business

hotel republic announces record £10.2m turnover

Hotel sales and marketing and representation company, hotel republic, has posted record turnover of £10.2m (US$13.10) its hotel conference portfolio for last year, including invoicing £1.2m in hotel fees alone. The agency also booked its biggest ever event worth £1.7m during the period, as well as 75,000 room nights which translated into £8.2m million for its Leisure hotel portfolio. Managing Dire...

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 ...