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WEF Cancellation Hits Sector and Singapore

The scale of the challenges facing event planners were again laid bare with the World Economic Forum announcing the cancelling of the Special Annual Meeting that was set for Singapore. Amid a spike in local cases of COVID-19, WEF cited the uncertain travel outlook and also variations in vaccination rollout. From Association Meetings International…

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ICCA Statistics 2020: Numbers Rise, Fees Fall

Average association meetings were fifty percent bigger in 2020, but only because they pivoted online. So say the latest ICCA Statistics just posted. Average registrations rose from 908 to 1,356 delegates, but associations did take a huge hit on fees, average prices dropping from $525 to $211. From Association Meetings International…

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Kenya’s KICC Standing Tall Against Pandemic Conference Losses

Kenya’s conference tourism has been badly hit by the coronavirus pandemic. Cancellations have led to losses of over KS800 million, not to mention the economic ripple effect for the country of lost international conferences. Geoffrey K. Thande is Director of Business Development Services at Kenyatta International Convention Centre (KICC). From Conference & Meetings World…

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COVID-19 Recovery Dashboard (October 19th – 22nd)

In all of the Dashboard surveys, PCMA Convene’s goal has been to get its arms around how the industry is handling the pandemic and moving forward. This time around, it decided to get more to the point, so simply asked respondents “what best describes how you’re feeling right now”? The most popular answer among the…

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NEC Group Set to Make 450 Redundancies

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…

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525,000 Jobs at Risk in UK Meetings Industry

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…

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Events for up to 30 Under UK Lockdown

In the UK the Meetings Industry Association received formal notice that business events for up to thirty delegates are allowed to take place under the second national lockdown in England between November 5th and December 2nd 2020. Bookings had been lost after lockdown was announced. From Conference News…

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A Reality Check for the Global Business Events Sector from Martin Sirk

Martin Sirk is International Advisor for Iceberg partner GAH (Global Association Hubs). In a sharp reality check for the business events sector, he warns that successful reopening relies on a much wider containment of the pandemic than the industry on its own can ever achieve. The economy and health are not zero-sum trade-offs or parallel-track…

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COVID-19 Recovery Dashboard (September 21st – 24th)

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,…

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UK Pivots on Planned October 1st Reopening

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…

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Informa Posts Pre-Tax H1 Losses of £739.9m

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…

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UK MI Will “Enter Free Fall” Without Support

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…

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