US corporates to flock to UK after fall in pound, says venue group

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London is a go-to destination for US corporates, says Green & Fortune London is a go-to destination for US corporates, says Green & Fortune Photo Credit: image supplied

The fall in value of the pound is set to cause a surge in US event planners heading to London, according to boutique hospitality company Green & Fortune.  

The company is gearing up for an upturn in US events as the dollar exchange rate strengthens against the pound. The pound has seen a 22 per cent falloff in value from just six months ago and has spurred a focus for US corporates to host their events in the UK and Europe.    

Rebecca Harris, business development director at Green & Fortune, said: “London is well and truly back on the map as an event destination: the world marvelled at the recent spectacle of the Queen’s funeral which highlighted London’s ability to stage incredibly high-profile events and the exchange rate is without doubt one of the biggest contributors to why the capital is again the go to destination.

“We’re excited that many of our Stateside clients will be coming back earlier than anticipated and we can’t wait to show off our new location, Rose Court Events, to many customers who haven’t been to the UK recently.”  

The UK has also just announced the reintroduction of a tax-free shopping scheme for international visitors to the United Kingdom giving London an even greater pull for event organisers and the b-leisure market too.  

Green & Fortune exhibited at this year’s IMEX America with London & Partners and reported high demand for its locations in Kings Cross, the South Bank and in the heart of Westminster, such as Kings Place, Sea Containers Events and Rose Court Events.    

Founded in 2008, Green & Fortune has hosted some of the world’s biggest brands and content providers such as The BBC, Wired, and C21 Media.

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