Expected R3.5 Billion in South Africa from Events: NFS Technology Group Comment
Barbeque Downs, Gauteng -- (SBWire) -- 03/30/2015 --According to the recent Meetings Africa 2015 event hosted in Johannesburg from 23-25 February, the country is expected in the next five years, to hold approximately 177 international major events. This in turn offers the prospect of attracting over a quarter of a million delegates with an economic impact up to R3.5 billion. Such rich event prospects have excited comments from leading specialists in the field, NFS technology group.
However, not only are the predictions for the next five years optimistic, but there is also considerable growth anticipated in just the next two years. Within an expected revenue of R one billion in this period due to delegate visits, this suggests that events in the country are a strategic as well as a secure method of allowing for economic growth.
This expansion and acceleration in the business events sector could be seen as driven by a number of important factors. Economic expansion in key townships in the country as allowed for substantial growth, as well as improvements made to infrastructure, and crucially, investments in technology.
The Meetings Africa Event which shed light on these statistics is itself a prime example of successful event-hosting. With many more due, it can be anticipated that getting the management right behind these events is thus essential.
Leading experts in the field of events management through software, NFS technology group,. Were quick to comment.
"The predicted statistics show the real economic promise of events hosting in South Africa for 2015" a company spokesperson said "therefore it is important that venues and especially the hospitality industries involved within the hosting are as prepared as possible.
With such a high influx of delegate numbers due, we empathize that it can be difficult to appropriate issues venue and event co-ordination manually. That is why considering software as a solution is now key, as allows for a best-of-breed means of helping to organize an event – from room o-ordaining and scheduling, to seating plans."
About NFS Hospitality
NFS technology group are a leading South African provider of events management system solutions, with the innovative eSceduler software service.
For more information on their products and services, visit http://www.nfs.co.za
Company name: NFS Hospitality
Tel: 011 394 9554/6/7
Contact person: Deep
Address: Cube Workspace
134 River Road
Media Relations Contact
011 394 9554/6/7
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