The New HBAA survey will shed light on the current situation
There has been an average reduction of 39 per cent in full time equivalent positions within agencies in the meeting, events and accommodation industry since February 2020, according to a new HBAA survey due to be published in April.
This figure has increased by 9% since June 2020 when a previous HBAA study revealed that 30% of employees working in the sector at the time were at risk of redundancy.
The HBAA’s Q1 2021 research, which surveyed close to 100 members, also revealed that 20% of venues and agencies have not received any grants or business rates relief.
Some 74% of agencies also said their business needed an extension to the government’s furlough scheme and 44% need the relief on business rates to be able to continue.