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State of the Events Industry – August 2020

20 Aug 20202m read

CLICK HERE for the full Meetings Industry Report published on the 18th of August 2020. From our perspective the key findings are:

  • 59% of venues have not yet reopened
  • A full 35% of venues are planning on re-opening in September
  • 64% of venues are not adjusting their venue rates in response to the pandemic
  • 97% of venues have seen a decline in enquiry volumes
  • 92% of venues had no insurance to cover pandemic related losses
  • On average, enquiry volumes have decreased by 78%
  • From our own survey a full 80% expect to see a decline in delegate rates

These are desperate times! our industry is in real difficulties! We appeal to all to support the #WeMakeEvents campaign.

In light of this crisis, we appeal to all venues and clients to work together. We at the venue booker are talking to clients and venues all day every day, if you want to know what other venues are doing, how clients are reacting etc then please get in touch

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About The Venue Booker

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With over 20 years experience in the hospitality industry you can be confident that our expertise and extensive knowledge will ensure the success of your event.

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