Sydney ranked number one in Australia for business conferences

17 May 2013

Sydney has topped the country's results in the International Congress and Convention Association's (ICCA) Country and City Rankings Report boosting its enviable reputation as the first place in Australia to do business.

The harbour city ranked number one in Australia for conferences and congresses and number 24 worldwide, a rise of ten places from last year. Sydney was also ranked sixth in the Asia-Pacific region, with the number of meetings held in the city rising from 57 in 2011 to 86 in 2012.

The New South Wales Government aims to build on Sydney's reputation as one of the top business events destinations in the Asia-Pacific by constructing Australia's largest fully integrated convention, exhibition and entertainment facilities in Darling Harbour.

The redevelopment of Darling Harbour represents a major investment in the state economy and is estimated to generate $5 billion in economic benefit for New South Wales over 25 years, create 3,700 jobs during construction and provide ongoing employment for 4,000 people across the precinct.

Once completed the new facilities will enhance Sydney's global reputation as a host for business events and attract more business delegates to Sydney, who on average spend six times more than other tourists.

"Not only does our visitor economy gain from hosting business events, but the value to our economy as a whole is boosted. Business events spur valuable trade and investment opportunities, they link our local industry to the world's leading thinkers and professional networks, and breed innovation and new ideas," Mr Stoner said.

Business Events Sydney (BESydney), the organisation responsible for promoting Sydney and NSW as business events destinations, is working closely with the NSW Government to align its events with the Government's priority sectors and Major Event Calendar, such as Vivid Sydney.

Destination New South Wales is also working closely with BESydney and Good Design Australia to align the Australian International Design Festival, incorporating the Australian International Design Awards, Showcase and Forum, to Vivid Sydney – the largest light, music and ideas festival in the Southern Hemisphere.

Since March 2011, BESydney has delivered 162 events, attracting an estimated 104,473 delegates and generating an estimated $375m in economic impact to the state.

BESydney will also be hosting South Asian corporate clients from 28 May–2 June and Chinese corporate clients from 7–12 June, with the groups coming to Sydney to familiarise themselves with the traditional sights of the city as well as the delights and innovation of Vivid Sydney's exciting program and famous light installations.

Additionally, in Sydney during Vivid Sydney Festival are:

BC Card Korea Incentive: 23-27 May, 500 delegates over five days, estimated economic impact of $2.4 million

Goldensun Technology Incentive: 24-29 May, 300 delegates over five days, estimated economic impact of $1.4 million

These great ICCA results come just one week after BESydney was awarded top honours at the Meetings and Events Association (MEA) national conference in Darwin, winning the national award for Metropolitan Destination Marketing Organisation.