Delegates attending events at International Convention Centre Sydney (ICC Sydney) generated $820 million in direct expenditure for NSW in its second year of operation, an increase of $35 million from the same period last year, according to a Deloitte Access Economics study.
International and interstate visitors helped generate 72 per cent ($590 million) of the total expenditure, resulting in more than 1.57 million overnight stays in Sydney accommodation.
NSW Minister for Finance, Services and Property, Victor Dominello said the results of the study demonstrated the success of ICC Sydney since its opening in December 2016.
“The figures speak for themselves – ICC Sydney is a big win for Sydney, providing visitors with world class events, and boosting the economy and creating jobs,” he said.
“The venue has also enriched Darling Harbour and put Sydney on the map as Australia’s number one destination for events and exhibitions.”
ICC Sydney CEO Geoff Donaghy said he is proud of the venue’s achievements.
“Our world class operation of ICC Sydney saw our satisfaction ratings improve on an already strong result in 2017, with a near-perfect delegate rating of 99 per cent and client rating of 97 per cent.”
“Our investment in our people and our engagement with the community around us is ultimately what underscores the success of our clients and the experience of our visitors.
“We firmly believe in equipping our people with the skills they require to succeed, providing careers, not just jobs. This mindset is the foundation of our inclusive and diverse culture and directly correlates with our achievements as a business.
“This approach to diversity and inclusion extends to the community where we’ve built an incredible network that all come together to make our event delivery possible and create a ripple effect of positive outcomes.”