Mar 17, 2023
Denver is readying for a future boost in meetings and conventions business, with vertical construction of the $233 million expansion of the Colorado Convention Center recently culminating in a commemorative “topping out” ceremony, as the project remains on schedule for a late 2023 opening.
“This is a welcome milestone in the progress of the expansion, which will assist us with booking multiple groups simultaneously to maximize capacity,” said Richard W. Scharf, president and CEO of VISIT DENVER. “Ultimately, these improvements will pay huge dividends for years to come by generating new… more
Mar 17, 2023
TSNN, the top online news source for the trade show industry, launched Exhibitor News Network (ENN), a new website, e-newsletter and social channels (LinkedIn, Twitter, YouTube, Facebook and Instagram) for exhibit management and event marketing professionals who participate in U.S. exhibition industry, valued at the $101 billion, according to the Center for Exhibition Industry Research (CEIR). Exhibitors represent 70% of the revenues generated from the trade show industry, CEIR research finds.
This new online hub for industry news, insights and original content will focus on information,… more
Mar 16, 2023
London, U.K.-based event organizer Hyve Group has been sold to media-focused equity investment firm Providence Equity Partners, based in Providence, R.I.
In a joint statement, Providence Equity Partners said it had agreed to a buyout deal paying $1.30 (£1.08) in cash for each Hyve share — a bid that gives the international event organizer an equity value of more than $386 million (£320 million) and an enterprise value of $579 million (£481 million). Hyve had previously rejected two offers from Providence worth $1.22 (£1.01) and $1.26 (£1.05) per share.
This is the third largest… more
Mar 14, 2023
Industry-leading meetings, events and hospitality technology provider Cvent Holding Corp. (“Cvent”) has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone for approximately $4.6 billion.
According to company officials, under the terms of the agreement, Cvent stockholders will receive $8.50 per share in cash, which represents a premium of 52 percent to the volume weighted average share price over the 90 days prior to Jan. 30, 2023 – the day before media reports were published of a potential transaction.
As part of the transaction… more
Mar 09, 2023
Two major trade shows recently returned to Las Vegas with robust attendance and expanded footprints pushing the boundaries of pre-pandemic levels. Check them out!
World of Concrete
World of Concrete, the world’s largest trade show for the commercial concrete and masonry construction industries, held its 49th annual event at the Las Vegas Convention Center (LVCC) Jan. 17-19. With 48,000 registered professionals, heavy show floor foot traffic and more than 120 countries in attendance, the event further solidified itself as the critical meeting place for industry advancement, according to… more
Mar 09, 2023
In the largest post-pandemic exhibition acquisition deal by far, Informa has bought Tarsus Group from private equity firm Charterhouse Capital Partners for $940 million. The acquisition was funded with cash and $210m of new Informa shares.
"We have long admired the Tarsus business which, like Informa, has been built around major brands in attractive, specialist B2B markets in the growing regions of Asia, China, the Middle East and the Americas,” said Informa Group CEO Stephen A. Carter.
The Informa Board believes the combination is both commercially and financially compelling, with strong… more
Mar 03, 2023
Early bird discounts are still popular, but half of trade show attendees are registering less than one month out, according to part two of TSNN’s attendee registration survey.
According to the survey, 83 percent of show organizers offer early bird discounts or a limited number of tickets for attendee registration, while only 17 percent do not.
“Early bird discounts continue to influence registration patterns, although attendees tend to register later in the show cycle now, which has shifted the early bird strategy on some events,” said Jacy Barker, senior director of marketing services at… more
Feb 28, 2023
For a large B2B trade show, there’s nothing better than starting off a new year with robust, record-breaking participation. Case in point: Dallas Market Center’s January Apparel & Accessories Market, the largest U.S. marketplace for women’s apparel, accessories and footwear. Held Jan. 10-13, the venue’s largest event in years enjoyed an overall attendance increase versus pre-pandemic shows and featured an expanded marketplace of approximately 750 exhibitors, including new permanent showrooms and temporary exhibitors.
In addition to overall participation gains, the January show welcomed… more
Feb 27, 2023
The U.S. will soon be getting a new global B2B event focused on data, analytics and machine learning and artificial intelligence (MLAI). Set to launch April 10-11, 2024 at Javits Center in New York City, Data Universe will bring together businesses and industry professionals representing the entire data universe, including analytics, MLAI, strategy, operations, governance and more.
Created and produced by leading global event producer RX, the annual education-led event will feature groundbreaking content and will build in collaboration with RX’s leading data event in the UK, Big Data LDN (… more
Feb 24, 2023
Taking place each February, Black History Month is an ideal time to honor and celebrate the achievements of Black people in the events industry and beyond and renew our commitment to continue fostering diversity, equity and inclusion (DEI).
TSNN checked in with six industry leaders to find out how their organizations support the Black community and get their advice on championing DEI.
Desirée Knight, Senior Director, Meetings and Events, American Psychological Association; 2023 Chair of the Professional Convention Management Association (PCMA)
What tips would you share with fellow event… more
Partner Voices
Dallas already boasts 35,000 hotel rooms, award-winning global cuisine, and a walkable downtown. But we are just getting started.
Visit Dallas is thrilled to announce that the city of Dallas is doubling down with a massive new convention center and entertainment district. Featuring 800,000 square feet of exhibit area, 260,000 square feet of meeting rooms, and 170,000 square feet of ballroom. The center will connect business travelers with dining and shopping options in the popular Cedars District means more places to get down to business, and even more ways to unwind.
“Dallas is already a great meetings and conventions destination, with the accessibility of two major airports, affordable labor, and an outstanding hotel product,” said D. Bradley Kent, Visit Dallas senior vice president and chief sales officer. “The new center and Convention Center District will enhance Dallas’ competitive position and are exactly what our customers’ need and have been asking for."
What’s New – AT&T Discovery District
Located in the heart of Downtown Dallas, this new district on the AT&T corporate campus is tailor-made for groups of all sizes. It boasts a multi-sensory experience, including outdoor event space, the AT&T Theater, and multiple dining outlets including JAXON Beer Garden and The Exchange, a bustling food hall.
Hotels Coming Soon
Names like the JW Marriott (Downtown), lnterContinental Dallas (Uptown), and Hotel Swexan (Uptown) are adding luxury amenities and bountiful event spaces. The projects will debut in 2023 and beyond.
JW Marriott
This new, 15-story, 283-room hotel will open in the heart of the city’s downtown Arts District this year. The property features a 25,000-square-foot grand ballroom, as well as a spa, restaurant, lobby bar, fitness center, and a rooftop pool deck and bar.
InterContinental Dallas
Located in Cityplace Tower in Uptown, InterContinental Dallas will feature sweeping panoramic views of the Dallas skyline. Guests will enjoy spacious, high-end rooms and amenities, including more than 21,000 square feet of event space.
Hotel Swexan
Hotel Swexan, a new, 22-story luxury property, is rising in Uptown’s Harwood District and will make its mark on the Dallas skyline. Opening this year, it is a sculptural building with cantilevered upper floors, as well as a 75-foot rooftop infinity-edge swimming pool and a hidden underground lounge.