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Business to mark > Blog > Why Businesses Can’t Wait for the Return of Large Events

Why Businesses Can’t Wait for the Return of Large Events

Admin
Last updated: 2021/05/17 at 4:58 AM
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The heavily documented global pandemic, as we all know by know, has caused society to hit the brakes for more than a year. During this time, apart from the odd case, large events have been non-existent.

That has meant that gatherings for sporting events, business conferences and concerts have all had to be put on the back-burner, with dates constantly postponed or canceled completely. Now, that the end appears to be in sight and the vaccine rollout looks to be finally getting on top of the virus, at least in the countries fortunate to have secured enough doses, large gathering look set to return in the not-too-distant future.

How Small Businesses Benefit from Large Events

Small businesses benefit from the tourism that large events bring to an area. For example, when there is a big football match taking place at London’s Wembley Stadium, that means there are 90,000 people (when sold-out) that will be in the area – many of which will be keen to kill some time and find somewhere to eat either before or after the event.

That means that local businesses can expect to be busy, welcoming in visitors that are either from the area or who are visiting for the first time. Without these large events, small businesses suffer as a consequence and it is the local community that is hit with job losses.

Restaurants and Hotels

No sector has been hit harder than hospitality, which has been forced to close almost entirely during the pandemic. Tourism, although likely to be limited to domestic travel for now, is set to restart – this time hopefully for good – which will bring more than a sigh of relief to restaurants and hotels.

When people book tickets for large events, there is a high chance that the next thing on the agenda is to find a hotel. As well as finding a room, seeking out somewhere to eat and drink is the next most important thing, so it’s only natural that restaurants and hotels will benefit highly from the return of large events.

Businesses in hospitality rely on tourism, and tourism relies heavily on hotels and restaurants thriving. It is a two-way street that, certainly right now, will not be forgotten or taken for granted.

Event Security Services

As well as local businesses, event security providers will also be set to see a huge boost in business now that large events are soon to be back on the menu. Stadiums and arenas packed with spectators require large-scale event security, consisting of stewards and other professionals that ensure the event goes off without a hitch, keeping everyone safe.

One such company this will benefit is Metropolitan Security, who has provided security for sporting events and concerts in London. They are certainly not alone, with numerous security providers having also felt the pinch and those that work for them – many security professionals work on a contract basis, meaning that many will not have had the security of a basic wage to fall back on, instead of being paid from event to event that they work.

Boost for the Economy

We cannot end this post without mentioning the huge boost for the economy that will come when large-scale events are back across the board. Jobs will be created, small businesses will see their profits jump and people will be inclined to go out and about to sample the local hospitality.

It has been a long road getting here, and we are by no means at the final destination, but we are getting closer as every day passes by.

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