THE Western Australia Government has unveiled a new visitor stimulus package that will see Business Events Perth receive $15 million in funding to attract more high-profile business events to the state.
Business Events Perth Chair Bradley Woods welcomed the funding as a major pillar towards helping WA’s event sector recover from the pandemic.
“In 2019, Business Events Perth generated $153 million in confirmed business events with $5.3 million in funding, which is a return on investment of 1:29, so we expect that this new funding from the WA Government will generate significant economic returns for Western Australia and also support Perth’s CBD hotels which have borne the brunt of the pandemic,” he said.
“With business event delegates spending up to five times more than their leisure counterparts and almost two thirds of delegates choosing to attend a conference in order to extend their trip to take a holiday, the business events sector has a vital role to play in the ongoing recovery of Western Australia’s overall tourism industry.”
BE Perth has directly supported over 350 local events over the last 15 months thanks to previous state funding packages.
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Source: traveldaily