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Corporate Hospitality Market Report 2014

  • May 2014
  • -
  • Key Note Publications Ltd

Summary

Table of Contents

Executive Summary

The corporate hospitality market in the UK has continued to strengthen in recent years, with a number of domestically-hosted events, such as the Queen’s Diamond Jubilee celebrations and the London 2012 Olympic and Paralympic Games, providing a significant boost to the industry 2012. The success of such events, combined with the UK’s strengthening economic position following the recession, has served to have a positive impact on the domestic corporate hospitality market over the past 2 years, with Key Note estimating market value to have increased by 4% and 3.5% in 2012 and 2013, respectively. Increased spending on business travel across Western Europe, as well as rising investment in corporate event facilities by a number of accommodation providers based in the UK, has also helped to stimulate spending on corporate hospitality packages in recent years.

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