The business meeting and events sector has been completely knocked off of its feet and decimated by the impacts of COVID-19. Huge financial losses, which are largely uncovered by insurance, have been endured by the industry, and while events now being permitted for up to 30 people in COVID-Secure venues, we are yet to see the green shoots of recovery.
As the furlough scheme comes to an end before many venues are able to reopen in October, and most estimate that it could take at least 12-18 months, if not longer, for the sector to recover to pre-COVID levels, findings illustrate that government intervention is urgently required. Today the MIA can share the results of their venue survey, HERE