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Padraic Gilligan considers the implications of the intangibility of key assets that make our industry. When business models rely on events which exist briefly, with no guarantees of future revenue, and on the intellectual and experiential capital of staff who could leave tomorrow, how can accountants and venture capitalists place a value on such businesses?
By Pádraic Gilligan: Last May the Events Industry Council published the latest iteration of its Global Economic Significance of Business Events and valued business events’ contribution to global GDP at USD$1.6 trillion. This figure, in fact, would rank business events as the 13th largest economic stream globally. The EIC study, conducted in partnership with Oxford…
By Pádraic Gilligan: Recently I posted on sustainability and incentive travel concluding that current definitions / understandings of each rendered them as irreconcilable opposites – sustainability was “limiting”, requiring restraint, reduced consumption, thoughtful, conscientious behaviour while a travel reward was sans frontiers and sans souci, suggesting freedom, extravagance, conspicuous consumption.
By Pádraic Gilligan: Recent research from McKinsey into the way we travel now is crammed with exciting, actionable insights for organisers of incentive travel programs. While the McKinsey research focuses on leisure, the trends here tend to replicate themselves in incentive travel as, after all, the travel reward is specifically designed to motivate and reward…
by Pádraic Gilligan, co-founder, SoolNua: As 2025 unfolds, it’s increasingly difficult to pin down exactly how incentive travel professionals feel about the short- to medium-term outlook for our industry. One thing is clear: sentiment has shifted since 2024. The Incentive Travel Index, released in November 2024, painted a nuanced picture—continued growth in the use and…
Dr Mike Duigan from the Centre for Events & Festivals clarifies how two very different but equally powerful conceptual frameworks – Theory of Change and Field Configuring Events – can be used in tandem to generate practical, lasting transformation, both in host destinations and more generally in service of the event-owning organisation’s mission.
The International Union for Conservation of Nature (IUCN) World Conservation Congress 2025 has been certified compliant with the ISO 20121:2024 certification for sustainable event management, recognising its commitment to organising a responsible and sustainable World Conservation Congress in 2025. IUCN has strived to ensure all aspects of Congress operations adhere to rigorous sustainability standards…
There are plenty of thought-provoking insights and useful lessons for Business Events professionals from the parallel universe of music, culture and the creative economy, in this White Paper style report produced by specialist agency Sound Diplomacy.
David Adler profiles one of the individuals who have done the most to shape the modern entrepreneurial trade show sector, and in doing so defines essential, universal leadership attributes for success, but also advocates for the importance of having societally valuable personal objectives in such a profit-centric ecosystem. From GatheringPoint.news…
Association-Destination-Matching platfom Conferli has conducted in-depth research that obtained data on subvention policies and practices at 115 destinations worldwide, revealing wide variations in decision-making, scale of financial support, and regional utilisation. Over 90% of respondents agreed with the prompt that subventions could be used to drive forward sustainability and destination legacy objectives, yet only 6%…
Skifts’s third annual summit for CEOs and thought-leaders in the Business Events Sector tackled some of our industry’s toughest issues. Their key findings are essential reading for all those who want to understand the ways and unprecedented speed with which our sector is evolving, and the future challenges that are heading in our direction.
David Adler deconstructs the unique outcome-oriented elements that Young Presidents Organisation has incorporated in their Global Business Summit, with invaluable lessons for any organisers focused on how to maximise the deal-making and relationship-building elements of their own events. Read the GatheringPoint.News article here
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