ADELAIDE CONVENTION CENTRE’S $30 MILLION RECORD YEAR

Submitted by gaccAdmin on Mon, 2011-10-03 08:04
in
Date: 
Mon, 2011-07-18 (All day)

Adelaide Convention Centre generated $30 million in revenue from events and other related trading activities in 2010/11 – a record in the Centre’s 24 year history.

Events hosted in the financial year delivered a $91.1 million economic benefit to South Australia – more than $16 million over the target for the 12 months.

Economic benefit is defined as the amount of money spent by ACC visitors on expenses such as accommodation, food, tourism and shopping.

“Events held at ACC brought 22,500 people from interstate and overseas into South Australia who wouldn’t have otherwise visited the state,” Mr Gilbert said.

“Local hotels were among the biggest beneficiaries with 101,000 room nights generated off the back of ACC events.

“The record year is testament to the hard work and commitment of the 504 permanent and casual staff employed at the Centre, who also managed to achieve a 98 per cent satisfaction rating among our guests and delegates during the year.”

A total of 505 events were hosted at the ACC during the year including a number of high profile international and national conferences. These included OzWater, Royal Australasian College of Surgeons Annual Scientific Congress, EAROPH World Congress on Housing and Planning and International Conference on Coordination Chemistry.

Despite being a record year, the ACC has still lost out on international and national business because of the Centre’s capacity restraints.

“The expansion and redevelopment of the Centre over the next few years will make us one of the largest, most flexible and up-to-date meeting places in the world and remove the capacity restraints, which have meant we have in recent years lost hosting opportunities interstate and overseas,” Mr Gilbert said

“The State government’s investment recognises the vital importance of the ACC as a major catalyst for tourism and economic growth in South Australia.

“The ACC has already managed to attract larger events for 2014 and beyond because of the increased capacity brought about by expansion including the 2014 World Aquaculture Conference, which will be hosted shortly after the completion of Stage One.”

 

ACC 2010/11 Fast Facts

·         Achieved a record $30.2 million in income from event and other trading activities

·         Generated $91.1 million in economic benefits for the State ($16 million more than target)

·         Held a total of 505 events

·         Attracted more than328 000 people/delegates to events held;

·         Held 239 dinners, attended by a total of more than 77 000 guests;

·         Attracted to South Australia approximately22 500 visitors (delegates)

·         Generated more than101 000 hotel bed nights.

·         Achieved98% positive client feedback.

·         Exceeded performance targets, resulting in a profit from trading activities of more than $6.8 million