Four convention bureaux with strong space industries around the world have come together to form a network – focusing on the development of the aeronautics, astronomy and space industries. The Space Cities Network was announced at the International Congress and Convention Association (ICCA) Congress in Abu Dhabi. The four convention bureaux are: Lausanne Montreux Congress…
From Conference & Meetings World: 74% of events professionals are optimistic about the health of the industry, according to the American Express Global Business Travel (Amex GBT) Meetings & Events 2025 forecast. To gather results, the report surveyed over 500 meetings and events professionals worldwide. Although the outlook is still positive, 74% optimism actually marks…
From Conference & Meetings World: Phocuswright, leading travel research firm, reports that the global travel market will grow 6-10% per year through 2026. The industry has now surpassed pre-pandemic levels, with a total spend in 2023 of $1.5tn. ‘Online travel’ was a recurring trend of the Phocuswright’s Global Travel Market Report 2024. The sector is…
From Conference & Meetings World: IBTM World organiser RX has pulled back from its launch of IBTM Asia Pacific in Hong Kong next year. The 2025 launch event, announced at IBTM World in Barcelona last year, was due to take place at the AsiaWorld Expo centre,19-20 March. However, exhibitors, hosted buyers and stakeholders have been…
From Exhibition News: Nineteen Group has been sold to an additional private equity fund for around £225m. The sale establishes a new Growth Partnership Fund, led by Kline Hill Partners and co-led by Ares Management, and includes the continued involvement of Nineteen’s original investor, Phoenix Equity Partners. The ‘continuation’ fund is worth £200m and will…
From Conference & Meetings World: AIPC recently held a Board meeting before the start of their 2024 Annual Conference in Costa Rica. For those unable to attend, President Greg O’Dell distilled the key information. The first decision was that the core mission of AIPC will remain the same. That mission is to encourage, support and…
From Exhibition World: UFI, the global association of the exhibition industry, has announced that its CEO Kai Hattendorf will leave his role at the association at the end of 2024. He has been the CEO since 2015. “I joined UFI in 2015, and these past ten years as the association’s CEO have been an amazing…
From Exhibition News: Informa has had a £1.2bn offer to buy the owner of the Cannes Lions International Festival of Creativity and Money20/20 accepted by Ascential’s shareholders. The offer of 568 pence in cash per share represents a 53% premium to Ascential’s closing share price of 371 pence on Monday, the day before the ‘unsolicited’…
From Conference & Meetings World: Destinations International (DI), the premier association representing destination organisations and convention and visitors bureaus (CVBs), has recently unveiled several initiatives and recognised outstanding industry achievements at its 2024 Annual Convention in Tampa, Florida. These initiatives and recognitions underscore DI’s commitment to accessibility, advocacy, professional development and industry excellence within the…
From Exhibition News: With the results now in, the Labour Party has emerged victorious as the new governing party of the United Kingdom, with Kier Starmer leading his party to a resounding landslide victory. This political shift will – hopefully – usher in a new era of optimism and ambition, not just for the nation…
From Exhibition World: International trade show organiser Informa’s latest trading update is reporting growth of over 10%. The statement coincided with the group’s Annual General Meeting and confirmed continuing strong growth. Stephen A. Carter (pictured), group chief executive, Informa, said: “The Informa Group has changed gears and we are now delivering 10%+ growth.” He added:…
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