BESydney has secured 14 bid wins in the final months of 2022, with a combined direct expenditure (DE) of $40 million.
These events will bring in thousands of international delegates from key industries and fields of study, solidifying the Sydney business event pipeline through to 2029 with 85 global and national events, generating an estimated $483 million in DE.
The wins round out a very successful year for BESydney with more than 259 events secured, including those for Greater Sydney, generating an estimated $181 million for the state.
Some of these business events include the International Mining and Resources Conference (IMARC), which is expected to attract 6,000 delegates from across 110 countries when it returns to Sydney and the International Convention Centre (ICC Sydney) in 2023. It is anticipated to be worth $17 million to the local economy.
The International Council of the Aeronautical Sciences (ICAS) 2026 has also been confirmed for ICC Sydney. It is the pre-eminent forum for the world community in aeronautical science and engineering and is expected to welcome 700 delegates over four days, generating an estimated $2.5 million.
In 2027, the Australian Physiotherapy Association’s (APA) national conference ‘Physiotherapy’ will see ICC Sydney host 1,800 delegates over three days, generating an estimated $5.1 million.
“We are so thrilled to be finishing 2022 on a high and with confidence for what 2023 holds for BESydney,” BESydney chief executive officer, Lyn Lewis-Smith said.
“We are continuing to focus our efforts to contribute to the growth of our State’s sector strengths and that strategy is proving to be incredibly successful. Tapping into our city’s DNA will continue to be our focus next year.”
Tourism Australia, managing director, Phillipa Harrison said it was great to see a strong pipeline of international business events in Australia.
“Many of these events have been secured with the support of Tourism Australia’s Business Events Bid Fund Program, including the International Council of the Aeronautical Sciences (ICAS) 2026. This event, and the other recent bid wins, will deliver significant benefits to the economy.”