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EICC has seen a huge 45% increase in their revenue

27 Apr 20232m read

Edinburgh International Conference Centre (EICC) is one of our venue-sourcing venues on our venue finding service website. We are delighted to deliver their exciting news.

The Edinburgh International Conference Centre has reported an increase in revenue by 45% to 11.8m during 2022 (2021: 7.4m)

CEO Marshall Dallas stated fast-returning confidence” in the Scottish events sector and is looking ahead to the next chapter of growth at the centre.

Dallas said: “Our 2022 figures tell a post-pandemic rebound story and combined with bookings in 2023 and the pipeline for 2024 and beyond, we have real confidence that the industry is returning to pre-covid levels.”

The EICC hosted around 72,000 delegates in 2022 and has now hosted over 2m delegates since it opened in 1995. Remarkably the EICC was also Edinburgh’s main vaccination centre in 2021, working in partnership with NHS Lothian.

In 2022, the EICC recorded a local economic impact in Edinburgh and the surrounding region of £51.9m, with a total economic impact to date of around £790m.

Dallas added: “Economic impact is an important measurement of the benefit that the EICC brings to the city, and the planned hotel and hotel school development is going to add to this number while creating jobs in the sector.”

The planned hotel development includes the EICC’s contract agreement with Hyatt Hotels Corporation for a 350-bedroom Hyatt Centric hotel in the Haymarket area of the city.

The EICC’s team hopes that the hotel, announced in June 2022 and set to open in 2025, will improve the strength of the centre as a global event destination. The biggest appeal will be its sustainability plan, concentrating on zero fossil fuel energy.

EICC aims to reinvest revenue into the conference centre and hotel, with the additional aim of tackling recruitment challenges in Scotland’s hospitality industry through the hotel school.

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