World

Half of all pharma business trips are for conferences, claims new survey

Fifty per cent of business trips in the pharmaceutical industry are for conferences – proportionally more than any other industry sector, The Heathrow Express Business Travel Insights Report has claimed. The state of the nation report on business travel across the UK, Germany and the US also found that 85% of pharmaceutical personnel upgraded to Premium Economy, Business or First Class on long-hau...

Confex 2018: Mash TV explores key topics

Who will be exhibiting at Confex 2018? Mash TV explores this – and other – key topics. Attend International Confex, from 28 February-1 March 2018 at Olympia London, to discover the ‘wow’ factor for your future events. Register for Confex here. Who will be exhibiting at Confex 2018? What can you expect on the stands? Why are shows like Confex important for the events industry? Mash TV |...

Blackstone merges its Clarion and Global Sources events businesses

Private equity firm Blackstone, the owner of organiser Clarion Events, has announced that the company has completed a merger with Global Sources, an exhibitions and online B2B marketplace operator based in Hong Kong. Terms of the transaction were not disclosed. Combining both companies will create one of the largest privately-owned events businesses globally, with substantial scale across Asia, Eu...

Half of all pharma business trips are for conferences, claims new survey

Fifty per cent of business trips in the pharmaceutical industry are for conferences – proportionally more than any other industry sector, The Heathrow Express Business Travel Insights Report has found. The state of the nation report on business travel across the UK, Germany and the US also found that 85% of pharmaceutical personnel upgraded to premium economy, Business or First Class on long-haul ...

Warwick Hotels appoints new UK global account director

Chris Xenophontos (pictured) has joined Warwick Hotels & Resorts as the new global account director UK. He joins the company from Movenpick Hotels & Resorts where he was corporate sales director for the last nine years. Xenophontos will be charged with developing opportunities from the MICE and corporate sectors within the UK. Founded in 1980, Warwick Hotels and Resorts represents a collec...

Will Marriott move make 7% the new agency commission norm?

As of 31 March 2018 Marriott is to reduce, in North America, the third-party commission rate it pays for group bookings to 7%, down from 10%. The move has been greeted by outrage by agents and meeting planners and, understandably, by glee from some competitor suppliers. True, some evenprofs think the move is a canny one by the hotel group, with some claiming Marriott will have weighed up losing so...

Informa and UBM Boards give merger deal momentum and back £3.9bn share offer

PUBLISHED: 9.38am 30/01/18 UPDATED: 9.09am 31/01/18 Global event organiser and information company Informa has outlined the rationale behind its £3.9bn offer for UBM, the largest pure-play B2B events organiser in the world, and says the offer has now been recommended by the Boards of both companies.  An Informa statement forecast annual synergies and growth opportunities. The enlarged group will s...

UBM keeps taking the events medicine as pharma portfolio posts record results

Global conference and event organiser UBM’s pharmaceuticals portfolio has posted its most successful year to date. The UBM pharma brands – including the largest dedicated pharma exhibition series in the world, CPhI – have reported the launch of CPhI North America, as well as record figures for the eponymous Worldwide edition. In 2018, UBM will expand its offerings, with the relocation of CPhI Ista...

SoolNua and Dana Communications to lead SITE global marketing push

The Society for Incentive Travel Excellence (SITE) has chosen Ireland-based SoolNua Marketing and Dana Communications, to lead its marketing on a global level. Pádraic Gilligan (pictured), managing partner at SoolNua, will serve as chief marketing officer (CMO) for both SITE and the SITE Foundation. Gilligan and SoolNua co-owner Patrick Delaney created the Ovation Global DMC brand and have both se...

ITE appoints new chair and reports £113m in booked revenues for 2018

International conference and exhibition organiser ITE Group has announced a trading update for Q1 2018 and a new chairman of the board.  As at 19 January 2018, the Group says it had booked circa £113m of revenue for the 2018 financial year (20 January 2017: £99m) representing circa 70% of market expectations for the full year.  On a like-for-like basis, these revenues are 16% ahead of this time la...

$28k: the price of a ticket to meet in Davos

The 2018 World Economic Forum opened at the Davos Congress Centre, 23 January, with 3,000 delegates boosting the Swiss ski resort’s 11,000 population over five days.  Delegates, who this year include president Trump, prime minister May and India’s leader Narendra Modi, will hear speeches, discussions and seminars. Unofficial and informal events will take place in the resort’s hotels, principally t...

Informa still to convince with planned deal to create $12.5bn events giant

PUBLISHED: 16:55 16/01/18 UPDATED: 09:17 22/01/18 The latest moves towards a UBM/Informa merger have met with some doubts in the City of London and among industry experts that a deal will be struck any time soon. “A merger of the two event organiser giants has been the subject of speculation in the City for much of the last decade,” former UFI (the global association for the exhibition industry) m...