International travel and global business events have gradually but surely returned post the shutdown caused by the COVID-19 pandemic. Business executives are once again traveling across the globe to attend corporate events and exhibitions to achieve business objectives while simultaneously connecting with other professionals. The international business event market is extensive and growing each year, showcasing its potential.
Hosting an international business event requires a lot of planning, and the most important aspect of it all is the venue. There are certain destinations in the world that host a multitude of business events showing the importance these places hold for corporations. According to recent stats, the United States was the leading host country for such events, with more than 32,000 conferences and trade shows held between May 2022 and April 2023. The UK was second with more than 6,000 events, followed by Germany, Canada, Australia, China, India, Japan, France, and Italy.
Let’s take a look a more detailed look at the best places to hold an international business event in 2023:
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Singapore
The third largest financial hub of the world, Singapore is a signature destination for hosting business events, especially if your company is eyeing Asian expansion. The country is the hub for global commerce, but it is known for much more than that. You won’t struggle with looking for an event space Singapore has modern infrastructure to support all kinds of travel, including both business and pleasure. The country’s state-of-the-art facilities, along with a collection of hospitality and entertainment options, allow you to interact with, empower and engage various shareholders in the most innovative manner possible. Singapore is also a central hub for air travel, with close to half of the world’s population being in a seven-hour flight radius of the country.
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United States of America
By far the biggest economy in the world, the US is a no-brainer when it comes to hosting an international business event. The fact that most companies have the same idea is supported by the fact that the country alone hosted more events last year than the remaining 9 top nations combined. Home to Silicon Valley, the global center for innovation and high-end technology, the US is the ideal place for your teams to meet for either an internal conference or the thousands of trade shows taking place there throughout the year. From Los Angeles and New York, both hustling metropolitan cities, to Nashville and Austin, there are states with a conducive environment for any business in any industry.
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United Kingdom
Events and conferences can be held in the United Kingdom with ease. Everyone can find something to enjoy in the UK because of its rich history, culture, and natural beauty. The UK has many alternatives for an enjoyable and remarkable business event or conference, from the energetic cities of London and Manchester to the breathtaking coastline of Wales and Scotland. A wide variety of locations are available in the UK, from stately mansions and castles to contemporary conference centers and meeting spaces. Additionally, you can hire top-notch catering and all-around service providers, as well as a variety of lodging choices to suit any budget. The UK is a fantastic choice for your international business event or convention due to its handy position in the center of Europe and strong transit connections.
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Germany
Germany is regarded as one of the most desirable business meetings and event destinations around the world because of its dynamic and diversified culture. Germany is an excellent location to organize events of all sizes, from significant international corporate conferences to informal local networking gatherings. It offers a wide range of locations and top-notch conference facilities. Furthermore, Germany is home to several of the most creative and knowledgeable event and conference specialists, ensuring the success of your event. Germany is certain to have something to offer, whether you are organizing a corporate, educational, or social event.
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Canada
Part of the G20 cohort, Canada is a nation with one of the world’s most competitive insurance and finance industries. The local banking system is ranked as the second best amongst G20 countries, while three of the fifteen leading insurance companies globally are Canadian. And it’s not just finance and insurance; the country is also making developmental strides in numerous other sectors. Therefore, it is one of the most ideal destinations for business events. There is no shortage of leisure activities in the country either, with scenic destinations and fascinating man-made attractions to keep professionals entertained during their visit.
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China
In recent years, China has emerged as a top venue for international conferences and events. There are many different events to choose from, ranging in size from major gatherings like the monumental Shanghai World Expo to more intimate academic conferences. Beijing, Chengdu, Shanghai, Shenzhen, and Guangzhou are some of the cities in China that are most frequently used for events and conferences. Every city has its own locations, points of interest, and events that might help your event succeed. In addition, the government of Chinese has generously subsidized conferences and other events that are conducted there. Because of this, China has become a popular choice for event planners all around the world.
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India
One of the fastest-emerging global economic powers is India. The South Asian nation is the most populous country in the world, with over 1.4258 billion people, which is 17.5% of the world’s total population. In recent years, India has become a technological and innovation power hub, thanks to government policies and global conglomerates’ interest in setting up shops in the country. Not only is the consumer market huge, but the potential for small and large businesses alike is unlimited. India is also home to some incredible tourist destinations like the Taj Mahal in Agra and the cities of Mumbai and Delhi, the capital city. It is an incredible place for business events and meetings.
Conclusion
International business conferences and events are returning at a rapid pace. With a transformed global dynamic, the destinations for these events have changed, especially after the COVID-19 pandemic. India, for instance, has recently become a global power, with major corporations rushing to explore the potential in the country. Thanks to widespread digitalization, Singapore also presents endless possibilities, and modern businesses understand this. If you want to explore the best destinations for your next international event, the countries listed above are ideal.