Events Vital for Survival
Corporate Events are vital for the survival of Historic Venues according to a recent UVL survey
A Unique Venues of London (UVL) survey has found that the event industry is crucial in keeping London's iconic venues alive.
"In hiring venues like ours, clients are providing valuable support to the conservation of our country's heritage", said Kensington Palace events manager Charlotte Winship.
"We receive no government or Crown funding and therefore rely on income derived from visitors, donors and venue hire. All revenue received from venue hire directly contributes to the conservations of Kensington Palace"
There are major developments taking place at key historical venues, including a £40m restoration programme of St Paul's Cathedral; £100,000 refurbishment of event spaces at Central Hall Westminster; £50,000 redevelopment of facilities at the Victoria and Albert Museum; and two new event spaces at Kensington Palace.
Other venues that agreed events are essential to their survival included LSO St Lukes, the Imperial War Museum, Royal Albert Hall, 195 Piccadilly, The Royal Academy of Arts and the Royal Courts of Justice.
Source: Event Magazine, 7 June 2010
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