Event Industry Latest News - December
Let's find out what happened in the event industry in the last month of 2023! Check it out!
In 2024, the business meetings and events industry is set to prioritize industry standards and accreditation to enhance trust and market the UK as a top-tier destination, according to Kerrin MacPhie, Chief Executive of the Meetings Industry Association. Warren Campbell, General Manager of 15Hatfields, predicts a shift towards digitalized and data-driven events for greater revenue generation and increased focus on sustainability. Jess Gallagher, Venue and Hospitality Manager at The Royal Society of Chemistry, notes the continued interest in events with a nostalgic and heritage focus, urging venues to blend tradition with modern innovation.
EventWorks, the Southeast's premier event rental provider, and Quest Events, a leading drape and scenic elements provider, have announced a strategic merger to strengthen their positions in the event industry. This collaboration aims to seamlessly integrate their services, offering a broader selection to a diverse clientele across multiple locations. The combined organization, boasting around 780 team members and managing over 550,000 square feet of warehoused equipment nationwide, is set to support approximately 50,000 events annually. Both CEOs express excitement about the merger, emphasizing the creation of unique offerings for social and corporate markets. The teams are expected to integrate smoothly in the coming months, enhancing the overall rental experience for clients.
Lindsay Krehbiel, an event sales coordinator at Smithbucklin, has been chosen for the 2024 class of PCMA's "20 in Their Twenties" program, recognizing emerging leaders in the global business events sector. In her year at Smithbucklin, Krehbiel has shown dedication to association events, displaying strong leadership and problem-solving skills. Smithbucklin commends her well-deserved recognition, reflecting the company's commitment to nurturing talent in the industry. Beyond her professional role, Krehbiel actively contributes to the Smithbucklin community and serves as a coach for junior high school basketball and volleyball. She will be honored at PCMA's Convening Leaders 2024 event in San Diego from Jan. 7-10.
The Annual Events Industry Salary Survey, sponsored by Cvent, reveals a significant gender pay gap in the UK events industry, with men holding higher salaries and senior positions. The survey, encompassing over 1,300 respondents, highlights that 42% of men earn over ￡65,000, while only 20% of women fall in the same bracket. Leadership roles also show a disparity, with 38% of men in boardroom chairs compared to 23% of women. Despite calls for gender parity, the data underscores the industry's ongoing challenge in addressing these inequalities. The survey emphasizes the need for the events sector to prioritize diversity and inclusion to create a more equitable and fairly compensated workforce.
Net Zero Carbon Events (NZCE) unveiled seven sustainability guides at a hybrid press release at ExceL London during the COP Summit, aimed at steering the events industry towards a net-zero goal. Led by James Rees, supported by the United Nations Framework Convention on Climate Change (UNFCCC), the initiative focuses on principles like "Measurement, Reporting & Verification" and "Activation & Adaptation." Future projects will address reporting, standards, certifications, and reusable stands, prioritizing greenhouse gas reductions. Industry leaders, including UFI's CEO Kai Hattendorf and COOs of RX and Informa Markets, stressed the urgency of implementing the guidance for tangible results, with a shift expected in 2024. Success hinges on translating ambitious principles into concrete actions, fostering a culture of accountability, and investing time and resources into sustainable practices.
This month on BizBash Meetings & Trade Shows, the focus was on climate change and its potential impact on global meeting and event trends, considering the rise in extreme weather events. The article explores how shifts in destinations may influence group gatherings. Additionally, there's an in-depth coverage of the 2023 edition of MJBizCon, the world's largest B2B cannabis event. The interview with the event's chief revenue and experience officer covers engaging first-time attendees, diversity and inclusion efforts, and off-site events at Las Vegas' first cannabis-friendly hotel.
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The joint development partnership between Macao and Hengqin, known as MICE2, has resulted in a surge of event wins, with Macao set to host 1,000 events by the end of 2023. The collaboration demonstrates the feasibility of hosting multi-venue events across both cities, receiving positive feedback from organizers citing outstanding infrastructure and support. Hengqin's emergence as a hub for sci-tech R&D, high-end manufacturing, finance, and cultural tourism complements Macao's strengths, making both destinations suitable for events in these industries. Notable events, such as the 2023 Macao International Environmental Co-operation Forum & Exhibition and The 28th Macao International Trade and Investment Fair, showcased the success of the multi-venue model.
World Express has secured the role of Destination Management Company (DMC) for the inaugural The Meetings Show Asia Pacific, scheduled for April 17-18, 2024, at Marina Bay Sands in Singapore. Recognized as the Best DMC (Asia) at the M&C Asia Stella Awards 2023, World Express will manage housing, ground logistics, themed events, team-bonding activities, networking, special interest tours, logistics management, and VIP meet and greet services for show participants. The Meetings Show Asia Pacific, organized by Northstar Travel Group, marks the Asia Pacific debut of the long-standing 'The Meetings Show' brand, supported by the Singapore Tourism Board. The event will feature global exhibitors, pre-qualified and hosted buyers, a unique pre-scheduled meetings platform, a thought-provoking education program, and high-quality networking events. The DMC's five decades of experience as a "Made in Singapore" brand adds expertise to the event's success.
Macao's Galaxy International Convention Center (GICC) is set to redefine the city's event landscape with 40,000 sqm of flexible MICE space, catering to the tech-savvy and discerning delegates seeking immersive experiences. The GICC, part of the larger Galaxy Macau complex, offers access to accommodation, dining, shopping, and entertainment options. Recognized for its sustainability efforts, GICC is the first MICE venue in Macao to achieve Gold Certification from LEED? and Silver Certification from EarthCheck. The versatile GICC features a ground-level conference area, a pillar-less exhibition hall, and a 620-seat auditorium, designed for diverse events. The venue's immersive experiences, innovative technologies, and in-house professionals make it a destination for memorable and tailor-made events.
The Net Zero Carbon Events initiative, a global industry-leading effort, has released seven guidance documents covering key areas for achieving net-zero carbon events: Venue Energy, Smart Production and Waste Management, Logistics, Travel and Accommodation, Food and Food Waste, Offsetting, and Measurement. These documents, launched at ExCeL London, provide actionable insights and strategies for organizations worldwide to develop and implement net-zero plans. The initiative, supported by the Joint Meetings Industry Council (JMIC) and endorsed by the United Nations Framework Convention on Climate Change (UNFCCC), aims to create an industry-wide standard pathway to net-zero carbon events. The guidance documents cover detailed information on measurement, smart production, waste management, logistics, and other critical areas. Looking ahead, the initiative plans to shift its focus from development to implementation in 2024, supporting organizations in adopting the guidelines and emerging standards.
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Agorify is an all-in-one event management platform and app that allows event organizers to manage every aspect of their event, regardless of whether it is an onsite, online, or hybrid event.
Our solutions include but are not limited to registration and ticketing, badge creation, lead retrieval, self-check-in and badge printing, digital agenda, AI Event Chat assistance, native-live streaming, simulated streaming, virtual round tables, breakout rooms, and much more!