HKECIA: Hong Kong exhibitions post solid results in 2017

Hong Kong, 26th June: Last week, the Hong Kong Exhibition and Convention Industry Association (HKECIA) released the results of its annual exhibition survey. A total of 135 exhibitions with a gross size over 2,000 m2 were held during 2017. Among them, 87 were classified as “trade” and “trade and consumer” exhibitions. The remaining 48 exhibitions were purely “consumer” exhibitions, which were not included in the survey.

A total of 78 respondents participated in the survey. According to the survey results, the total number of companies exhibiting at events in Hong Kong during 2017 was more than 72,000 – that represents a 5.2% year-on-year increase. Significant growth was recorded from both international companies and Mainland Chinese companies, rising 12.6% and 20.2% respectively.

In terms of visitors, the total visitor number increased by 11.8%, over 2,465,000. Regional visitors jumped 27.7%, while visitors from Mainland China grew by almost 30%. Estimated stand revenues were up by 12%, reaching HK$3.8 billion (US$484 million).

Chairman of the HKECIA, Mr Stuart Bailey, commented, “The latest survey shows our significant advantages, and reinforces how much status Hong Kong has internationally as an exhibition destination. Now it is time to see how we can build on this to tap into the changes ahead. In particular, we view the Greater Bay Area as a huge opportunity. It is essential that we work closely with our government and mainland partners to ensure that Hong Kong’s role as a key MICE hub is fully understood and recognised. This in turn will help us maintain the momentum we have built up over many years.”

Source: Incentive Travel & Corporate Meeting article