Five years after launching London's International Convention Centre, ExCeL has announced a doubling of its annual conference and events revenues. In addition, an independent study concluded that the investment in the ICC had delivered five billion pounds in economic impact to London. According to ExCel, that number does not include the role the venue played during the 2012 Olympics.
"Opening the ICC at ExCeL was the right decision not only for us but for London," Executive Director James Rees said. "In 2008, with the endorsement of the Mayor of London Boris Johnson, we committed to build and open London’s first truly International Convention Centre. At the time London was 19th in the ICCA rankings but we strongly recognised the economic benefit that hosting more ICCA-rated events and large scale corporate conventions would bring to the Capital. With the support of our owners ADNEC the new £165 million ICC was opened in May 2010 and allowed London to bid for and host major international congresses and events for the first time."
2015 was ExCeL's busiest year for conferences and events. London is currently 6th in the ICCA rankings.