The Brussels lockdown has not only shown the disruptive force of the thread of terrorism, it is estimated to have cost €51.7 million per day, counting both the outlay on security and lost business income. How can association meeting organisers deal with such a thread?
On 26 January, the Echo posted an article stating that the Brussels lockdown in late November 2015 cost the Brussels hotel industry EUR 25 Million. This is in line with the numbers of a survey conducted by BECI at the request of the Brussels government: Between 14 and 24 December – half of the 1,250 businesses in Brussels were questioned reported a significant loss of turnover (+ 20%).Unsurprisingly are among the sectors most affected the hotel industry (81% of respondents expect a decline in sales of over 20% compared to the same period a year earlier); cafes and restaurants (72%); tourism (64%); shops (57 to 66% depending on type of business) and culture (46%).
With the lockdown causing major disruptions to the international institutions and organizations headquartered in the city, such as NATO and the European Union, meeting organisers looking at Brussels as a destination will have to find answers to the question: how to prepare, react and respond to a similar scenario in the future.
ESAE is inviting its members to discuss possible risk assessment and risk management measures for the sector in one of its upcoming peer2peer sessions.