Events at London ICC to Generate £100 Million Economic Boost
19th February 2010ExCeL London has announced £6 million worth of confirmed events business after being named as London's first ICC less than six months ago. Through delegate spend, the wins will generate an estimated £50 million economic boost for the city, with a further £50 million benefit to come from pending contracts.
Enquiries have been high ahead of the official opening of ICC London ExCeL in May this year, with events being booked at the venue right up until 2015. An independent study by Grant Thornton estimated the expansion of ExCeL London will bring in total around £1.6 billion economic input to London by 2011.
Forthcoming events include the European Conference on Optical Communications expecting approximately 4,000 delegates in 2013 and the European Federation of National Associations of Orthopaedics and Traumatology (EFORT) in 2014, which will host approximately 8,000 delegates.
James Rees, Director of Conferences & Events at ExCeL London explains; "The sheer number and quality of events that ICC London ExCeL is attracting, clearly illustrates why London and indeed the industry as a whole has needed an international convention centre."
He continues; "London is one of the finest cities in the world and we are relishing the opportunity to play a key part in completing its business tourism product, bringing with it a massive economic benefit for the city and most importantly, as a private organisation, at no cost to the tax paying public."
