Arctic conferences are a unique setting where representatives of institutions/Indigenous peoples, stakeholders, politicians, scientist/young researchers, activists, and Arctic enthusiasts can meet while still having something in common. While there are hundreds of varied sizes, themes, and formats of Arctic conferences, before the global pandemic the number and variety of Arctic conferences were steadily growing in the world. But what are the impacts of these experiences and what is the value of holding these conferences in the Arctic itself? This article examines and analyzes the correlation between a number of Arctic conferences that were held specifically in the Arctic and in central regions of Canada, Finland, Norway, and Russia between 2012 and 2021. The data collection results identify a difference in the number of participants, focuses, investments, and potential regional impacts between conferences in the Arctic-regions versus those in centers or major cities. This article seeks to answer the question does the economic impact of Arctic conferences contribute to Arctic regional development? Additionally, this article highlights potential economic losses of the Arctic regions due to the ongoing organization of international Arctic events outside of the Arctic region.