Cost of Meetings Are Rising Fast
According to the Event Economy Tracker by The Business of Events. The UK meetings and events industry has experienced a rise in the Price Per Head of 14.7% in Q1 of 2023, and a 22% year on year increase for meeting rooms.
The Venue Booker reports that overall spending on Conferences and Events in London is forecast to rise by 43% 2022 – 2026. This significant increase in demand in not being matched by an increase in supply. The annual PWC hotels forecast for the next 4 years shows only a relatively modest in increase in the supply of hotel rooms, a proxy for conference space. It is this disconnect between supply and demand that is pushing up price.
Cavendish Venues are the leading conference venues in London. In 2022 just over 83% of our business came from returning clients. If you are looking for central London conference venues with excellent customer service, value for money pricing and superb facilities in both
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