Hong Kong CEC announces record revenue rise

The Hong Kong Convention and Exhibition Centre today announced a 20% increase in both attendances and revenues in the three months from July to September compared with the same period last year.

The quarterly figures, which represent the first three months of the HKCEC's fiscal year, have been hailed as the best in the venue's 21-year history.

Overall attendance increased by 20% to 2.3 million visitors and operating revenues are said to have dramatically increased by 20.2%.

The rise follows a 20,000sqm expansion, completed in April, which has increased HKCEC's rentable space to 91,500sqm.

Among the highlights of the period was July's Hong Kong Book Fair, organised by the Hong Kong Trade Development Council, which had a record attendance of 900,000 visitors over seven days.

HKCEC managing director Cliff Wallace said: "It will be only a matter of time before the planning for our third expansion must be expedited to meet the growing demand by existing clients for more space."

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