Events and conference industry quivers as Coronavirus trims travel

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Australia's $30 billion events and conference industry is watching nervously as clients postpone or cancel their plans due to coronavirus.

The International Convention Centre in Sydney has 70 events booked this month, and more than 100 booked the month after."[There's] a great deal of concern being expressed by those clients," Mr Donaghy said."Only a relatively small number have taken the decision to postpone at this stage, but we do expect that to escalate," he said.

The economic fallout globally from the coronavirus will be far worse than SARS now that China is so critical to the global, and especially Australian, economy, writes Ian Verrender. "The support by both consumers and businesses will be vital in ensuring sustainable employment and operations for businesses in the visitor economy," he said in a statement.

"My read of it is that we're a month away from knowing whether it's worse than people are currently thinking, or a lot better," Mr Dransfield said.

 

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