Dilemma: On one hand you have the just about everyone saying things are getting distinctly busier, the Informa’s of this world. On the other hand delegate rates don’t seem to be going up much (if at all). One explanation could be that there is more supply coming onto the market. Definitely there has been a tremendous building programme leading up to the Olympics next year. However when you consider that delegate numbers are tremendously responsive to economic ebbs and flows while venue construction in a highly regulated environment like London (small things like planning permission) are not, you would expect a small thing like price to pitch about far more. Maybe there is increased demand but it is not going into London, in the long twilight of the recession organises have got sick of the lot us, kicked out and gone to glamorous Brussels instead, god help us all.
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