Business and events tourism is representing an increasingly important contributor to the British economy, according to UK prime minister, David Cameron.
The Conservative leader is voicing his support for the All Party Parliamentary Group (APPG) and its mission of highlighting the vital role business tourism plays in boosting economic growth.
According to britainforevents.co.uk, the inquiry values the UK events industry at £36 billion and believes it has the potential to reach £48.4 billion by 2020.
The report argues that events bring communities together and attract tourists who buy UK products and, on some occasions, even schedule repeat visits to the nation.
Upon receiving a copy of the APPG’s Inquiry for Events report and reviewing its findings, Mr Cameron commented: “Business and events tourism represents an important and growing sector of our economy, so I do welcome the effort of the All Party Parliamentary Group for Events for the publication of this Inquiry report.”
Representatives from the APPG believe their ambitious goals can be achieved with the right level of government support and have highlighted a number of recommendations for increasing the UK’s competitiveness on a global scale.
Cited by meetpie.com, Mr Cameron added that his own party is looking forward to working alongside the APPG to boost the profile of British events companies in an attempt to win more international business.