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Informa has revealed details of its £3.8 billion deal to buy rival trade show organiser UBM. The merger will see Informa’s shareholders owning 65.5 percent of the combined firm, with UBM’s investors taking the remaining 34.5 percent. But Informa shares actually dropped sharply after the takeover was announced. UBM stock rose, but with heavy trading. From Meetpie.com…
The exhibition industry is facing a positive year ahead after strong results in 2017, according to the 20th edition of UFI’s Global Barometer. More than 70 per cent of the sector anticipates revenue growth in 2018. The headline business issues remain the state of the economy in home markets, and global economic development. From CIM News Magazine…
Organisations that break EU General Data Protection Regulation, which soon comes into force, could face fines of up to €20 million. Competitors can report you, since non-compliance is unfair competition. The warning comes from David Chalmers, Senior Marketing Director of Cvent Europe. GDPR will discussed at a SITE event in London on February 7th. From Association Meetings International…
Central Hall Westminster has launched a new carbon calculator to help organisers estimate their events’ environmental impact. The London conferencing centre is the first UK venue to partner with Green Tourism on the scheme. The formula takes into account both the size of the venue space hired and the number of days an event lasts. From Meetpie.com…
CTICC 2, the Cape Town International Convention Centre’s R900 million expansion, has officially opened for business. The new facility strengthens Cape Town’s goal of becoming one of the world’s top ten long-haul convention destinations. The city holds 71.4 percent of CTICC shares and invested R550 million in the project, which helped regenerate the inner city. From the Event…
The Presidents Club, which hosted an event at the heart of a reported sexual harassment scandal in the UK, has announced that it is closing down. The organisation held a men-only charity fundraiser at which, an undercover report by the Financial Times alleged, young women paid as hostesses were groped and propositioned. From Meetpie.com…
The death toll from a Taliban terror attack on a hotel in Kabul has risen to 20, including 14 foreigners. The victims were shot during a 14-hour rampage at the hotel, which was hosting an IT conference. Afghan security forces were lowered onto the roof and killed the six attackers aided by Norwegian troops. From Meetpie.com…
The 19th century city landmark and event space Manchester Town Hall has closed as part of a £328m refurbishment. The “Our Town Hall” project will take until 2024 to complete. The iconic venue is Grade I listed, 140 years old, and according to a spokesperson for Manchester City Council, “showing its age”. From Meetpie.com…
Destination Bristol has relaunched its convention bureau, now promoting the city region for conferences, meetings and incentive travel as ‘Meet Bristol’. In 2017, the team managed enquiries about potential business worth more than £2.3 million and were responsible for confirming more than £830,000 of business related events that took place during the year. From Meetpie.com…
Vancouver will welcome 33 conventions and events in 2018, the highest number it has ever hosted in one year. They will bring more than 100,000 delegates into the Canadian city, compared to 63,000 last year. Vancouver’s meetings industry supports more than 6,000 jobs and brings more than $500 million of economic impact into the local economy. From Meetpie.com…
The reopening of major facilities in Sydney has made New South Wales once again most popular Australian destination for professional association conferences, according to Conference Monitor. 389 such events were held there in 2017, up 38 percent on 2016. 325 were held in Victoria and 302 in Queensland, the most popular in 2016. From CIM News Magazine…
Informa, the events and business information group, is to pay a huge £4.5 billion for rival exhibitions organiser UBM. The amount, that will include debt, has divided investors who have questioned the decision to pay what amounts to the full price. Informa CEO Stephen Carter claimed there would be “significant” synergies to justify the deal. From Meetpie.com…
The Exhibition and Event Association of Australasia has joined a global call for the industry’s rising stars to apply for a Next Generation Leadership Grant from UFI, the exhibition industry’s global association. The NGL Grant is an opportunity for up to five recipients to enjoy executive-level mentoring, networking and career advancement. From CIM News Magazine…
The Sarawak Convention Bureau secured 89 business events in 2017 (60 bids won, 29 supported) to be held over the next four years. During 2017 the Malaysian state hosted 47 conventions, including the 13th World Islamic Economic Forum and the International Summit on Peace. Sarawak also won its second BrandLaureate trophy. From CIM News Magazine…
Friends and family of Paul Flackett gathered at London’s Queen Elizabeth II Centre to bid farewell to the former MD of IMEX. Colleagues shared memories of the 69 year-old, who died in November, and SoolNua’s Padraic Gilligan even wrote a song for the occasion, performing it with Spectra’s Paul Miller and ExCeL’s James Rees. From Meetpie.com…
The recent BestCities Global Forum in Tokyo has once more won unanimous approval from its attendees. One hundred percent of delegates said that they would recommend participating in the destinations conference to other international associations. 95 percent felt it met or exceeded expectations. 92 percent would now consider Tokyo for a future international meeting. From CIM News Magazine…
Australia’s Northern Territory has launched a scheme called the Northern Territory Business Events Support Fund. Event organisers can apply for financial assistance of AU$100 per delegate up to a maximum of AU$50,000, with priority given to meetings that align with key knowledge sectors and whose participants are mostly from out of state. From CIM News Magazine…
Following a pre-event row about the lack of keynotes from women, the Consumer Electronics Show in Las Vegas then had to enact an emergency evacuation after a power cut in its central hall. CES 2018 drew more than 175,000 attendees and over 3,900 exhibitors. This show filled 2.75 million square feet of space. From Meetings & Conventions…
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