business

Informa announces new Founders Forum in trading update

International exhibitions, events and information services group, Informa has revealed underlying revenue growth of 2.8% for the 10 months to 31 October 2019, “despite an unpredictable economic/geo-political backdrop,” said Group Chief Executive Stephen Carter, 11 November.

GL events posts revenue growth of over 10%

Integrated event industry group GL events has reported revenue growth for Q3 of 13% and 10.4% for the first nine months of this year.

Melbourne reports record-breaking financial results

The Melbourne Convention Bureau has achieved record financial results, with business events drawing in AUD$507m for the 2018/19 year.

How UK suppliers are preparing for a no deal Brexit

Europa Showfreight has spent £2m and significant time preparing for a no deal Brexit, and walks us through the process

Global hotel rates predicted to rise in Hotel Monitor 2020 report

American Express Global Business Travel (Amex GBT) has published its Hotel Monitor 2020 report, predicting ‘modest’ rises in hotel prices next year.

Informa announces 47% revenue growth in Q3 trading update

International exhibitions, events, information services and publishing group Informa has released financial results for the six months to 30 June 2019 highlighting continued growth and completion of its 12-month Accelerated Integration Plan (AIP), including the integration of the UBM business.

GL events grows revenues 9% in 2019

Half-year financial results from global events company GL events report a 9% rise in revenues and a ‘significant’ improvement in profitability.

Italian Exhibition Group in €20m Italian stock exchange listing

Italian Exhibition Group (IEG), one of the major players at national and European level in the organisation of tradefairs and conferences, has made its debut on Mercato Telematico Azionario (MTA) of Borsa Italiana (Italy’s stock exchange).

Automechanika ready to service booming $61bn MEA auto aftermarket

The Middle East and Africa’s auto aftermarket has been valued at US$61bn, with projected rising car sales and more manufacturing bases. The region is on target for 6% annual growth over the next six years, according to a newly published report. The new figures bode well for the largest trade exhibition for the automotive aftermarket in the Middle East and Africa, Automechanika Dubai, with organise...

Business travel on the rise in the UK despite Brexit

Advantage Travel Partnership, the UK’s largest independent travel agent and travel management company (TMC) consortium, has revealed the findings of its 2018 Hotels Market Report. The report shows that the UK regional capitals are performing strongly, with overall room nights booked growing by 8% across the top 250 UK cities. London continues to be business travellers’ favourite capital for work t...

The Valencia Conference Centre reports business up a third in 2018

The Valencia Conference Centre’s Board of Directors has reported a rise in business of almost a third last year compared to 2017. The Board was meeting to approve the venue’s annual accounts for the 2018 financial year. According to Sandra Gómez, the Valencia City Councillor for Sustainable Economic Development and Chairwoman of this self-governing municipal body, “the figures submitted consolidat...

Centaur still ‘anticipating’ disposing of selected event brands by end of June 2019

UK-based exhibition organiser Centaur Media has reported a Group revenue increase of 9% to £70.5m (US$92.9m), although revealed an underlying revenue decline of 1.6%. The company published its latest financial results which reflect increased revenues from brands including The Lawyer and Marketing Week. The trading statement said that five years of repositioning had “continued Centaur’s transition ...