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TEDSummit highlight of ‘record-breaking’ year for Edinburgh venue

Edinburgh International Conference Centre (EICC) bosses say they are ‘on track’ to achieve ‘record sales and operating profits’ in 2019 after hosting some of the world’s most high-profile conferences.

Meanwhile the venue, which hosted the coveted TEDSummit earlier this year, has calculated its ‘economic impact’ – the money it generates for the surrounding region – at around £55million.

It is also on on track to host a record number of events in 2019, with 217 being the latest estimate.

EICC chief executive Marshall Dallas said: “While more than ever in 2019, in the face of widespread business and political uncertainties and increasing international competition, the EICC has had to be commercially astute, it’s also part of our raison d’être to support local businesses across the city.  This is a really important factor to us because we would not be as successful a conference centre without the network of city partners who add significant value to our overall proposition.”

Hosting TEDSummit, which was the result of an extended bid process against a number of the world’s leading conference destinations, for what is considered a ‘trophy’ event in the global conference industry, was among the EICC’s operating highlights in 2019.

Dallas added: “The benefits of hosting TEDSummit this year go beyond tourism, positioning Edinburgh and Scotland on the world stage as a place to meet and to be inspired. Our vision, ‘to create an environment which inspires ideas that change the world’, is closely aligned to TED’s own vision of ‘Ideas Worth Spreading’, and it was these shared values, together with the collaborative spirit of our city partners which made a strong case for Edinburgh to host TEDSummit.”

One of the EICC’s recently formed partnerships is with Edinburgh BioQuarter, which saw an announcement in October regarding a tie-up aimed at bringing more UK and global medicine and life sciences conferences to Edinburgh while helping to build Edinburgh BioQuarter’s pipeline of innovative companies and expertise.