To what extent has COVID-19 impacted the world of events in France?

 
NICE, France - Oct. 21, 2020 - PRLog -- At the dawn of a possible second wave, the world of events in France is once again in turmoil. Event organizers, incoming agencies or even private individuals are still wondering about the resumption or on the contrary the cessation of activities related to events.

Especially since, when we look at the economic fallout of the virus, the figures are not very conclusive...

Heavy losses

The events sector is one of the business fields that has suffered the most from the pandemic, with losses amounting to 15 billion euros. 15 billion. These losses were mainly due to the number of cancellations (42.1% of events) and significant postponements (33%). Moreover, since most postponements are scheduled between September and December, the world is already wondering about a potential second lockdown, so the figures are likely to continue to fall...

Businesses are at risk of closing

Of course, one of the main risks for the companies affected is that their sales will plummet, and they will not be able to offset this with their cash flow. For example, when you consider that in the event business (http://www.lamaisonbygts.com/en/), nearly one-fifth of the companies have seen their sales fall by 70%, it is obvious that many of them will have to close. 16.7% would have enough cash to last six months, 27.8% three months, and 7.9% will not survive more than one month.

Fortunately, social assistance is available or has been set up, between requests for partial activity, purging of paid vacations or postponement of social deadlines.

What do participants think?

On this subject, the company "Yurplan" surveyed 1799 French people. The first important information that emerges is the willingness to participate in events again. 91.9 % indeed wish to take part in events again, which obviously indicates the lack of social interaction that a confinement episode has created. Especially since voters even expressed themselves on participating in as many or more events as before the pandemic and nearly 90% of them agree with this in most areas.

Yet, and very paradoxically, while 70% of those polled consider it important to put in place sanitary measures such as hand washing or 50% to reduce entry gauges, more than 56% consider that sanitary measures spoil the atmosphere of an event and distort it.

Now, we must wait for the advice of experts and, above all, start preparing for the increasingly likely possibility of a new lockdown. The government has already announced that in some regions events will be cancelled, bars and restaurants closed, and sanitary measures strengthened.
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