News
Nov 17, 2023
Geopolitics and political uncertainty now pose the greatest risk to business growth, according to a recent survey of more than 1,300 CEOs of the world’s largest businesses. The persistent flux in global politics, trade dynamics and international relations has required a new level of resilience from business leaders, who have been tasked with re-assessing their strategic priorities, focusing on the rise of generative AI, talent management and elevated stakeholder expectations in addressing environmental, social and governance (ESG) issues.
Derived from the KPMG 2023 CEO Outlook — the annual… more
Nov 16, 2023
Three global trade show producers recently reported financials, and revenue from exhibitions is soaring, with all three posting double-digit growth. Highlights from RELX, Informa plc and Easyfairs financials include:
RX, the global exhibitions division of RELX, reported underlying revenue growth of 32% for the first nine months of 2023. Overall, RELX reported underlying revenue growth of 8.0% YTD through Sept. 30.
Informa plc reported strength and momentum across its portfolio with underlying revenue growth of 31.7% for the first 10 months of 2023.
Easyfairs 2022-23 revenues grew to €193.… more
Nov 15, 2023
Exclusively sponsored by Honeycomb Strategies
“We’ve traced the call. It’s coming from inside the house.”
One of the largest challenges to incorporating sustainability into your event may be your own leadership, ownership or management. We’ve talked with a lot of event planners who struggle to convince decision-makers to greenlight improvements they perceive as irrelevant or optional. Increasingly, planners see the urgent need for sustainability, so Honeycomb Strategies has compiled this guide to help you talk with your leadership team to gain support for sustainability programs. (Note:… more
Nov 15, 2023
Following an extensive search process, the International Association of Exhibitions and Events (IAEE) has tapped Marsha Flanagan to serve as its newest president and CEO. She takes the helm on Dec. 1, just before Expo! Expo! IAEE’s Annual Meeting and Exhibition opens on Dec. 5 in Dallas.
Focused on leading innovative strategies and fostering purposeful collaborations, Flanagan will lead IAEE into its next era of service to the global exhibitions and events industry while upholding the association’s core pillars of advocacy, sustainability and diversity, equity and inclusion (DEI)… more
Nov 14, 2023
The Exhibitions & Conferences Alliance (ECA) and International Federation of Exhibition and Event Services (IFES) are partnering to collaborate on educational efforts, issue and policy forums, advocacy support and other joint opportunities to serve the needs of the broader community.
Based in Washington, DC, ECA is a coalition of professional, industry and labor organizations dedicated to the advancement of the face-to-face business events industry while IFES, based in Brussels, is a global association with national associations and individual member companies, active in the design,… more
Nov 13, 2023
If you attended Connect Marketplace in August in Minneapolis or the Events Industry Council (EIC) Global Awards Celebration at IMEX America in October, you may have received photos in real-time via SpotMyPhotos, an AI-powered, automated private photo sharing technology that goes beyond facial recognition to let people’s photos find them.
Attendees and exhibitors who opt-in to experience this next-gen photo delivery platform at events can enjoy the convenience of having all photographs taken of them instantly delivered to their smartphones, eliminating the need to scroll through hundreds or… more
Nov 10, 2023
On Tues., Nov. 7, Salesforce CEO Marc Benioff announced Dreamforce reached an agreement with the city of San Francisco to keep its annual event, which attracted 40,000 customers, partners and employees to Moscone Center in September, in the venue and the city. Dreamforce 2024 will be held Sept. 17-19 at the city’s leading convention venue, which is managed by Legends, a live experience company that acquired ASM Global on Nov. 7.
Benioff said on X: “Thrilled to share the news that Dreamforce, the world’s largest enterprise tech conference, will be returning to San Francisco, the stunning city… more
Nov 09, 2023
Updated on Nov. 10: Following seven months of negotiations, tens of thousands of hotel workers represented by the Culinary Workers Union Local 226 and Bartenders Union Local 165 have reached a tentative deal with Wynn Resorts, MGM Resorts Internationaland Caesars Entertainment, averting a sweeping strike that could have massively impacted 18 major resort-casinos on the Las Vegas Strip.
According to Culinary Union officials, less than three hours before the strike deadline, the Unions reached a tentative agreement with Wynn Resorts on Nov. 10 at 2 a.m. for a new five-year contract covering… more
Nov 09, 2023
Two public companies in the trade show industry, Viad and Emerald, reported financial results for the third quarter that ended September 30, 2023. Here are two key highlights:
Emerald reported revenues of $72.5 million for Q3 2023, an increase of $10.1 million, or 16.2% over Q3 2022, primarily due to growth in events that staged in both Q3 2023 and Q3 2022, new launches and acquisitions.
Total Q3 revenue for GES, a division of Viad, was $179.0 million, a decrease of 18.3% from the Q3 2022, primarily due to the timing of major non-annual shows and the sale of ON Services, which impacted year… more
Nov 08, 2023
Premium live experiences company Legends is expanding its geographic reach and services portfolio with the acquisition of ASM Global, which manages a portfolio of more than 350 venues spanning five continents. ASM Global manages a number of U.S. major convention centers, including Moscone Center in San Francisco, the Los Angeles Convention Center and Huntington Place in Detroit — to name a few. Financial terms of the transaction were not disclosed.
Announced on Nov. 7, the acquisition will position Legends to meet the expanding needs of sports organizations, entertainment venues, convention… more
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