Markets and exhibitions have a long tradition in Ostrava, dating back to the middle ages, when the city was an important crossroads on the Amber Trail to the Baltics. At the time of its industrial boom, the City of Ostrava become known for its organisation of the First Industrial and Trade Fair, with a number of accompanying activities, in 1923. It was visited by more than a half million people.
Recently, Ostrava has become known as a lively centre of commerce and services, a location for many workshops, seminars, conferences, and congresses. Many accommodation facilities provide for space allowing the organisation of the mentioned events.