While the message coming out of the Home Office is that whilst the virus is contagious, it is only considered to be lethal to people with existing respiratory problems and old age.
Nevertheless, in the last week alone, France, Italy and Switzerland have banned public and private gatherings to prevent and delay the spread. The ban is expected to furthermore impact the events industry and the global economy as markets continue to slow down.
Governor for The Bank of England, Mark Carney, revealed last week that the British economy is “already seeing the impact.”
The Event Marketing Association announced on Thursday that many of their members have cancelled international events, or banned people from traveling to events either from or to areas where the Coronavirus is prevalent, and asked people to be ‘fully aware of their actions, not to over expose themselves or put others at potential risk.’
As businesses scramble to continue as normal, there has been a significant increase in demand for virtual events. Events software provider vFairs have witnessed a 1150% increase in enquiries in the last two weeks alone.
The Ted (Technology, Entertainment and Design) conference announced the event would not be going ahead as planned and asked its attendees to vote on whether to postpone or hold a virtual event.
Car manufacturers due to showcase and launch new models at the The Geneva Motor Show this month have turned to virtual events and other creative platforms in efforts to continue business as usual. BMW, Mercedes-Benz, McLaren, Hyundai, Honda and Bentley are just some of the manufacturers announcing details of virtual and digital alternatives coming up over the next few weeks.
Google’s Cloud Next conference, which was set to take place in San Francisco’s Moscone Center April 6-8 has also been moved online. The gathering of over 30,000 attendees, most spending over $1,000 a ticket, has been replaced with a free to view virtual event which will be streamed online.
The company said, “Innovation is in Google’s DNA and we are leveraging this strength to bring you an immersive and inspiring event this year without the risk of travel.”
The recent cancelled and postponed events are raising concerns for other major events and conferences due to commence later in the year, and how this will continue to impact the global economy.
Despite worldwide efforts to contain the virus, hotspots are continuing to emerge, and the number of cases is rising daily. While experts can’t say for certain how and if this virus will end, it remains a grave concern for businesses everywhere.
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Unlock the hottest talent in your area
On May 7th, Courvent Automotive will host the Automotive Job Fair. To discover the best candidates quickly and efficiently without even leaving the office, why not book a demo to discover how the technology provides fresh opportunities to connect with jobseekers and how Courvent Automotive attracts qualified professionals to their job fairs.
Book a demo now by calling 01273 837916 or emailing email@example.com
About Courvent Automotive
Courvent Automotive strives to connect employers and jobseekers in a hassle free and cost effective environment. With a wide network of industry partners including InAutomotive, AM Online and the ABP Club. Courvent Automotive specialises in connectivity through innovation.
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