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More than 525,000 jobs are now at risk across the £84 billion UK events and experiences industry, and three out of four companies could fail to survive beyond next February, the government has been warned. The impact on around 774,000 working in business events was laid out in research given to ministers. From Conference News…
The owner of one of the UK’s largest convention centres is set to make 450 redundancies after reporting “almost zero revenues” due to the coronavirus pandemic. NEC Group, which owns ICC Birmingham and other venues including the National Exhibition Centre, is planning to cut its workforce by 55 percent. From Meetings & Incentive Travel…
When the lockdowns began in the US in March, it was hoped COVID-19 would be well under control by the autumn. As we enter the last quarter of 2020, we have come to accept that we will be living with COVID-19 well into 2021 and perhaps 2022, that its effects on the economy will linger,…
Without a support package the UK meetings and events industry will enter into free fall. The very stark message from the Association of Event Organisers, Association of Event Venues and Event Supplier and Services Association was in response to the UK government delaying the reopening of business events. From Meetings & Incentive Travel…
Informa has posted pre-tax losses of £739.9 million ($946.9 million) in its financial results for the six months ending June 30th 2020. The group updated actions to ensure stability through into 2021, amid ongoing disruption and the postponements of events extending into the spring. From Exhibition News…
Conferences and exhibitions will not be allowed to run from October 1st, UK Prime Minister Boris Johnson has confirmed. Business events for up to thirty can run, but the backtrack on the date for reopening large events will be place in for six months with the UK now at COVID level four. From Exhibition News…
After reader input, latest COVID-19 Recovery Dashboard survey has changed the wording “cannibalise face-to-face attendance” to “impact face-to-face attendance” in the survey questions. Both planners and suppliers expect digital tech will have a greater impact throughout the rest of this year: an average of 57 percent in August versus an average of 47 percent in…
Manchester’s EventCity conference and exhibition venue has announced its closure and pulled the plans for its new centre. The UK venue had been planning to close and relocate to a new site (pictured). Owners Peel Group however now say EventCity will cease trading completely from March 31st 2021. From Exhibition World…
The Indian Exhibitions Industry Association has urged the Indian government to allow exhibitions to be staged once again, to “ensure the survival of the industry and revival of the Indian economy”. India’s events industry has also asked government to organise an economic support package for the sector. From Exhibition World…
Meetings and events leaders in the Czech Republic have pleaded for government support and say that without it up to 114,000 jobs are at risk. An alliance of industry bodies has warned impact on conferences, trade fairs and cultural events from the COVID-19 pandemic will be “enormous”. From Association Meetings International…
Hong Kong-based destination and event management company Pacific World has announced it is to stop all meeting and event operations as of November after four decades in the sector. PW parent company TUI Destination Experiences said the decision was made as a result of impact COVID-19 is having. From Meetings & Incentive Travel…
An officer of the United Nations Framework Convention on Climate Change has called on the meetings industry urgently to speed up action on climate change. Miguel Naranjo warned there “would be no events industry” if the challenge is not met. Event professionals, he said, had a responsibility to contribute. From Conference News…
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