London daily delegate rates up 9%, says Conference Care

Daily delegate rates at London venues this month are up 9% on last year, according to agency Conference Care.

Daily delegate rates in London up 9%, according to Conference Care
Daily delegate rates in London up 9%, according to Conference Care
Conference Care director Andrew Deakin said daily delegate rates for July in London had grown from £51 in 2009 to £56 this year. Based on data gathered from the 8,000 events the agency books each year, the July 2008 figure was £61.

Companies are spending more on events, with the average event booked through Conference Care up from £2,300 in 2009 to £2,800 in 2010.

The average daily delegate rate for the UK lags behind London on £43 for the year to 31 March. Deakin said the current UK daily delegate rate is £40, according to statistics based on the agency’s bookings.

"This is despite the increase in London, which indicates that the provinces are still finding it tough," he said. "The provinces were hit a lot harder than London so have to go further before they can show any kind of recovery. Rates have been slashed due to the lack of business and as venues compete hard to gain new business and retain existing business."

London’s 9% growth was significant, considering the tough economic climate but Deakin warned that it would stagnate because of cuts in government spending. "Cuts in public spending and the inevitability that there will be fewer events from this sector in future will slow the growth," he said.

 

 

 

 

 


Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
Helicopters over Hawai'i - the best venues, hotels and activities

Helicopters over Hawai'i - the best venues, hotels and activities

A six-day account of aerial adventures across Kaua'i, O'ahu and Hawai'i in A Diary of a Delegate.

TRO appoints two experiential specialists

TRO appoints two experiential specialists

Agency welcomes Sulmaan Ahmad as head of strategy and Simon Patel as creative director.

'Push the boundaries - if someone says something can't be done, I'll find a solution'

'Push the boundaries - if someone says something can't be done, I'll find a solution'

A-List 2019: Matt Culverhouse, chief executive of TEN6 Creative.

In pictures: IMEX 2019

In pictures: IMEX 2019

The annual industry gathering took place from 21-23 May at Messe Frankfurt in Germany.

TEN6 Creative brings in new client services director

TEN6 Creative brings in new client services director

Oliver Morgan joins agency after 10 years with Gold Key Media and will be 'instrumental' to continued growth.

'To hear Michelle Obama say we'd done a great job and get a hug was incredible'

'To hear Michelle Obama say we'd done a great job and get a hug was incredible'

A-List 2019: Kylie Davies, account director & general manager, emc3.

Behind the glitz at award ceremonies

Behind the glitz at award ceremonies

UKSV's Neil Coombes takes us through the planning and setup process for the AA Hospitality Awards

First New York location for etc.venues

First New York location for etc.venues

Venue specialist also adds Chancery Lane location to its London portfolio, with both to open later this year.

Case study: Lenovo Connect

Case study: Lenovo Connect

The technology giant's two-day event for 450 guests took place in London, organised by Jack Morton Worldwide.

Two new recruits for Sleek Events

Two new recruits for Sleek Events

Agency also plans fundraising sports day this summer for its new charity partner Meeting Needs.

LATEST JOBS