ICC Sydney reports annual performance in the ‘year of Covid-19’

MICE News
Tuesday, 27 October 2020

Australia’s International Convention Centre Sydney’s (ICC Sydney’s) annual performance review shows delegates attending events at the venue generated A$510 million in direct expenditure for New South Wales (NSW), despite the economic fallout from Covid-19 on the 2019/20 financial operating year.


The report highlights a year in two parts, with the venue initially on track for a strong economic and operational year in 2019/20. 

This was cut short by the pandemic, with gathering and travel restrictions shutting down all in-person events at the venue from mid-March onward. 
In the first eight months of 2019/20, ICC Sydney generated A$510 million in delegate expenditure for NSW. This was  down by A$386 million from FY2018/19 due to four months of lost operations.

Geoff Donaghy, ceo of ICC Sydney said: “In just over three years of operation, ICC Sydney has generated over A$2 billion in delegate expenditure for the NSW economy. We have hosted around 3.5 million visitors who delivered four million overnight stays in Sydney. We have directly supported more than 135 regional or NSW farmers, winemakers and other primary producers.

“On top of this, our world leading Legacy Program delivers enormous benefits and opportunities to Sydney’s creative industries, First Nations businesses, start up and student communities. We also continue to build Sydney’s reputation as a smart, world class city."

ICC Sydney reports annual performance in the ‘year of Covid-19’

MICE News
Tuesday, 27 October 2020

Australia’s International Convention Centre Sydney’s (ICC Sydney’s) annual performance review shows delegates attending events at the venue generated A$510 million in direct expenditure for New South Wales (NSW), despite the economic fallout from Covid-19 on the 2019/20 financial operating year.


The report highlights a year in two parts, with the venue initially on track for a strong economic and operational year in 2019/20. 

This was cut short by the pandemic, with gathering and travel restrictions shutting down all in-person events at the venue from mid-March onward. 
In the first eight months of 2019/20, ICC Sydney generated A$510 million in delegate expenditure for NSW. This was  down by A$386 million from FY2018/19 due to four months of lost operations.

Geoff Donaghy, ceo of ICC Sydney said: “In just over three years of operation, ICC Sydney has generated over A$2 billion in delegate expenditure for the NSW economy. We have hosted around 3.5 million visitors who delivered four million overnight stays in Sydney. We have directly supported more than 135 regional or NSW farmers, winemakers and other primary producers.

“On top of this, our world leading Legacy Program delivers enormous benefits and opportunities to Sydney’s creative industries, First Nations businesses, start up and student communities. We also continue to build Sydney’s reputation as a smart, world class city."