Outrigger Hotels and Resorts

Published on Thursday, March 13, 2014

Study shows economic value of trade fairs

A new study has highlighted the spending power of trade shows in the US, which it says contributes almost $70 billion to the economy.

The Center for Exhibition Industry Research (CEIR) released findings showing the economic benefits of trade shows and exhibitions.

It said attendees at B2B events spend up to $44.8 billion with exhibitors spending another $24.5 billion every year.

The research produced two reports - Attendee Direct Spending Estimate and Exhibitor Direct Spending Estimate - and determined that a well-run event has a positive impact for the economy, regardless of its size.

CEIR CEO Brian Casey said the reports show that "direct spending fuels business for exhibition organizers and suppliers as well as the travel and tourism industries. "

CEIR also believes the study provides invaluable data for convention centers and host cities to compare the likely economic impact of trade shows.

Story Image

Your Comments

, be the first to post a comment.
Your email:

Email other comments made to this story

NOTE: Comments are subject to admin approval before being posted.
Mole Poll
'FAA see spike in unruly passenger incidents' - should they seek max fines and punishment ?


UKinbound are in Manchester for the Annual Convention - What can you expect?

Qatar moved from red to amber list: Phil Dickinson details the growth plans for the destination

Japan - The bucket list destination - five experts describe a life in the day of a visitor

Lonely Planet launch UK Road trip Guide

Ottawa - Capital of Canada is open for business and ready for visitors