ABPCO, the Association of British Professional Conference Organisers, has revealed that its PCO members represent an estimated £58 million* in annual spend on conferences and events.
The statistic was generated via a recent poll, sent to the Association’s full and associate PCO members, aimed at ascertaining the average annual spend per PCO member. Members were asked to select which spend bracket represented their annual budget in terms of business placed with venues and suppliers. 19% of members had a budget between £0.5 and £5 million, with 6% placing business to the value of between £2 and £5 million.
Recently appointed ABPCO Chair Michael Foreman commented: “We have always known that our members represent a significant proportion of spend on conferences and events and this result supports that view. Our focus has always been on excellence in conference and events organisation and it is clear that our members represent the highest calibre of conference professionals in the UK.”