ACCC RULES ON BESYD’S TERMS

Business Events News - - Front Page -

THE Aus­tralian Com­pe­ti­tion and Con­sumer Com­mis­sion (ACCC) has granted au­tho­ri­sa­tion in a draft de­ter­mi­na­tion for 20 years to al­low Busi­ness Events Syd­ney mem­ber ho­tels to pro­vide a com­mon set of min­i­mum terms to event or­gan­is­ers in a bid to lure more int’l events to Syd­ney.

The deal cov­ers largescale events with more than 2,000 in­ter­na­tional del­e­gates ex­pect­ing to re­sult in book­ings of ten or more of the mem­bers’ ho­tels for ac­com­mo­da­tion.

Com­mon ho­tel terms are a ma­jor draw­card when it comes to se­lect­ing a host city.

Swift Se­nior Re­la­tion­ship Manager David Bridge­man, who man­ages the 7,500 pax global fi­nan­cial ser­vices congress Si­bos, wrote in his sub­mis­sion that “a city that is able to pro­vide the ben­e­fits will have a clear com­pet­i­tive ad­van­tage over ci­ties where this is not avail­able – it makes the process of se­lect­ing a city and de­liv­er­ing a ma­jor event a more seam­less ex­pe­ri­ence”.

“Si­bos re­quired in ex­cess of 25 ho­tels in Syd­ney,” Bridge­man ex­plained.

“As the event or­gan­iser, Si­bos must sign an in­di­vid­ual agree­ment with each ho­tel which stip­u­lates the amount of rooms to be of­fered to del­e­gates, com­mer­cial terms and any ben­e­fits or penal­ties in­volved in book­ing or re­leas­ing ac­com­mo­da­tion rooms,” he said.

“I com­mend BESyd­ney on ini­ti­at­ing this ap­pli­ca­tion as it will help to drive con­tin­ued suc­cess for Syd­ney.”

The con­sumer watch­dog wrote in its draft de­ter­mi­na­tion “the agree­ment does not re­strict or re­move the abil­ity for mem­ber ho­tels to com­pete against other ho­tels on price, ser­vice stan­dards and fa­cil­i­ties in the sup­ply of ho­tel ser­vices for in­ter­na­tional busi­ness events”.

Sub­mis­sions in re­la­tion to the draft de­ter­mi­na­tion are cur­rently be­ing sought and fi­nal de­ter­mi­na­tion will be revealed by the ACCC later this month.

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