The Association of Australian Convention Bureaux (AACB) has called on the government for more support, after reporting a significant slip in the number of successful bids for 2012.
The latest AACB Performance Report showed that the bureau secured 784 bids for the 2011/12 financial year, a significant increase on the previous year.
Approximately 64% of all national bids and 78% of international tenders were successful. But the number of unsuccessful bids also increased, with 208 business events lost to other countries.
Representing a $412 million loss in potential expenditure, AACB executive director Andrew Hiebl looked to the government for more support.
“The government can play a part to help us increase our bid wins,” he said at a media briefing on Tuesday. “We need to lift our game.”
Heibl was unable to confirm why business had slipped through the bureau’s fingers, but pointed to increasing competition from Asia Pacific as a possibility.
“We’re collecting data to determine why we lost these events, but it could be that the global economy and Australian dollar is having an impact. Competition in the Asia Pacific is also a possibility, where the government is putting serious money on the table,” he said.
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