For Immediate Release: 1230, 10 July, 2013
UK meeting industry generates 3x more GDP than agriculture and the equivalent of 1 million full-time jobs according to study commissioned by the MPI Foundation.
Research announced today by the Meeting Professionals International (MPI) Foundation, and undertaken by the International Centre for Research in Events, Tourism and Hospitality (ICRETH) from Leeds Metropolitan University has revealed that:
• The UK meeting industry delivers £58.4 billion to the UK’s gross domestic product (GDP) – making a contribution three times greater than agriculture to the country’s economy.
• The meeting industry is the UK’s 16th largest employer with more than 515,000 individuals directly employed – double that of the telecoms industry.
• Including indirect employment, the meeting industry generates more than 1 million full-time equivalent jobs.
• Meetings made a direct gross value added...