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Hotelympia 2016 sees £200m spending spike

31st May 2016 - 12:34
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Hotelympia 2016 sees £200m spending spike
Abstract
Hotelympia organiser Fresh Montgomery has revealed that purchasing at the 2016 event reached the £200 million mark.

Statistics reveal that 20% of visitors declared an annual purchasing authority of over £500,000 with a further 16% attesting to a spending power in excess of £100,000 – an 80% increase on 2014.

Toby Wand, managing director at Fresh Montgomery, said: “The statistics are incredibly encouraging and certainly correlate with anecdotal evidence coming from the show floor, which was buzzing with activity throughout the four days thanks to attractions such as the highly successful Bespoke Equipment Sourcing Scheme.”

The organisers also reported a 75% increase in orders placed during the show, estimating that on average almost £73,000 worth of business was agreed per person during the four days.

Hotelympia returns to ExCeL London 5th-8th March 2018. 

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PSC Team