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Coronavirus: Australia’s AU$35.7bn Event Losses

Australia’s economy is on course to lose AU$35.7 billion in direct spend over the next twelve months, while nearly all business events scheduled for 2020 are cancelled or postponed due to COVID-19. That’s according to latest figures from the Business Events Council of Australia. 92,000 industry job losses are expected. From CIM Business Events…

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New European Tourism Commission Chief Steps up to Face the Challenges

From WIT: Beyond numbers, destinations need to rethink what they really want from tourism, says Miguel Sanz Castedo. With European tourism at a critical juncture, coming under pressure on several fronts, including environmental and social, the new president of the European Tourism Commission (ETC) says it is even more timely to remind Europeans of the…

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Corporate Group Business Continues to Outgrow Other Segments

From Lodging Magazine: U.S. hotel performance has continued to inch toward normalized levels over the past three-plus quarters. The trend of normalization is evident across most data segments, but in recent months, particular attention has been drawn to group business. Even with slightly higher supply in the market, group occupancy grew year over year in…

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DEI Executive Jailed for Orchestrating Fake Events to Steal $5m

From Conference & Meetings World: An ex-diversity programme manager for Facebook and Nike has been sentenced in the US to five years in prison for stealing more than $5m from her employers. A release from the US Attorney General’s office in Georgia said Barbara Furlow-Smiles (pictured) had set up fake business deals, invoices and events…

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