6 March 2020
The outbreak of Coronavirus has led to the cancellation of significant trade, arts and sporting events and governments banning large gatherings. The impact of such cancellations and bans is wide ranging and may result in significant losses for many businesses, including organisers, hosts, participants, sponsors, media firms and numerous other businesses that would otherwise stand to benefit from the event related tourism. Many businesses now face a critical decision as to whether to continue with events as planned, or whether to consider postponement or cancellation.
In this briefing, we set out eight key questions to consider when faced with the potential cancellation of an event.