Celebrating a strong return of business events to Sydney
Despite a third financial year impacted by the pandemic, the optimism at the Annual General Meeting of Business Events Sydney (BESydney) was contagious for the industry in attendance. Chair of the BESydney Board, The Hon Bruce Baird AM and BESydney CEO, Lyn Lewis-Smith celebrated a positive year of achievement and a strong return of business events to Sydney and delivered a future vision that incorporates key learnings from the pandemic.
BESydney today also released its Financial Report for the Financial Year 2021-2022, showing the company secured 31 meetings, attracting 47,000 delegates, which will generate an estimated AU$132 million in direct expenditure to the New South Wales economy.
Over the reporting year, the organisation successfully oversaw Sydney Business Event Fund programs – Kickstart and Accelerate – in conjunction with Destination NSW, as part of the NSW Government’s COVID-19 response and Economic Recovery Strategy.
Speaking at the company’s Annual General Meeting, Mr Baird said the past financial year had allowed the organisation to reflect on its work and strategically consider the future it wants for Sydney, Australia and global communities.
“In the final quarter of 2021-2022, BESydney saw a return of global business events to Sydney heralding an exciting new era. Throughout the last financial year, BESydney continued its bidding activities, retained secured business impacted by the pandemic; and administered two industry support programs on behalf of the NSW Government. Cumulatively this work secured 192 meetings which we expect will attract 95,600 delegates, staying 258,000 delegate days; and generate an estimated $159 million in direct expenditure for the state,” Mr Baird added.
For more details go to BESydney’s Year in Review and its Annual Financial Report here.