Tuesday, 26 July 2016

EVENT INDUSTRY

STUDY OF GERMANY'S EVENT INDUSTRY

The German event industry is growing steadily with around 390 million attendees in events held around the country, which is 2.6% more than last years. the country is gaining popularity as the leading venue infrastructures or event management resource provider for organizers and event participants. total no. of foreign visitors has increased by 8% to 27 mil.the future of event industry in Germany looks positive or now as even the suppliers and organizers seem happy and believe that the sector will keep developing and improving its infrastructure & services.


Germany’s supply remained relatively stable last year despite growing demand at home and abroad: 7,208 event centers, conference hotels and event locations each with seating for at least 100 people in their largest room indicate a moderate increase of 0.8% relative to 2014. The number of events likewise remained relatively constant at 3.06 million (plus 0.7%).By far the most important type of event at German venues were conferences, meetings and seminars which accounted for 52.1% and an increase of 2.5 percentage points. There was also a slight overall increase in the average number of participants at German events.  


Here is a detailed industry report of the German event market(by meeting & event barometer).

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