Mayor Peter Feldmann was pleased to announce positive news about conferences and congresses in Frankfurt: “The positive development of Frankfurt am Main as a conference and congress location continues to gain momentum“, said the Lord Mayor. With an increase of 5.7 percent at almost 80,000 events, Frankfurt once again clearly exceeded the record result of the previous year.
The figures really sound very good: According to the latest Frankfurt conference and congress statistics, over five million participants came to the city in 2018. This corresponds to a more than respectable increase of 10.6 percent compared to 2017. As a result, conferences and congresses are playing an increasingly important role in the overall tourism of the city of Frankfurt. In the meantime, 20 percent of all overnight stays come from the conference business.
For Frankfurt, the volume of events means an average daily stream of around 13,940 visitors. The total turnover from these events rose in 2018 by 13.5 percent to 987.3 million euros, which also marks a new record. “The congress business is an important economic and image factor for our Main metropolis, the number of participants is rising and there have never been so many venues“, summed up the Lord Mayor. Thomas Feda, Managing Director of Tourismus+Congress GmbH Frankfurt (TCF) added: „Our national and international commitment to increasing Frankfurt's status as a congress city is successful. As in the past, smaller conferences with up to 50 participants (number: 60,926) were held in the city, as was the case in the past. They increased by 2.5 percent and accounted for 76.3 percent of the recorded events. In contrast, the major events with more than 1000 participants (number: 318) recorded the largest increase in five years.
The top industries holding their events in Frankfurt are financial services, consulting services, chemicals and pharmaceuticals. The majority of the organizers still came from Germany. In terms of international source markets, Great Britain continued to rank first. The USA gained ground and came in second, followed by Switzerland. China stabilized as the most important source market for business travel from Asia and for the first time is among the top five countries of origin. “Like no other German city, Frankfurt is attuned to Chinese guests and their needs“, explained Feda.
All in all, the good results from the MICE business bring important economic benefits for the city. The total turnover from events was 987.3 million euros, divided between the hospitality, transport, culture and leisure and retail sectors. The average expenditure per congress participant was 194 euros.
An end to this positive development for Frankfurt as a business location is not in sight: „The forecast says that the number of events and participants will continue to rise“, said Lord Mayor Feldmann. The congress EBTM (European Society of Blood and Marrow Transplantation) in March and the conference ap&m (airline purchasing & maintenance) in June are only two examples of particularly high-ranking events this year.
The new old town with attractive conference capacities around the quarter is proving to be more and more an attraction for even more conference guests.
The laying of the foundation stone for the construction of the new Terminal 3 at Frankfurt Airport and the planned expansion of the S-Bahn with a new stop at Gateway Gardens and better connections to the hotels there are also trend-setting events on the way to an even stronger demand in the meetings and congress segment.