The result eclipses the previous annual record of
US$219 million set in 2002/03 and means more
than 250,000 extra delegates will visit Sydney
between now and 2014.
Announcing the results, SCVB managing director
Jon Hutchison said the bureau had won bids for
42 business events during the past 12 months, up
from 35 the previous year.
He said: "Sydney remains Australia's leading
city for business events and one of the world's most desirable locations for conferences.
"This record result highlights the city's continuing
appeal at an international level."
Hutchison said the SCVB had achieved a success
rate of 72 per cent in bidding for events during
the 2005/06 period.
He added that the SCVB's results included the Rotary International Convention, which will be
held in Sydney in 2014.
The event will bring 22,000 delegates to the
city from across the globe.
Sydney events bring in US$281m revenue
SYDNEY The Sydney Convention and Visitors Bureau has announced a record annual result, securing almost US$281 million worth of conferences and other events for New South Wales in 2005/06.