Industry News: A One Trillion Dollar Industry

The Events Industry Council (EIC) – of which ESPA is a Member – announced this week preliminary results of an unprecedented worldwide study on the economic significance of face-to-face business events.  The Global Economic Significance of Business Events conducted by Oxford Economics is the first-ever comprehensive study on the impact of business events.

The trillion-dollar (USD) outlay reflects the direct spending attributed to planning, producing, attending and/or hosting business events which include meetings, conferences, conventions, exhibitions and incentive travel.  Read the full story.