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Travel, Tourism & Hospitality

Adnec delivers economic impact of $1.3bn in 2019
March 2020 534
Abu Dhabi National Exhibitions Company (Adnec) has announced that the value of its direct and indirect impact on the Abu Dhabi economy in 2019 hit Dh4.9 billion ($1.33 billion) - an increase of 46 per cent from 2018. 
This takes the total value of its contribution to the local economy since its inception in 2005 to Dh36.9 billion ($10 billion).
ADNEC’s strong 2019 results followed a 15.8 per cent growth in the number of visitors from across the globe during 2019 which came to 2.3 million visitors. This took the total visitor count at its venues to 19.8 million since inception in 2005.
For 2019, events hosted by Abu Dhabi National Exhibition Centre and Al Ain Convention Centre were 496. This brings the total number of events hosted by ADNEC’s venues since its inception 15 years ago to 3,887 events.
In 2019, Adnec venues collectively hosted 11 new exhibitions, an increase of 22.2 per cent compared to 2018, and Adnec hosted 60 global and local exhibitions, representing a 5.2 per cent increase over 2018.
Adnec hosted last year 28 international conferences, of which 10 were held for the first time in the Middle East. Adnec also won eight bids for hosting major international conferences in comparison to five bids won in 2018, registering 60 per cent growth.
The company also revealed that it supported the creation of  27,543 job opportunities in related sectors, a 42.36 per cent increase, and helped generate 764,161 guest nights for the hospitality sector in the emirate, indicating a 61.4 per cent increase from 2018.
In the past year, 72 per cent of the total workforce were Emiratis, while Emiratisation of senior management positions reached 87 per cent.
The company achieved the highest customer satisfaction rating in the global events and exhibitions industry at 95.3 per cent, up 0.6 per cent from 2018, and employee happiness reached 85 per cent, up 3.65 per cent from 2018.
ExCeL London, the wholly owned subsidiary of Adnec in the UK capital, put on 431 events, which was up 4.61 per cent from 2018, and welcomed 4 million visitors up 73.9 per cent from last year.
Humaid Matar Al Dhaheri, managing director and group CEO of Adnec, said: “2019 was an exemplary year for the Abu Dhabi National Exhibitions Company as we achieved a number of major successes and milestones, cementing our positioning at the forefront of the business tourism industry. Adnec continues to align with the Abu Dhabi 2030 Plan and Abu Dhabi Economic Vision 2030 to support the promotion of Abu Dhabi as the region’s pioneering business tourism hub through hosting leading international exhibitions and conferences.”
He added: “2019 was a record-breaking year for Adnec group, with exceptional results achieved across the board along with important growth in events, exhibitions and conferences. Year on year, we have strengthened our efforts to promote the UAE capital as a world-class destination and a leader in business tourism. Our results are a testament of our dedicated and committed teams who strive to elevate the company’s excellence at both local and international levels.”
“We look forward to continuing our efforts to solidify Abu Dhabi’s leading status as the business tourism capital of the region and to maintain our reputation for offering organisers, exhibitors and delegations world class facilities and services to ensure the continued success of their events hosted at our venues,” he said.
2019 also saw ADNEC receive important accolades, winning both the International Association of Convention Centres’ (AIPC) Innovation Award for its innovative meeting space, the Hive, and the EFQM Innovation Challenge Award on the side-lines of the forum held in the Finnish capital, Helsinki, in two categories; ‘Innovation in Customer Experience’ and ‘Innovation in the Circular Economy’. These awards further showcase the company’s proven efforts in excellence and innovation and highlight important work around sustainable development and innovative projects. - TradeArabia News Service

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