IBERSOL | 2016 Annual Report - page 94

OTHER BUSINESSES
After very positive results in the 2015 financial year, 2016 was a less posi-
tive year for the catering business. Despite maintaining a robust presence
in the Porto and Lisbon markets, where 839 events were held, the retrac-
tion of the major events market, especially large congresses, and a very
intense competitive environment, led to a reduction in sales compared to
the previous year.
EDO Encontros was the main event of the year, with around 7300 partici-
pants, followed by the IGCS congresses with around 5600 participants and
TPAC with around 2900. The RTC Congress took place in Porto for 1400
people, among other large events.
One of the most relevant facts of 2016 was the start of the operation in
the concession of Clube Universitário do Porto. This space has unique cha-
racteristics and has already shown very favourable signs during the year,
which allow us to face the private events market, especially weddings and
other celebrations, with great optimism.
CATERING
PORTUGAL
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