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Nearly 30 percent of business travelers are actively choosing to travel on leisure trips with colleagues (which could make off-site experiences during corporateevents all the more important). Travel forecasts 8.8 percent growth for inbound international visits in 2025 and 8.9 percent growth in 2026.
The country’s convention bureau is now promoting Cyprus as a world-class conference and events location. The recently refurbished Filoxenia Conference Centre can seat up to 850 people in its largest room and offers ample amenities for large conferences and conventions. each year to 2028. Czech Republic.
Events are back and estimated to reach $2.2 billion by 2028 Before the pandemic in 2020, the event industry was valued at approximately $800 billion. until 2028. This growth is primarily driven by corporateevents, with music concerts and festivals following closely behind.
Despite the setbacks caused by the pandemic, analysts still expect the events industry to continue growing. The sector was valued at $1,135 billion in 2019 and should reach $1,552 billion by 2028. The largest types of events include: Corporateevents and seminars Sports events Music concerts Exhibitions and conferences Festivals.
To get a glimpse of the topics that this new whitepaper will explore, see summarised points below: The Importance of Staying Updated with Emerging Trends With the global events industry projected to surpass the two trillion U.S. dollars mark by 2028, staying updated with emerging trends is imperative. Want to know more?
The event planning business is at the moment one of the fastest growing industries – It is anticipated to grow to $1,552.9 billion by 2028. There are many paths to becoming a successful event planner and no rules are set in stone, so which one you choose largely depends on your personal preferences and educational background.
As the nearly $1 trillion event industry continues to rebound from the pandemic, event professionals are poised for a prosperous future. According to a report by Insight Partners, the event industry is going to double in size by 2028, growing at a compound annual growth rate (CAGR) of 11.1% through the next five years.
According to Allied Market Research , the event industry was worth $1,135.4 billion by 2028, an 11.2% A career in the “Events industry” is a viable option, according to these reports. A skilled event planner must be an excellent multi-tasker to manage various aspects of an event seamlessly.
Propelled by these possibilities, the global events market is expected to surpass $2 trillion by 2028, according to Verified Market Research. Today, there are three types of events that can be planned: In-person events: Traditional face-to-face gatherings, such as a trade show, conference, or corporateevent.
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