News

Sep 28, 2021
MGM Resorts International has entered into a definitive agreement with New York-based private equity behemoth Blackstone Group to acquire the casino and hotel operating rights of The Cosmopolitan of Las Vegas for just over $1.6 billion.  Announced Sept. 27, the deal coincides with Blackstone’s sale of the 3,032-room Strip resort to a group of buyers for about $5.6 billion, nearly tripling its investment in the Strip property seven years after acquiring it from Deutsche Bank for just over $1.7 billion and spending $500 million on capital improvements. According to Blackstone officials, a… more
Sep 28, 2021
As the trade show industry continues its pointed focus on recovery, event organizations are once again making acquisitions, establishing new partnerships and extending existing agreements in preparation for a robust return to face-to-face events. Here’s just a sampling of some of the new business deals that have been happening across the industry since the start of the summer.  HMP Global Acquires Executive Senior Living Conference & Expo HMP Global, the world’s largest healthcare event and education company, has acquired the Senior Living Executive Conference & Expo from Argentum,… more
Sep 27, 2021
Last week, the Center for Exhibition Industry Research (CEIR) released its 2021 CEIR Index Report, which analyzes the 2020 U.S. B2B exhibition industry’s performance and provides an economic and exhibition industry forecast for the next three years. Released annually, the report is a powerful tool designed to help organizers, service providers and the financial community understand the economics of trade shows, providing the context and insights needed to help inform strategic business decisions.  Due to the pandemic, CEIR did not produce an Index Report in 2020. As an objective measure of… more
Sep 23, 2021
Guests attending or exhibiting at trade shows held at the Hong Kong Convention and Exhibition Centre (HKCEC) are going to notice a futuristic presence in their midst: a 5G smart robot combining 5G network and artificial intelligence technologies designed to enhance security and operational efficiency at the massive facility. Deployed during the Hong Kong Computer & Communications Festival, held Aug. 20-23, “Captain C” is equipped with a 360-degree 4K high-definition surveillance camera, an infrared detection camera and a sensor system for detecting smoke and fire.   According to HKCEC (… more
Sep 22, 2021
Officials throughout the tourism, exhibitions, conferences and events sectors overwhelmingly applauded the Biden Administration’s announcement this week that U.S. travel restrictions for vaccinated international visitors will be eased in November. The move reopens the country to millions of people and paves the way for a massive boost to the industry’s recovery. Starting in early November, travelers from anywhere in the world will be able to fly directly into the U.S. if they show proof of full vaccination and a negative COVID-19 test prior to boarding their U.S.-bound flight. No quarantine… more
Sep 21, 2021
London-based Tarsus Group entered into a partnership with the Hong Kong Printed Circuit Association (HKPCA) to be a supporting organization, and together with other organisers, will jointly produce the world's leading printed circuit board event, the International Electronics Circuit Exhibition Shenzhen (The IECES Show), from 2022 onwards. This is a significant move for Tarsus, which has an established history of partnering with associations on several of its leading events, including the Labelexpo Global Series, A4M and Hometex, as well as working with event partners to bolster operations… more
Sep 21, 2021
Technology and live event professionals seem to come from two different worlds. One is comfortable pivoting, disrupting and scaling, while the other focuses more on human interaction, creativity and hospitality to build impactful live experiences. But with the ever-increasing crossover of technology into the events space, both parties will be joined at the hip moving forward as event clients demand more data proofs, ROI and results.  This “new normal” in the events industry begs the question: How can event planners and technology providers understand each other better in order to work more… more
Sep 21, 2021
In what was perhaps the strongest argument to date calling for the full return of in-person professional gatherings, leaders from the business and travel sectors joined together Sept. 15 at the National Press Club in Washington, D.C. to deliver a powerful, data-driven, science-backed message: Travel for and participation in professional meetings, exhibitions and events can safely resume, and doing so will significantly accelerate America’s economic recovery.   Under the Let's Meet There initiative, the broad alliance included representatives of the American Society of Association Executives… more
Sep 20, 2021
The future is bright for the meetings and events industry in Mexico and Latin America, as evidenced by the recent in-person success of IBTM Americas, the leading annual event for the region’s meetings, incentives, conference and events industry. Held Aug. 18-19 at Centro Citibanamex in Mexico City and organized by RX Mexico, the two-day event hosted just under 8,000 business meetings and created an economic impact of more than 70 million Mexican pesos, according to IBTM officials.  More than 2,000 attendees participated in the bustling show, including more than 350 exhibitor and co-exhibitor… more
Sep 17, 2021
Gavin Escolar, a happy Uber driver, made $252,000 a year, only $36,000 of which came from his daily trips. The "Uberpreneur" made the extra money by using his car as a "showroom" for his jewelry design company. Much like Gavin, event profs too, try to make the most from organizing an event. Here are 5 ways for event profs to engage with customers and make that extra buck for their brand, virtually. Ticket sales - Ticket sales are like the mafia of events. Want to learn how to make pretty pennies from them at virtual events? Bifurcate ticketing based on: Early bird discounts VIP tickets… more

Partner Voices

Visit Dallas is thrilled to announce the approval of a 2.5 million square-foot convention center with 800,000 square feet of exhibit space and 300,000 square feet of breakout area, including 160,000 square feet of ballroom. “This news is a game changer for Dallas and will put our city on the map as the preeminent large-city convention and meeting destination in the nation,” said Craig Davis, Visit Dallas President & CEO.