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EICC posts record-breaking £10m turnover in 2016

Venue hosts record event and delegate numbers as it moves into profitability for first time since 2013 expansion

Pictured: EICC chief executive Marshall Dallas

The Edinburgh International Conference Centre (EICC) posted record turnover in 2016 and moved into profitability for the first time since the £35 million expansion of the EICC was completed four years ago.

And 2016 saw the venue host its highest levels of events and delegates in its 21-year history.

The venue’s turnover of more than £10m in 2016 is up from £9m in 2015, while its operating profit of £572k is up from an operating loss of £156k the previous year. In addition, the EICC achieved its greatest economic impact over a 12 month period at £51.6m, compared to £45.8m in 2015.

Delegate numbers hit 91,000 in 2016, up from 71,000 in 2015, with the number of events up to 200 from 145 in 2015. This was in line with increased international association business during the year and a greater diversity of events taking place at the EICC, including during the Edinburgh Festivals in August. 

Marshall Dallas, chief executive of the EICC, said: “While the team and I are satisfied with the numbers we have produced for 2016, including moving the business into profitability, perhaps our greatest achievement is our increasing reputation as one of the most accessible and environmentally sound conference centres worldwide, a growing reputation that has helped secure a significant upswing in international association and corporate business. In 2017, we will continue to invest in our people and technology to keep us ahead of the curve.”

Last year saw the venue’s accessibility measures enhanced ahead of the Rehabilitation International World Congress in October, where 1,000 international delegates, of which 50 were wheelchair users and 200 had various disabilities, met to discuss and advocate empowerment and inclusion for disabled people across the world. Dallas and his team have set their sights on becoming one of the most socially responsible conference centres worldwide.  

Roy O’Shaughnessy, CEO of Shaw Trust, which hosted the Rehabilitation International World Congress, said: “The venue’s recent investment in facilities to meet the requirements of people with a variety of disabilities showcases the positive impact of changes that organisations can make to become significantly more accessible and accommodating to disabled people.”

The venue also hosted the actor Leonardo DiCaprio as guest of honour and keynote speaker at the Scottish Business Awards in November, where he addressed 2,000 dinner guests

Councillor Gavin Barrie, economy convener for the City of Edinburgh Council, said: “The successes of the EICC last year demonstrate the continuing significant financial benefit that the centre brings to the capital. The council’s sale of the Atria office development has helped financially with their expansion plans so congratulations to Marshall Dallas and his team for their hard work in attracting even more businesses and organisations from across the globe to this fantastic venue. The future continues to look bright with more major events planned including the prestigious EUROCITIES Conference in 2018.”

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