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Hungexpo Announces Record Revenue

The largest event management and exhibition organising company in Hungary, Hungexpo, has announced record turnover for 2018. Hungexpo had earned more than £21 million by the end of the year, up almost 30 percent on 2017. Major events in 2018 included the Congress of the European Society of Contraception and Reproductive Health. From Meetings & Incentive Travel…

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Edinburgh’s EICC Posts Record Results

The Edinburgh International Conference Centre has posted record financial results for 2018 as managers wary of a Brexit downturn target growth opportunities outside Europe. EICC is owned by Edinburgh City Council, which last month cut £300,000 from the annual budget of Marketing Edinburgh, the body that runs CVB Convention Edinburgh. From Association Meetings International…

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Incentive Travel: Trends in Hotels, Security and Compliance

From mergers and acquisitions in the hotel sector, not to mention its commission cuts, to concerns about security, both of person and of data, including GDPR compliance, here’s a look at key pointers found in the Incentive Research Foundation’s 2019 Trends Study that are expected to affect the buoyant incentive travel industry. From PCMA…

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PCMA Survey: “Further Growth to Come”

The latest Meetings Market Survey from the Professional Convention Management Association has revealed a growth in meeting attendance with a further rise expected next year. Considered to be a barometer for the industry, the survey found attendance for 2018 up five percent. It had risen by 3.6 percent in 2017. From Association Meetings International…

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Reed to Acquire Mack Brooks Exhibitions

Reed Exhibitions, organiser of Iceberg partner IBTM Events, is to acquire business-to-business event organiser Mack Brooks Exhibitions. Mack Brooks was established in 1965 and runs over thirty meetings in fourteen countries, serving nine industry sectors. After regulatory approval, the deal should close during the first half of 2019. From Meetings & Incentive Travel…

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ACC Liverpool Marks Tenth in Song

Venue ACC Liverpool has marked its tenth birthday at its annual showcase in London. Guests recorded the Beatles’ song “With a Little Help from My Friends” at Abbey Road Studios and took away a CD with them as memento. They also watched a video of famous Liverpool figures wishing the venue happy birthday. From Association Meetings International…

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Seafood and Toys: Trade Fair Trade War Tariff Troubles

More than 90 percent of US eaten seafood is imported, and about 40 percent of 25,000 attendees at Seafood Expo North America also attend from abroad. Since tariffs imposed on goods imported from China and other countries have taken effect, some regular exhibitors have cut back on space they’re purchasing for March 2019. From PCMA…

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Incentive Travel: Weathering the Headlines

Now companies have to respond almost immediately to bad publicity, overreaction is the danger. When the positive benefits of an activity aren’t understood, the damage can be even greater. Our incentive specialist looks at headlines the sector has weathered and what they say about the real value of incentive travel. From SoolNua’s Pádraic Gilligan at Padraicino…

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IBTM World Industry Report Presented

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…

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BESydney Scores Big Incentive Wins

Business Events Sydney is set to enjoy a record-breaking year, having secured AU$102 million to date from the global incentive market. Its strategic decision in 2004 to invest in expanding incentives to Australia from Asia has resulted in close to twenty percent year-on-year growth in the value of events secured from that continent. From CIM News Magazine…

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Travel Truths for Business Events Corporate Incentive Travel

Tourism continues to dominate Asia Pacific’s travel industry, but the corporate incentive travel segment, already representing a quarter of the global travel industry, continues to make steady gains. The Melbourne Convention Bureau (MCB) partnered with PCMA Education Foundation to commission a research project to help APAC region meeting planners understand what is driving this expanding…

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Incentive Travel Industry Index 2018

The Society for Incentive Travel Excellence (SITE), Incentive Research Foundation (IRF), and Financial and Insurance Conference Professionals (FICP) are proud to announce the release of the first joint study of the global incentive travel industry. Incentive Travel Industry Index powered by SITE Index, IRF Outlook and FICP is a landmark for the industry, providing unprecedented,…

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