also through marketing partnerships and events," she explained.

Expanding packages with partners Air Partner, Confex Group and the Barbican had helped, while new partners Active Events and the Canadian Tourism Commission will bring benefits in 2010, added Downie.

Although there was increased income in 2009, the costs of merging the British Association of Conference Destinations (BACD) into Eventia as well as higher event costs meant the end of year surplus did not rise.

 

 

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