Sector: Return on Investment

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Government Bidding: Australia’s AU$12m National Bid Fund

The announcement of the Australian Government’s AU$12 million national bid fund is a major turning point for the business events industry. Tourism Australia’s unit Business Events Australia will oversee the fund, which has been made possible in no small part by Minister for Trade, Tourism and Investment Steve Ciobo. From CIM News Magazine…

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International Research Conferences: The Academic Impact

The study explores the benefits and barriers for individual researchers and universities when hosting research conferences. The study has been commissioned by the Danish Council for Research and Innovation Policy – an advisory body to the Danish Minister of Higher Education and Science. Thereby the study situates the hosting of research conferences as a potential…

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Visit Victoria Welcomes Further Government Investment for Events

Visit Victoria has welcomed the Victorian Government’s further investment in tourism and events. Building on previous funds, the Victorian 2018/19 budget provides an additional AU$51.1 million for marketing and major events, including AU$21.8 million over two years to ensure Visit Victoria continues to draw lucrative business events to Melbourne. From CIM News Magazine…

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Dubai Spends $42.5bn on Infrastructure for Expo 2020

Dubai is spending $42.5bn on major hotel, theme park and transport projects ahead of international trade fair Expo 2020. The first World Expo staged in the Middle East, the six-month event is forecast to attract up to 300,000 visitors a day, half from abroad, when it opens in October 2020. From CIM News Magazine…

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China-LAC 2017 at the Punta del Este C & EC

The China-LAC Summit is an annual event organised by the China Council for the Promotion of International Trade (CCPIT) and the Inter-American Development Bank (IDB). It is a key entrepreneurial event for companies from China and the Latin American and Caribbean countries. The Punta del Este Convention and Exhibition Center was honored to host the 11th edition of…

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The Gold Coast Commonwealth Games Legacy Innovation Hub

As the last athlete leaves the Commonwealth Games Village, work will begin on transforming it into the Gold Coast Health and Knowledge Precinct. The new district is near two hospitals and a university, and the Games’ real legacy could be one of the most advanced health and knowledge innovation hubs in the Asia-Pacific. From CIM News Magazine…

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Engaging with the Start-Up Sector at Events

With advances in technology and the rise of crowdfunding platforms, the start-up scene is booming. This has seen many events emerge for those that play in the sector, like 4 Years from Now (4YFN), an initiative from the GSM Association which takes place alongside its flagship Mobile World Congress (MWC) in Barcelona. From Freeman XP…

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Incentive Travel: Weighing the Worth

With the Events Industry Council’s “Economic Significance of Meetings to the US Economy” now out, and after incentive sector specific research from both the Society for Incentive Travel Excellence and the Incentive Research Foundation, how far do such reports correctly quantify the real impact and worth of incentive travel? From SoolNua’s Pádraic Gilligan at Padraicino…

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Montreal: Scientific Pioneer

Montreal has become Canada’s cultural capital: not quite North American, but not entirely European either. Already home to top-notch researchers in fields like genetics, aging, economics and life sciences, Montreal’s scientific community is building on its international reputation. It is doing this both by winning scientific awards and by attracting large-scale international conventions. From Boardroom…

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IRF 2018 Trends Study

The IRF 2018 Trends Study highlights ten key trends that will affect organizations, their products and services, and the workforce in 2018. From market optimism to concerns about risk and safety, the study identifies key areas of change and their implications for workforce engagement, incentive travel and recognition. IRF 2018 Trends Study (IRF website version)

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South Africa: Winning Incentive Strategies

Looking at the country through the eyes of an incentive travel planner reveals there are myriad ways to unpack and repackage the “South African experience”. Requests still come in for the traditional offerings like safaris and beach trips. But planners are all about looking at locations with a fresh eye. From the Event…

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Strong Start to 2018 for ExCeL

ExCeL London has seen a strong start to 2018 with a host of new events relocating to the venue. On the conference side, ExCeL will welcome the European Association for Endoscopic Surgery and the International Association for Dental Research this year, as well as the return of Diabetes UK. In 2019 Sibos is coming. From Meepie.com…

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QEII Centre Can Still be Saved, Says BVEP

The Business Visits and Events Partnership has welcomed a decision to review the impact on the QEII Centre of a vote by the House of Lords to leave the Palace of Westminster during a six year renovation. Many Lords expressed concern over central London’s largest conference venue being temporarily chosen to host the upper chamber. From Meetpie.com…

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1.2m Visitors at Messukeskus Helsinki During 2017

More than 1.2 million visitors attended meetings and events at the Messukeskus Helsinki in 2017. The eight international congresses hosted by the Messukeskus brought more than 28,000 visitors and more than €40 million to the Helsinki metropolitan area. In addition to international congresses, nearly 2,000 meetings were held at the Messukeskus. From Association Meetings International…

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EICC Reports Record 2017

The Edinburgh International Conference Centre (EICC) has reported a record year in 2017 with delegate numbers up 3,000 year-on-year to 94,000, attending around 200 events at the venue. Operating profits almost doubled year-on-year, while economic impact for the city was up to £55 million in 2017 from £51.6 million the previous year. From Association Meetings International…

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MPs “Have Not Recognised” QEII Centre Contribution

MPs have not considered the loss of income to London of the QEII Centre being out of action for six years. That’s according to the chair of the Events Industry Board Nick de Bois. MPs have just voted for a refurbishment that could see the House of Lords occupy the venue from 2025. From Meepie.com…

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US Meetings Industry Generates $330bn Per Year

The United States meetings industry generates a massive $330 billion annually, according to the Events Industry Council’s latest Meetings Significance Survey. This is a $50 billion rise since 2014’s first report. In 2016, 1.9 million US meetings took place. The study canvassed 1,300 planners, 9,000 domestic business travellers and 50,000 international travellers. From Meetings & Conventions…

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The 2016 RNC and the Real ROI of F2F

The Trump effect on the US’s standing as a destination is much discussed. But what about the actual meeting that helped elect him: the 2016 Republican National Convention? The RNC and its economic impact are at the centre of some thoughts about the real return on investment of face-to-face. From PCMA Convene…

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HK: International Exhibitors Spend 75 Percent More Per Visit

The Hong Kong Exhibition & Convention Industry Association has released findings from the latest biennial Economic Impact Study on the value of the city’s exhibition industry to its economy. They show that international exhibitors and exhibition visitors significantly outspent general overnight tourists in 2016, by around 75 percent and 66 percent more respectively. From CIM News Magazine…

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BESydney and UTS Publish “The Power of Conferences” Book

Business Events Sydney and the University of Technology Sydney have published a new book about the legacies of business events. Built around profiles of ten distinguished thought leaders, and focussing on the role meetings have played in their stories, the book also analyses the outcomes conferences help create. Photo: Fairfax Syndication. From CIM News Magazine…

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A Retrospective Look: IAS 2013 Kuala Lumpur

The International AIDS Society (IAS) organizes the world’s two most prestigious HIV conferences, each convened biennially in alternating years. The next International AIDS Conference (AIDS 2018) will be held in Amsterdam, Netherlands (23-27 July 2018). Meanwhile, the IAS Conference on HIV Science features the latest HIV science, including basic, clinical and prevention research. It brings…

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