business

GL Events graduates to €1 billion club and targets acquisitions

Global integrated event industry group GL Events has announced 2018 consolidated revenues topping €1bn. The €1.041bn total figure represented a rise of 9% like-for-like and completion of the group’s ZZX acquisition in China. The company reported an adverse exchange rate effect of €34m offset by contributions from new acquisitions. International markets accounted for 50% of annual revenue. Olivier ...

Dubai targets larger events and reports $330m meetings impact

Dubai is targeting larger-scale business events and says its 2018 wins are set to deliver AED1.2bn (US$330m) in economic impact over the coming years. The emirate’s CVB, Dubai Business Events (DBE), says that 153,000 delegates will visit the emirate as a result of business event wins in 2018. The bureau also reports growth in winning bids last year when it helped secure a total of 261 successful b...

Mash Media partners with See Tickets

CMW publisher Mash Media has unveiled an exciting new partnership with See Tickets, which will be providing ticketing services for six events in 2019 including the EN Awards, CN Agency Awards and the EN Indy Awards. See Tickets is the largest independent ticketing company in the UK, selling more than 11 million tickets each year and working with companies including Media 10, Brand Events, Insomnia...

Travel Leaders Group acquires UK event management business YES

Travel Leaders Group has acquired UK-based YES (Your Event Solutions), a MICE business with global meetings and event expertise. The addition of YES complements Travel Leaders Group’s growing presence in the meetings & incentive marketplace, and will provide both firms with additional geographic reach and industry expertise. A full-service event provider, YES provides a range of corporate even...

RainFocus secures $40m investment for event marketing platform

Event marketing platform RainFocus has announced a US$40m strategic growth investment from JMI Equity, a growth equity firm focused on investing in software companies. The funding will be used to for expansion and accelerating the company’s product development efforts, says the RainFocus CEO JR Sherman (pictured), former President at Lanyon and Active Network. “The culture and team at JMI ar...

UK’s Setsquare draws up acquisitions at the double

Surrey-based Setsquare Staging, one of the UK’s leading event construction businesses, has acquired Buckinghamshire-based Enigma Visual Solutions print and interior design specialists and Hampshire-based GTMS event and print production company. Both acquisitions are part of a strategic development that has helped transform Setsquare into a £20m (US$25.48m). Creative Director and founder of Setsqua...

Business travellers turn away from direct booking channels in 2018

New research from SAP Concur and GBTA shows that the trend for business travellers to book flights and accommodation directly from suppliers has reversed. The number of European business travellers who booked flights directly with their preferred airline fell from 79% in 2017 to 68% in 2018. During the same period, the number booking hotel accommodation directly dropped from 83% in 2017 to 70%. Pi...

Valentine’s Day to kick off new relationship for Lippman Connects with ITN/Aventri

ITN, an Aventri company, has entered into an agreement with Lippman Connects to provide a range of registration services for major events. In 2019, Lippman Connects will rely on the Aventri eReg platform for nine events, starting with Exhibit Sales Roundtable (ESR), 14 February, 2019, in Washington, D.C. Under the agreement, Aventri will provide registration services from fulfillment of email prom...

British Airways launch partnership with ExCel London

British Airways and ExCeL London have launched a year-long collaboration that will grant BA exclusive airline partner status. The partnership will give British Airways the opportunity to use advertising space in and around ExCeL, as well as an opportunity to offer deals and discounts to visitors, exhibitors and delegates attending exhibitions and conferences, from the both the UK and overseas. The...

Melbourne generated $23.8m from business events in October

Business events in Melbourne generated over AUD $23.8m in the month of October, according to the Melbourne Convention Bureau. The city has received a boost from nine international conferences taking place across the city during the month, which attracted over 5,000 delegates generating 11,200 room nights. The events in October included: the World Congress of Colleges and Polytechnics, World Urban ...

Saudi conference generates $34bn in deals despite Khashoggi pull-outs

Around 40 key withdrawals by speakers and delegates for Saudi Arabia’s Future Investment Initiative conference, 23-25 October, (also known as ‘Davos in the desert’) did not stop the Saudis heralding the event as a facilitator for deals worth US$34bn. Outcry over the death on 2 October of Jamal Kashoggi, who is believed to have been killed in the Saudi consulate in Turkey, resulted in many high pro...

Leading industry associations pool resources to develop MICE in emerging markets

With ever more regions and cities around the globe recognising the vital role Meetings, Incentives, Conventions and Exhibitions (MICE) plays in spurring economic growth (MICE delegates contribute as much as four times more per visit than leisure tourists), there is also an increasing demand for experienced MICE professionals worldwide. In response to this, three leading industry associations ̵...