Night Time Industries Association’s Post

Events Like Oasis Are Vital to the UK Economy: Estimated to Generate £4 for Every £1 Spent Says NTIA The Night Time Industries Association (NTIA) underscores the critical role that events and festivals play in fuelling the UK economy, delivering a substantial return on investment and enhancing the vibrancy of local communities. As highlighted by NTIA CEO Michael Kill, events like Oasis, which spark excitement, nostalgia, and community spirit, are more than just entertainment—they are economic powerhouses. “Events & Festivals are vital to the recovery of our towns and cities, estimated to generate an impressive return of over £4 for every £1 spent," states Michael Kill. "Events like Oasis, TRNSMT, On The Beach with Carl Cox, Beautiful Days, Reading and Glastonbury and many more don't just bring people together; they drive economic recovery, supporting local businesses, creating jobs, and revitalising our communities. We need to champion these events and encourage more to happen across the UK." Kill emphasised the necessity of continuing to support and expand the events and festival sector, recognising its immense impact on the UK’s economic stability. "The energy and excitement these events bring are irreplaceable, and their contribution to the economy is undeniable. They also help inspire the next generation of artists who could be tomorrow's headliners. We need more of these moments of celebration to secure a prosperous future for our towns and cities." The NTIA calls on policymakers, local authorities, and communities to rally behind the events sector, ensuring they continue to thrive and bolster the UK economy. Good luck everyone today!

Events Like Oasis Are Vital to the UK Economy: Estimated to Generate £4 for Every £1 Spent Says NTIA The Night Time Industries Association (NTIA) underscores the critical role that events and festivals play in fuelling the UK economy, delivering a substantial return on investment and enhancing the vibrancy of local communities. As highlighted by NTIA CEO Michael Kill, events like Oasis, which spark excitement, nostalgia, and community spirit, are more than just entertainment—they are economic powerhouses. “Events & Festivals are vital to the recovery of our towns and cities, estimated to generate an impressive return of over £4 for every £1 spent," states Michael Kill. "Events like Oasis, TRNSMT, On The Beach with Carl Cox, Beautiful Days, Reading and Glastonbury and many more don't just bring people together; they drive economic recovery, supporting local businesses, creating jobs, and revitalising our communities. We need to champion these events and encourage more to happen across the UK." Kill emphasised the necessity of continuing to support and expand the events and festival sector, recognising its immense impact on the UK’s economic stability. "The energy and excitement these events bring are irreplaceable, and their contribution to the economy is undeniable. They also help inspire the next generation of artists who could be tomorrow's headliners. We need more of these moments of celebration to secure a prosperous future for our towns and cities." The NTIA calls on policymakers, local authorities, and communities to rally behind the events sector, ensuring they continue to thrive and bolster the UK economy. Good luck everyone today!

The UK Festival Industry is being decimated. Part of our cultural fabric is being unwoven in front of our very eyes and the UK government is doing nothing about it. It is not good enough. We know that festivals, and more widely events, are considered by some to be luxuries in a cost-conscious climate. The reality though is that the artistic, cultural and societal benefits of our work are wide-ranging. The costs to deliver live events have exploded over the past 5 years. Conscious of the wider financial climate, promoters have done the very opposite with modest price increases for almost all events. Increasing costs and decreasing revenues are the perfect storm for the #eventsindustry. We have seen first hand the positive impact of financial support and rate relief to the UK Film and Television industry. Our live events are world leading hotbeds of culture and talent, given the same support we can help drive economic and cultural benefits for all. Over the past few weeks, the HM Treasury has repeatedly ignored requests of hospitality, events and the wider tourism sector to use some of the economic levers at its disposal. Rishi Sunak, Jeremy Hunt, Lucy Frazer (Department for Culture, Media and Sport) - How many of our UK festivals and events need to disappear before you will listen? Thank you to the Association of Independent Festivals and all those people working behind the scenes in our wonderful sector for continuing to raise the plight of the sector. Keep at it! BBC News ITV News The Associated Press

Happy 1st March! The Miss London Concierge team have had another busy month of visiting fabulous venues, hosting networking events and attending industry exhibitions. We absolutely love connecting with our clients, venues and industry peers to ensure we are always updating our knowledge and offering the very best service to our clients. Have a read of our blog below to see what we got up 😊 #misslondonconcierge #venuefinders #blog #febroundup #venueexperts

What comes to mind when you think of of event planning in Nashville... Glamorous venues, perfect schedules, and the beauty of Music City shining through? Well let me tell you—there’s so much more happening behind the curtain! Behind the Scenes: Curating Unforgettable Nashville Experiences Planning an event that feels personal and seamless takes real effort. The truth is, it’s a balancing act of anticipation and creativity. > Guess Who: It always starts with understanding who the event is for. Whether it’s a corporate group or a 50th birthday celebration, I spend time getting to know the personalities behind the event. Are they laid-back or adventurous? Do they want local hotspots or hidden gems? These questions lead me to venues like The Twelve Thirty Club or more intimate experiences at The Patterson House places that match the vibe perfectly. > TikTok: The next hurdle? Timing. Event planning isn’t just about picking the right day; it’s about making sure everything flows without guests feeling rushed. Imagine setting up a morning tour of Ryman Auditorium and then coordinating transport seamlessly to a lunch in the 12South Neighborhood—all while ensuring there’s enough breathing room to really enjoy each moment. This is where the magic happens, and trust me, it’s no small feat! > SURPRISE!: And then, of course, there are the surprises—those things no one sees coming. A delayed delivery, a last-minute guest request, or the weather turning right when the rooftop dinner is set to begin! These moments? They’re the true test. I stay ready for whatever curveballs come my way because those “behind the scenes” fixes are what keep the show going without a hitch. > Curtain Call: What people do see is the result: a flawless day full of special moments that feel custom-made. That’s why I love what I do. When clients rave about how their event “felt like them” or how they didn’t have to worry about a thing—that’s when I know I’ve done my job right. In the end, curating the perfect Nashville experience is equal parts precision and heart. It’s knowing when to follow the script and when to improvise, making sure every detail reflects the people it’s meant for. Let me take care of the details so you can focus on making memories. #EventPlanning #NashvilleEvents #BehindTheScenes #CuratedExperiences #MusicCityMagic

Where were all the May Day events? Association of Independent Festivals is predicting that 100 of the nations festivals will cease this year - which is a huge increase on the 36 that ceased in 2023. Traditionally this past weekend has been filled with Fetes and local Feativals. However the Hospitality and Events sector is still struggling to recover from Covid and continues to battle with rising prices, whilst cash strapped consumers are facing tickets prices at an all time high. I’m currently working with a long standing business in the events industry who is operating at 60% of its pre pandemic revenue levels, whilst having to pay back CBILS and other loans sourced to plug the cash hole. Whilst it is inevitable the Company cannot trade out of its current situation, there are a number of contributing issues that need to be restructured to ensure the business has long term viablity.

When you run a festival yourself or with a tiny team you can feel like you need to know everything- and to be able to do everything too, everything you want to do, like talent booking, concept development, supplier and venue liaison, audience development and selling tickets, safety and risk management to things you may not be as excited to do like budgets and cashflows, booking accommodation and travel, there are so many different elements that you need to learn to do and some which can be totally out of your comfort zone. As you grow and scale, bringing in additional people to support the running of the festival and take on different roles to free you up to concentrate on things you prefer to do is exactly what you want to be able to do but it can be tough when you are operating on tight margins as can so often be the case. When I started working on my festival there were two of us and while my main focus was sponsorship, I did so many other things like sorting hotels and travel, artist liaison, volunteer management and I was really glad as we were able to scale up and I could give the logistical things that weren’t my strongest skills to people in the team who love to do them. In reality, scaling to employ a team member who can share the load and help you get a bit of breathing space to not only see the longer term vision but be able to enjoy time with family and friends and have more freedom, is in a lot of festivals reach, and it’s totally not their fault that they have not been able to do this when they’re focused on so many spinning plates. If you want to stop operating on tight margins and tough break evens with your festival or event discover how to add new income streams to your business, raise £20k+ through sponsorship and ensure the sustainability of your event DM me to find out more

Building Strong Partnerships and Why Timely Payments Matter in the Venue Sourcing World. In the lively world of venue sourcing, it's all about the teamwork between agencies like us at 2inspire Events and the fantastic venues we partner with. From the coziest independent spots to the grandest global hotel chains, this partnership is key to pulling off events that everyone remembers. But, there's a little hiccup we've noticed – not all venues are on the same page when it comes to paying their commission bills on time. Considering the time, money, and effort that are put into nurturing these relationships and promoting these places, from educational trips to fancy dinners, it seems a bit off that some are slow to settle up. It makes us wonder, is it really worth keeping those slow-payers on our go-to list? Getting paid on time isn't just about keeping a business like our’s bank balance healthy; it's about respect and valuing the hard work everyone puts in. It's kind of like a thank you note in the form of a bank transfer. When payments lag, it can throw a wrench in the works of what could be a smooth-running partnership. So, how can venues get better at this? It's pretty straightforward: 1. Talk it out: Let's agree on payment terms from the get-go and make sure everyone's on the same page. 2. Stick to the plan: If you say you'll pay in 30 days, let's see that money in 30 days. It's all about trust. 3. Keep us in the loop: Things happen, we get it. But a quick heads-up goes a long way if there's going to be a delay. 4. Show some love: A prompt payment says "we appreciate you" louder than words. 5. Feedback is your friend: Let's have a way to chat about what's working and what's not in the payment process. In the end, it's all about making these partnerships stronger, more productive, and yes, more enjoyable for everyone involved. By getting serious about making payments promptly, venues not only show they're reliable partners but also set the stage for a thriving relationship that can bring about even more amazing events. Let's make it happen!

Discover how major events, including Taylor Swift "Eras Tour" concerts, significantly impact short-term accommodation demand. Our latest blog provides insight into the economic effects, increased property searches, and strategies for building owners to profit from this surge. Learn techniques for optimising your listings and capitalising on event-driven demand.