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November 13, 2020
In this issue
Event budgets halve due to COVID-19: AV1 survey
Pandemic artificially inflates business events pipeline
Grand Prix to go ahead, in great news for business events industry
ICC Sydney increases Aware Super Theatre capacity to 2400
Your weekly grin and tonic


Event budgets halve due to COVID-19: AV1 survey
 
By Brad Foster
 
Uncertainty is widespread but optimism is growing, with almost 70 per cent of event professionals recently surveyed by audio visual company AV1 now feeling “slightly optimistic” about the events industry over the coming 12 to 18 months.
 
AV1’s Market Research Survey was sent to the company’s database and completed by event professionals at various levels of management working for organisations of all sizes from a wide selection of industries throughout Australia.
 
One of the most promising findings was that respondents said they want to plan live events but currently their hands are tied.
 
Sixty-eight per cent said they would attend an in-person event right now but 78 per cent said the risk was still too high, with more than a third saying their company policy does not allow them to attend events at present.
 
The main challenges faced by event professionals now and into 2021 are government restrictions (72 per cent), fear of reduced registrations and attendance (50 per cent), limited budgets (28 per cent), company policies (28 per cent) and lack of resources (14 per cent).
 
Continue reading here. 
Pandemic artificially inflates business events pipeline
 
The Association of Australian Convention Bureaux (AACB) has released its latest Forward Calendar which highlights the immediate impact of the global coronavirus pandemic on the pipeline of international business events secured for Australia.
 
While 373 international business events were confirmed for Australia, 35 per cent have been postponed into 2021 and beyond, which artificially inflates the future pipeline for the country.
 
Continue reading here. 
Grand Prix to go ahead, in great news for business events industry
 
By Graeme Kemlo
 
Melbourne, the city that has specialised in staging major events is looking to boost its economic recovery in 2021 with a return to the crowd-pulling event following the announcement that the F1 Grand Prix (GP) will go ahead with a COVID-safe crowd at Albert Park in March.
 
Having effectively lost almost all of its major events in 2020, including the F1 GP last March, 100,000 plus attendees at September’s MCG Football Grand Final and the Spring Racing Carnival this month, the state is 10s of millions of dollars poorer in both direct and ancillary income.
 
So, the news that the Australian event will be staged with COVID-safe crowds spread around the 10.6 km track is great news for fans and for the business events industry.
 
Continue reading here. 
ICC Sydney increases Aware Super Theatre capacity to 2400
 
International Convention Centre Sydney (ICC Sydney) has this week announced that the venue has received clearance from the New South Wales (NSW) Department of Health to host up to 2,400 patrons when attending seated ticketed events in its world class entertainment venue, Aware Super Theatre.
 
ICC Sydney will immediately increase the theatre’s seated capacity to welcome back larger events, the first of which will be Carols in the Domain. In line with current NSW Government regulations, all ticketed events will be subject to one person per four square metres of space. In order to maintain physical distancing within the theatre, which can accommodate 8000 seats at full capacity, tickets to events will be sold in a checkerboard seat pattern with a minimum of a two seat gap between groups.
 
Continue reading here. 
Your weekly grin and tonic
 
This week’s grin and tonic video is proof that things are often worth a second look.
 
All of the pictures Darren Isenberg has put together appear at first glance quite benign… but reveal something quite clever upon further examination. Are you intrigued? Because we are.
 
Enjoy the video here, and happy weekend, folks!
 
 
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