MCB reports robust growth across Victoria’s business events sector

People are walking on the banks of the Yarra River in front of the Melbourne Convention and Exhibition Centre

The Melbourne Convention Bureau (MCB) has announced strong results for the 2022/2023 financial year, reporting a 74 per cent increase in economic contribution from secured business events compared to the previous year.

Economic contribution for the state reached A$354 million (US$235 million) through the successful acquisition of 197 future events, anticipated to attract over 100,500 visitors and occupy over 196,000 room nights across Victoria. The annual results exceeded all targets.

People walking in front of the Melbourne Convention and Exhibition Centre

Speaking at the Annual General Meeting, MCB chief executive Julia Swanson, acknowledged the MCB team’s dedication and lauded their bold and innovative strategies that propelled the sector forward, overcoming challenges of recent years.

“Melbourne’s business events sector has not just rebounded; it is thriving, having transitioned into recovery faster than anticipated. We are now back on par with pre-covid levels, with further growth underway.

“This success is a testament to the collective effort and unwavering support from the Victorian Government, Visit Victoria, City of Melbourne, Melbourne Convention and Exhibition Centre, MCB Partners, and industry collaborators, emphasising the effectiveness of our ‘Team Melbourne’ approach in securing international business,” Swanson said.

Prestigious global association meetings secured for Victoria were highlighted with standout events like the World Chambers Congress 2025 and the inaugural APAC Offshore Wind and Green Hydrogen Summit 2023, as examples of the city’s ability to draw significant and influential events aligned to the state’s priority sectors.

Corporate meetings and incentives also played a crucial role, contributing A$77 million in economic impact for the state from the 58 groups secured. Notable among these is the Amway China Leadership Seminar 2025, expected to bring over 10,000 delegates from China to Melbourne. As one of the largest delegations from China to visit Melbourne, this mega incentive group is a major coup for the state.

Large-scale conventions, that Melbourne is renowned for, also made a strong return, hosting events like the Rotary International Convention 2023. Throughout the year, a total of 187 events were held, injecting A$385 million into Victoria’s visitor economy.

With the celebration of the Asia-Pacific Incentives & Meetings Event’s (AIME) 30th anniversary, Swanson emphasised the enduring importance of the event not just for MCB as owners of AIME, but for Melbourne as the host city and its impact on the global business events industry.

Meanwhile, MCB Board appointments include Natalie O’Brien, chief executive of Melbourne Convention & Exhibition Centre and Janette Kendall, an experienced company director with more than 25 years of board experience across public, private and not-for-profit organisations spanning a diverse range of industries.

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