The event market in Frankfurt am Main has been developing continuously for years and has again achieved record results: According to the current conference and convention statistics of the Frankfurt Convention Bureau, more than 4.6 million participants came to the city in 2017. This represents an increase of 1.7 percent compared to 2016. The number of events rose by 2.1 percent to more than 75,500 during the same period. Most of the events were one day. Here, an increase of 3.1 percent was recorded.
"More and more organizers deliberately choose the Main metropolis, the number of participants is increasing and there have never been so many venues. Our national and international commitment to increase Frankfurt's status as a congress city is successful, "said Lord Mayor Peter Feldmann. Thomas Feda, Managing Director of the Tourism + Congress GmbH Frankfurt am Main (TCF), added: "It is a very positive development that the segment of meetings and congresses is playing an increasingly important role in the overall tourism of the city of Frankfurt am Main. Around 20 percent of all overnight stays come from the conference business. "
As in the past, smaller meetings with up to 50 participants (59,431) were organized in the city. They increased by two percent and accounted for almost 80 percent of recorded events. With 11.3 per cent, the largest increase was recorded in the events of 501 to 1,000 participants (375). This increase is attributable to the good capacity utilization of the large congress hotels and the premises of the fair, in particular the popular Cape of Europe.
The top industries that hold their events in Frankfurt are financial services, consulting services, chemicals and pharmaceuticals. The majority of the organizers still came from Germany. In the international source markets, Great Britain remained in first place. The USA surged and finished second, followed by Switzerland. China stabilized as the most important source market for business travel from Asia and is one of the top 10 countries of origin. "Frankfurt is like no other German city on Chinese guests and their needs set," said Feda.
Overall, the good results from the MICE business bring important economic benefits to the city. Total event revenues totaled € 870 million, split between the hospitality, transportation, cultural, recreational and retail sectors. The expenses per congress participant averaged 189 euros.
"We assume that the numbers of events and participants will continue to increase," concluded Mayor Peter Feldmann. Highlights this year include the congress of the German Psychological Society on the campus of the university or the annual conference of the German Neuroradiological Society in the Cape of Europe. The new old town will attract even more conference guests. For example, the Stadthaus, the Römerhallen, the Evangelische Akademie and the Haus am Dom provide conference facilities directly in and around the new district.