QEIICC announces £11.5m turnover

Government-owned London venue pays dividend of £4.5m to Exchequer

QEIICC announces £11.5m turnover
QEIICC announces £11.5m turnover

The Queen Elizabeth II Conference Centre's (QEIICC) strong financial performance allowed the government-owned London venue to pay a dividend of £4.5m to the Exchequer.

The purpose-built centre for professional meetings and events announced turnover of over £11.5m for the 2008 financial year.

The QEIICC hosted 384 meetings and events during the year, and saw its room hire increase by 8.7 per cent.

The centre spent £1.2m on improving the building and its equipment over the same period, which included a digital signage system featuring large flatscreen displays introduced in September 2008.  

QEIICC chief executive Ernest Vincent said: "The centre will continue to invest in a state-of-the-art digital signage system, new energy lighting will be installed in the main conference hall, new computer programmes will be installed to better regulate the heating and cooling systems, and the main registration foyer will be redesigned to provide clients and delegates with a new welcoming experience."

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