PCO business climbs 18% year-on-year

Professional Congress Organisers (PCOs) saw a sizeable rise in C&I business last year, according to the annual member survey by trade body the International Association of Professional Congress Organisers (IAPCO). According to the study’s findings, the IAPCO’s global membership – currently 80 organisations in 29 countries – saw an 18% increase in meetings and exhibition business in 2007 across 4,000 events attracting some 1.8m delegates. Elsewhere the report showed that 22% of IAPCO members now run 100-plus events annually, up from 15% in 2007. This IAPCO now puts the value of its members business at £2.3bn, based on an average delegate spend of £1,290. The breakdown of IAPCO members’ business changed little year-on-year, with 49% of events being association business, 41% corporate, and 10% governmental meetings.

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