Confex event director Duncan Reid has hailed the show as an early success, stating that he's happy the London show is defying the recession.
"Clearly there has been a lot of dark economic clouds recently that have affected the events industry and there have been redundancies," Reid told C&IT at this afternoon's half-way point in the show. "But visitor numbers are good and if you look around the show you can see that there is a lot of business being done."
Reid said in the current economic climate he'd be happy if Confex hits it's pre-show target of matching last year's overall footfall of 14,000 (10,000 visitors, 4,000 exhibitors).
"In no way are we through the recession, but if the predictions of our first keynote speaker Hamish McRae are correct, in the coming months we'll see the return of credit. As events is a service led industry, it can react to that quickly in terms of short-notice events," Reid said.
Reid added that he'd seen a rise in public sector event buyers at the show and said that next year would see an increase in Olympics-led projects: "We will be building in a lot more aspects related to the Games. People will want to know what's happening in London ahead of 2012."