Convention Centres Management: Benefits and Stakeholders Report

This report examines the management of convention centers, focusing on the advantages they gain from hosting their own events and family-oriented events. It explores the specific benefits such as increased membership, market engagement, knowledge acquisition, economic growth, and employee loyalty. The report identifies various stakeholders involved in events and their roles, including internal and external stakeholders like government, business firms, and investors. Additionally, it discusses suitable services and complimentary activities beyond venue space, emphasizing the importance of catering and other amenities to enhance the event experience. The conclusion highlights the significance of proper planning, targeting the right audience, and the positive impact of events on community and economic stability. The report uses academic sources to support its findings.

Running head: Convention Centres Management 1
Convention Centres Management
(Author’s name)
(Institutional Affiliation)

Convention Centres Management 2
What specific benefits would convention centers gain from hosting their own in house
events?
Convention centers are growing so fast not only in Australia but also in other countries all
over the world, it is a more good way to enhance business tourism and augments association
with other important sub-segments. Convention centers would gain a different kind of benefits
when they decide to hold their own events, firstly, the convention centers would get more
increased membership, following the successful turnover during an event, it does market the
products and moreover, there is engagement between people which makes it a historical event.
Moreover, the convention centers will be able to gain more knowledge and experience which
will increase their decisions which will eventually increase more opportunities and therefore
growth in business. There is growth in the economy because these events perform better and
bring more revenues which lead to growth in business tourist nights and boosts industry
demand. More so, the convention centers will gain loyalty from employees because the
environment is good for working and the management is full of professionalism (Manning,
2016).
What specific benefits would convention centers gain from hosting family oriented events
such as the one in the case study, Lego?
Every person wants to have fun away from work, school and other engagements, most
people view it as a healthy way to relieve our minds from work. Convention centers would gain
more benefits from family-oriented events because such events always have increased turn out
levels, which creates a platform to market products to different kind of people. Family oriented
events attract parents with their families who might be business people who can provide
positive energy to the event and therefore, this would be a way to understand in general what
the market wants and which kind of products they can put in the market. Getting to understand
your market better allows businesses to improve or increase their products at a certain level
(Scott, 2017). Convention centers will achieve growth in market share as more people will want
to engage in the business. Moreover, convention centers will be able to gain more funds which
will enhance development in technology and different structures such the products, playing
grounds, employment sector and increase in the playing grounds (Benton, 2016).

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Who are the various stakeholders and their roles in this event?
In any business event, there are always stakeholders who are reason for an effective
business plan and are the one provide resources for any business to run. We have internal
stakeholders and external stakeholders in events who have the knowledge of the main aim of
the proposed projects. The aim of these stakeholders in such an event is to help the business to
come up with smart ideas and moreover calculate the ROI for your event. The external
stakeholders can include the government, business firms, and other investors who don’t
necessarily work with the company but the outcomes of the business can affect them either
negatively or positively. The stakeholders can help make effective decisions in the company.
Moreover, they provide finance to different projects such as the organization of events. The
stakeholders also market the events to different people to allow growth of the business
through the high outcome of people. Stakeholders are an important aspect to any business
because they are the ones who bring positive energy to events. For every business to be
successful it needs the support of stakeholders who can easily reach suppliers and the
community to ensure long term success of the business (Chan, 2016).
Apart from the venue space, what other services and complimentary activities
would be suitable for such event?
A family-oriented event does have kids and family means coming together and a more
suitable way to enhance communism. Food is always a priority, in any event, it does entice
people and it is also a form of tourism attraction. Catering would be a place to put in more
focus, because when providing a better catering service will mean enough to the people,
therefore, they will be able to listen to the project at hand (Sanggaran, 2015). Also, catering
services will allow people to stay longer in an event because they will have a full stomach to
continue with the event until the end. Moreover, there should be enough food for the people
because they feel welcomed there services should of high quality to create a satisfactory
environment to allow them to understand the seriousness of the event. Catering is always the
main service that organizers of an event should consider putting more time in because if the
invited guests are served we the probability of them responding and having positive thoughts is
high (Fleay, 2015).

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Conclusion
For every event to be successful it needs good planning and targeting right people who
can easily ensure high profits. Events allow communism and create a good relationship
between people in a country. The Economy of a state also becomes stable because these
events are always business oriented and the government has to receive revenue which
enhances stability in the economy. Convention centers have more benefits when they hold
their own events, and the main aim is to target the correct audience who will support the main
aim of the event.

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References
Fleay, C. (2015). The limitations of monitoring immigration detention in Australia. Australian
Journal of Human Rights, 21(1), 21-45.
Sanggaran, J. P., & Zion, D. (2015). Call for Australia's ratification of the Optional Protocol to the
Convention against Torture. The Medical Journal of Australia, 202(11), 561-562.
Gibson-Pope, C. J., & BA, B. (2017). The Role of Neighborhood Centres in Supporting New
Arrivals to Integrate Into Life in South Australia.
Chan, J. (2016). Challenges to realizing the Convention on the Rights of Persons with Disabilities
(CRPD) in Australia for people with intellectual disability and behaviors of concern.
Psychiatry, Psychology and Law, 23(2), 207-214.
Scott, M., Jacob, A., Hendrie, D., Parsons, R., Girdler, S., Falkmer, T., & Falkmer, M. (2017).
Employers’ perception of the costs and the benefits of hiring individuals with autism
spectrum disorder in open employment in Australia. PloS one, 12(5), e0177607.
Benton, N. (2016). Bringing back entertainment. Australasian Leisure Management, (118), 40.
Manning, C. E., Williams, K., O'Brien, G., & Sutherland, M. (2016). Use of Goal Attainment
Scaling in the evaluation of the Kids Together inclusion program in early childhood
learning environments.