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The Kuala Lumpur Convention Centre delivered a record-breaking RM888 million in revenue during 2018, an 80 percent increase on 2017. The Malaysian venue hosted 1,485 events, and also saw a hike in guests arriving in the city, with a total of 2.18 million, an increase of 49 percent on the previous year. From Meetings & Incentive Travel…
Convention delegates in Cairns added around AUS$80m to the Australian city’s economy last year, according to a new study. Research into delegate spending and travel habits, commissioned by the Cairns Convention Centre, underlines the financial value of meetings. Events at the venue generated 133,784 room nights. From Association Meetings International…
Knowledge transfer is the key to successful events, according to new research unveiled by the German Convention Bureau. Event planners should concentrate on surprising or disruptive elements, as well as responding to individual attendee requirements. The GCB presented its Future Meeting Space research at PCMA Convening Leaders in Pittsburgh. From Meetings & Incentive Travel…
Meeting Professionals International has released its latest Meetings Outlook report, which highlights projected favourable business conditions, with the caveat that budgets are unlikely to increase. Only 1.5 percent of those polled believed budget conditions were favourable, with 43 percent thinking budgets would get 1-5 percent better. From Association Meetings International…
Among other sessions at IBTM World in Barcelona, findings from the IBTM World Industry Trends Report 2018 were presented. Rob Davidson of MICE Knowledge said that the top three reasons for booking an incentive destination were political stability and safety (66 percent), value for money (65 percent), and service quality (59 percent). From Meetings & Incentive Travel…
A new report highlights the need for more work on universal accessibility across the meetings industry. The research project from Iceberg partners BestCities Global Alliance and GainingEdge, working with Rehabilitation International, was unveiled at the 57th ICCA Congress in Dubai, and is also posted in the Iceberg’s Research section. From CIM News Magazine…
Iceberg partner the Events Industry Council’s “Global Economic Significance of Business Events” study has found that Asia is the largest region in terms of business event participants, making up nearly a third of the 1.5 billion delegate total. Business events actually boosted global GDP by $1.5 trillion last year, according to the report’s final results. From PCMA…
Corporate incentive travel is on the rise, creating opportunity for events in the Asia Pacific region, according to a report from the Melbourne Convention Bureau in partnership with the PCMA Foundation. The report was released at the PCMA Annual Conference in Bangkok. APAC business events are valued at over $200 billion. From PCMA…
Paris has topped a new index which ranks cities in their competitiveness at attracting major international conventions. Iceberg partner GainingEdge CEO Gary Grimmer said his company’s index would help destinations know how many conventions they should expect to be hosting every year. Paris was followed by Washington, Barcelona, New York and Boston. From Association Meetings International…
The global exhibition industry association UFI, an Iceberg partner, has released the results of research into women who are working in the sector. “Women in the Exhibition Industry” collates an online survey of over 200 respondents, mostly women. 82 percent of them highly appreciated working in exhibitions and loved their jobs. From CIM News Magazine…
Over 450 event professionals from over 54 countries have gathered in St Petersburg to attend the 85th UFI Global Congress. The event kicked off with the UFI General Assembly, and the exhibition industry’s global association, which is an Iceberg partner, also released two research reports: Global Visitor Insights, and Women in the exhibition industry. From the Event…
A new study has valued the global business events industry at more than $1 trillion. Preliminary results were announced by Iceberg partner The Events Industry Council at IMEX America. The full report is available from November 9th. The Global Economic Significance of Business Events is the first research of its kind. From Association Meetings International…
The economic impact of IMEX America 2018 on Las Vegas has been estimated at $19 million. So claims Cathy Tull, Chief Marketing Officer of the Las Vegas Convention & Visitor Authority. The figure was only one eye-watering number presented by UK event organisers Regent Exhibitions at the final press conference of the show. From Meetpie.com…
A decade after the 2008 global economic recession, the meetings industry has bounced back and settled into a new normal of steady and stable growth, according to American Express Meetings & Events. The 2019 Global Meetings and Events Forecast also shows that planners are feeling pressure from both consolidation and disruptive suppliers. From CIM News Magazine…
Meetings and events demand will grow by up to ten percent in 2019, according to Carlson Wagonlit Travel’s 2019 Meetings & Events Future Trends report. The study also finds that average size of meetings will rise in nearly every region. Strategic management of meetings, unorthodox spaces / activities, and content evolution, are the areas to watch. From Meetpie.com…
Companies increasingly are tying event investment and activity to actual revenues or profits. So says the new study by Harvard Business Review Analytic Services and event-marketing software provider Splash. But the report, which surveyed over 700 executives, also found less than a quarter able to calculate return on investment for events. From Meetings & Conventions…
Simple meetings – those smaller, replicable gatherings with basic requirements – make up about half of corporate meetings globally. But 52 percent of them are being booked through unmanaged channels according to research from the Global Business Travel Association. This can end up costing companies money, attendee satisfaction and duty-of-care compliance. From Meetings & Conventions…
Recently Successful Meetings sent out a survey to its readership about their international events. While most planners responding thought the number they held in 2018 would stay the same, almost a third said it would increase, and only six percent decrease. Cost, travel time and language barrier are still the top challenges. From Successful Meetings…
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