London-based venue, The QEII Centre, has experienced its third best trading performance since opening in 1986.
According to the centre’s latest report and accounts, it has delivered total revenues of £14.95m for the period 2022-23, equivalent to 94% of what was achieved in its best year of trading in 2019/20 (£15.94m).
The venue’s enquiry and booking levels continue to exceed expectations with the year-end forecast for 2023-24 looking even better with turnover expected to hit circa £16.5m.
The venue has also reported several long-term bookings with multi-year deals contracted as far out as November 2029.
In 2023, more than 320 high-profile events were held at the venue, including international events such as the Norwegian Developers Conference; Alan Turing Institute AI UK; Qcon; Isokinetic: Football Medicine the Pursuit of Excellence conference; T2RL Engage; and the IAEA Fusion Energy Conference.
Mark Taylor, chief executive, The QEII Centre said: “We’re delighted with these trading figures. With the many multi-year and long-term contracts that we have on the books, we are in a fantastic position for the future.
“As we look to the future we will continue to invest in our people, strengthen our technological competitiveness and sustainability credentials and seek new opportunities to further drive commercial revenues.”
