A major new initiative to capitalise on the rising success of Scotland's business tourism sector is set to be announced next week, prior to the unveiling of a major industry-wide project in December.

Next week's conference of the Scottish Tourism Alliance (STA), the commercially led group co-­ordinating Scotland's target of 20% growth by 2020 (known as TS2020), will include a presentation on a new business tourism Scotland website, plus fresh research highlighting regional "hot spots" for convention and conference-led business.

Marc Crothall, STA chief executive, has warned the industry not to make the "Sydney Olympics mistake" and assume that major sporting events - including the 2014 Glasgow Commonwealth Games and the Ryder Cup at Gleneagles - will automatically generate added business and leisure tourism traffic.

He said: "This year has been just the starting point. We've built momentum - we don't want to be like Sydney, which didn't continue with its marketing effort, and had to wait six years for tourism to return to 2000 heights.

"We are in a very strong position … but it's vital that there is continuing marketing both internationally and south of the Border. Budgets need to be made available to VisitScotland.

"The success of this year has proved that tourism is a big, big player, but we can't afford complacency."

Crothall estimated that business tourism - one strand of the TS2020 strategy, which also includes heritage, towns and cities, nature, events and skills - could contribute 35%-40% of the growth because of the potential "multipliers", ie, extending the stay of business visitors, and encourage them to spend on leisure.

Business Tourism for Scotland is an 11-person STA sub-group chaired by Judy Rae, head of events at the Glasgow Science Centre.

Rae said: "The AGM on Wednesday will launch Scotland's first dedicated business tourism website. This is the first time a business tourism group in Scotland has had a formal representation from the industry itself.

"I am fortunate to be the chair of a group of players within the industry from across Scotland with representation from key players at a senior level in private and public-sector organisations.

"What we have in common is that we're all really passionate about business tourism and have the opportunity to closely align the industry views on current trends, working with the business tourism unit at VisitScotland and the other public-sector agencies."

Rae emphasised that, for all the marketing focus on the recent major international events, which she said has "elevated business tourism to a different plane", the sector has been making advances for 20 years, with the EICC, the SECC and now the Hydro as its flagship venues. "It's not just an overnight success," she said.

A recent investigation by a UK Government all-party parliamentary group into the competitiveness of the UK event industry (including business tourism, corporate hospitality, festivals and events) found that the sector is expected to grow by 33% by 2020, with Glasgow and Edinburgh cited as examples of strong performers in terms of facilities and public-private working.

The study also suggested that public policy measures such as visa requirements, air passenger duty (APD) and VAT were potential barriers to growth.

A spokesman for VisitScotland said: "The business tourism sector will absolutely be a core contributor to the TS2020 growth target based on the multitude of meetings, conferences and incentives taking place around the country. The [Scottish Government's £2 million] Conference Bid Fund has secured conferences from 2013 to 2024, using this as a serious pipeline for business on the books worth around £150m."

According to the Great Britain Tourism Survey and VisitScotland, estimates for GB resident overnight trips to Scotland and international inbound trips to Scotland in 2014 totalled 14.8 million, with £4.4 billion being spent. However, these estimates are based on incomplete data and are likely to be revised upwards.

The Scottish Tourism Alliance's TS2020 strategy seeks to add an extra £1bn a year to Scotland's tourism ­revenue by 2020, from £5.5bn to £6.5bn.