What are the effects of developing conference and exhibition industry on the city? They include driving the development of tourism industry, driving the development of transportation industry, and driving the development of hotel industry.
The development of conference and exhibition industry will lead to the development of tourism industry: as we all know, every activity of conference and exhibition industry will bring a lot of traffic for the organizing city, and a lot of exhibitors, while participating in the exhibitions or conferences, will go to the tourist attractions of the city in their spare time to travel and consume, which will lead to the development of tourism economy of the region.
The development of conference and exhibition industry will drive the development of transportation industry: to a small extent, the holding of a conference and exhibition activities will attract a large number of exhibitors, bring the flow of people, increase the demand for transportation, and bring the economic income of transportation, to a large extent, the more large-scale, the higher the popularity of the conference and exhibition center to host the city, the higher the demand for aviation, transportation facilities, and so on.
The development of the convention and exhibition industry will drive the development of the hotel industry. During the period of organizing convention and exhibition activities, we will find that the occupancy rate and the number of diners of the hotels in the cities hosting conventions and exhibitions, especially in the vicinity of the venues hosting conventions and exhibitions, will have a substantial increase, and a lot of them are due to the sources of customers brought by the convention and exhibition activities, which will bring the hotels revenue in terms of lodging, food and beverage, and entertainment, and so on.
Characteristics of the exhibition industry
There is an authoritative organization that dominates the industry: with strong macro-control ability and a well-ordered exhibition market in the country, the Association of the German Trade Fair Industry (AUMA), which was established in 1907, is the supreme association of the exhibition industry in Germany, and it is a consortium consisting of exhibitors, purchasers and exposition organizers, but it bears many government functions. However, it assumes many governmental functions and has a strong authority.
Highlighting the function of government services: Attaching importance to the overall image shaping of the convention and exhibition destinations, the Singapore Tourism Board Exhibition and Convention Bureau, which was established in 1974, takes sales promotion, information provision and coordination as its main functions.
Emphasizing the government's support and orientation function: the development of convention and exhibition economy requires advanced infrastructure. The strength of the government's upfront capital investment directly affects the speed of the development of the city's convention and exhibition economy. At the same time, how to utilize emerging industries to support the economic development of economically underdeveloped regions is also an issue considered by countries taking the government-led convention and exhibition development mode.