Joint Meeting Industry Council

Economic Impact Studies

The Value of Business Events to Australia by the Business Events Council of Australia (BECA)
The study highlights the importance of the business events industry to Australia, by estimating the economic contribution, value add and employment of the industry for the 2013-2014 financial year.

It demonstrates that business events are a major economic driver for the Australian economy, but the current approach to valuing these benefits is focused on immediate tourism spending of delegates, event expenditure and venue utilisation. This focus on short term impacts masks the wider and more enduring benefits of business events associated with support for infrastructure development, business relationships, knowledge transfer and industry investment.

Australia’s International Business Events Sector: The Economic and Strategic Value Proposition (Key Findings)
Deloitte Access Economics 2014

Business Events: Delivering Economic Prosperity for Australia, AACB, 2014
Published by: The Association of Australian Convention Bureaux (AACB)

The Economic Contribution of Meeting Activity in Denmark
Published by: VisitDenmark, May 2012

The Economic Significance of Meetings in Mexico
Published by: Centro de Estudios Superiores en Turismo, September 2011

Canadian Economic Impact Study 3.0 

The UK Economic Impact Study estimates 2011 meetings activity and profile (meeting volume, venue volume, number of attendees and expenditure) in the UK and model the contribution that meetings activity made to the national economy in 2011 (such as the Direct, Indirect, and Induced: GDP contribution, employment, tax revenue, and Industry Output); it breaks out the estimated meetings activity and economic contribution on specified regional levels.

2012 Economic Significance Study by the events industry council

The Economic Significance of Meetings to the U.S. Economy: this study quantifies the economic contributions made by the more than 1.8 million meetings, trade shows, conventions, congresses, incentive events and other meetings that take place across the country.

This study was conducted by PwC US was spearheaded by an alliance of CIC members representing the collective meetings, travel, exhibitions and events industries in the U.S.