Business Matters June 2018

Page 44

FOCUS ON VENUES

Award-winning venues and business destinations are booming

How the region’s business conference and venue sector of major importance to the area’s economy

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ollowing on from Wales’ success in attracting and hosting global events like the UEFA Champions League Final, and the NATO Wales Summit 2014, Economy Secretary, Ken Skates announced the Welsh Government plans to build on this success to attract leading business events to Wales, further showcasing the destination on an international stage. Cabinet Secretary for the Economy and Transport, Ken Skates, said: “Wales has built an enviable track record of successfully hosting many of the world’s biggest events and following last year’s UEFA Champions League Final – the single biggest sporting event of 2017 – we’re now looking at building on our experience to attract leading business events to Wales. “Wales currently attracts under 2% of the value of business conferences and meetings for the UK as a whole but there is significant potential to draw events from UK and international associations, public

Chateau Rhianfa, one of the best venues in the region for both business and leisure

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Focus on Wales & third sector meetings, corporate meetings and team building events to Wales’s award-winning venues and business destinations. “Wales will be showcased as an agile and innovative nation with a truly global outlook. Synergy with target growth sectors such as Advanced Materials & Manufacturing, Financial & Professional Services and Energy provide real opportunities to attract business events to Wales. “As a compact connected country, Wales can open doors to innovators, industry experts, professors and scientists with genuine insight into their individual field.” Investments such as refreshing and upgrading Venue Cymru’s offer as a business events venue has seen almost £1 million of EU funding secured for the development. The project is part of the Welsh Government’s EU funded Tourism

Attractor Destination programme, led by Visit Wales. Venue Cymru hosts in excess of 800 separate conference and events every year. Conwy County Borough Council, owners of Venue Cymru recognised that the remodelling of key spaces within the complex was critical to ensure that Venue Cymru could evolve with the needs of this important market and attract further business events to Wales. A programme of reconfiguration of the current building will allow for better use of the existing space to accommodate the varied programme of shows and events; with the improved quality of the offer attracting more visitors to North Wales and Venue Cymru, helping to extend the visitor season. For further information on Business Events opportunities and engagement please see www.VisitWales.com/MeetinWales #MeetInWales


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Business Matters June 2018 by Benham Publishing Limited - Issuu