1 00:00:00,000 --> 00:00:02,800 Speaker 1: It turns out if you hold and host stuff, it's 2 00:00:02,800 --> 00:00:05,640 Speaker 1: good for the economy. The business events sector contributed almost 3 00:00:05,680 --> 00:00:07,360 Speaker 1: a billion, nine hundred and twenty five million to be 4 00:00:07,360 --> 00:00:10,119 Speaker 1: precise to the economy last year generated one point five 5 00:00:10,160 --> 00:00:13,000 Speaker 1: million visitor night spend per Delicate was strong to Lisa 6 00:00:13,039 --> 00:00:16,440 Speaker 1: Hopkins as the chief executive at Business Events and as 7 00:00:16,480 --> 00:00:17,680 Speaker 1: with us, Lisa morning. 8 00:00:18,400 --> 00:00:19,239 Speaker 2: Good morning, Mike. 9 00:00:19,520 --> 00:00:22,520 Speaker 1: Is this a growth story? There's more weathers came from. 10 00:00:22,960 --> 00:00:25,919 Speaker 2: Absolutely, there's more where this comes from. And I think 11 00:00:26,640 --> 00:00:30,200 Speaker 2: you know, this was a data set that was developed 12 00:00:30,280 --> 00:00:34,920 Speaker 2: during a year which you know started quite well, ended 13 00:00:35,040 --> 00:00:37,519 Speaker 2: very well, but in the middle was quite soft. So 14 00:00:37,600 --> 00:00:40,159 Speaker 2: I think we've got some some more good news to 15 00:00:40,200 --> 00:00:41,960 Speaker 2: look forward to for the rest of the year. 16 00:00:42,120 --> 00:00:44,400 Speaker 1: Where does the convention center and Auckland fit into this? 17 00:00:44,520 --> 00:00:46,960 Speaker 1: Does this provide or drive new business or does it 18 00:00:47,040 --> 00:00:49,040 Speaker 1: just divert business from wherever it is now to a 19 00:00:49,080 --> 00:00:49,560 Speaker 1: new place. 20 00:00:50,640 --> 00:00:53,840 Speaker 2: No, it absolutely drives new business, Mike, because what we've 21 00:00:53,880 --> 00:00:57,160 Speaker 2: now got is we've now got quite a very strong, 22 00:00:57,320 --> 00:01:02,320 Speaker 2: sweeter convention centers across the country, which just gives us 23 00:01:02,440 --> 00:01:07,000 Speaker 2: a wider opportunity or broader opportunity to take new business 24 00:01:07,080 --> 00:01:12,680 Speaker 2: of different sizes, different different needs, different requirements. So we're 25 00:01:12,760 --> 00:01:16,880 Speaker 2: really in a growth mode with the engine ICC now 26 00:01:16,880 --> 00:01:17,960 Speaker 2: coming online as well. 27 00:01:18,120 --> 00:01:20,480 Speaker 1: How much of its domestic, how much of its international. 28 00:01:22,120 --> 00:01:25,560 Speaker 2: So if you it was quite interesting when the results 29 00:01:25,600 --> 00:01:27,960 Speaker 2: came through. So we had about fifty five percent that 30 00:01:28,280 --> 00:01:34,440 Speaker 2: came through from domestic delegates and around about twenty three 31 00:01:34,520 --> 00:01:39,080 Speaker 2: percent were international and the rest twenty two percent came 32 00:01:39,080 --> 00:01:43,600 Speaker 2: from local delegates. So definitely the opportunity and the growth 33 00:01:43,600 --> 00:01:47,720 Speaker 2: opportunity is in the international space because that's the piece 34 00:01:47,840 --> 00:01:52,080 Speaker 2: which is really infinite in terms of where the opportunity lies. 35 00:01:52,640 --> 00:01:56,480 Speaker 2: And with the new Convention Center, we've now got an 36 00:01:56,480 --> 00:01:59,160 Speaker 2: option to bring in even larger conferences. 37 00:01:59,440 --> 00:02:01,560 Speaker 1: That threty seven hundred and twenty six bucks that the 38 00:02:01,600 --> 00:02:04,840 Speaker 1: international delegate spends, does that incorporate what they may do 39 00:02:05,040 --> 00:02:07,240 Speaker 1: after they've left the conference, if they take a holiday 40 00:02:07,320 --> 00:02:08,080 Speaker 1: that sort of thing or not. 41 00:02:09,440 --> 00:02:12,720 Speaker 2: Yes it does, because you know, and these are obviously 42 00:02:12,760 --> 00:02:16,840 Speaker 2: average spends that yes it does. So we were based 43 00:02:16,880 --> 00:02:20,520 Speaker 2: on the data that we got, the average international delegate 44 00:02:20,600 --> 00:02:25,320 Speaker 2: spends just over eight nights here in New Zealand, and 45 00:02:25,600 --> 00:02:28,440 Speaker 2: of that only about four of that would be a conference, 46 00:02:28,480 --> 00:02:31,040 Speaker 2: and then on average another four would be around the country, 47 00:02:31,080 --> 00:02:31,680 Speaker 2: because that's. 48 00:02:31,520 --> 00:02:34,520 Speaker 1: All the numbers. Thirty seven hundred dollars is a solid spin. 49 00:02:34,560 --> 00:02:36,760 Speaker 1: In fact, even domestic at twenty one hundred. I was 50 00:02:36,760 --> 00:02:40,480 Speaker 1: surprised about. I mean, that's a good spend, isn't it. 51 00:02:40,480 --> 00:02:42,440 Speaker 2: It is a good spend. And of course that also 52 00:02:42,520 --> 00:02:47,079 Speaker 2: includes a delegates registration fee, because that registration fee also 53 00:02:47,160 --> 00:02:51,920 Speaker 2: gets spent in the economy going towards other businesses and 54 00:02:51,960 --> 00:02:54,920 Speaker 2: other services that are required to deliver that conference. So 55 00:02:56,280 --> 00:02:58,079 Speaker 2: it's a really good news story. 56 00:02:58,200 --> 00:03:00,800 Speaker 1: Good to talk. Appreciate very much, least Hopkins, who's the 57 00:03:00,840 --> 00:03:03,720 Speaker 1: chief executive of Business Events. Isn't that good? For more 58 00:03:03,800 --> 00:03:06,880 Speaker 1: from the My Asking Breakfast, listen live to News Talks 59 00:03:06,919 --> 00:03:10,040 Speaker 1: at B from six am weekdays, or follow the podcast 60 00:03:10,120 --> 00:03:10,960 Speaker 1: on iHeartRadio.