Friday, July 18, 2014
News this week: Earlier this week, UFI, the Global Association of the Exhibition Industry, announced the results of its 13th Global Exhibition Barometer Survey, with a majority of respondents reporting a continual increase in revenues since 2011 which is expected to continue in the coming year. The survey was answered by 201 companies from 63 countries.
According to the survey, an average of 70% of companies in all regions declared an increase in revenue in 2014. However, 56% of the respondents declared that the impact of the “economic crisis” on their business is still ongoing with most anticipating its end in 2015. At a national level, a relative slowdown is expected in China where 25% of respondents declared an increase of 10% of their annual profit for 2014, compare to 52% for 2013.
Paul Woodward, UFI’s managing director, commented, “Our survey confirms that the exhibition media remains globally strong despite continuing economic challenges. UFI’s Global Barometer has become an important indicator for the industry and its stakeholders. Building on these encouraging results, we are planning to further develop the national insights that we introduced for the first time in this edition of the report.”
News this week: The Thailand Convention and Exhibition Bureau (TCEB) announced the securing of a host of major international MICE events scheduled for the second half of 2014 and into 2015.
Recent major trade shows secured include Food & Hotel Thailand 2014, Intermach 2015 and ProPak Asia 2015. A long list of international conventions and congresses include the 10th International Mycological Congress, IT&CMA Asia, CTW Asia Pacific Corporate Travel World 2014, 74th FIP World Congress of Pharmacy and Pharmaceutical Sciences 2014, which is expected to draw more than 2,000 delegates, and the Harmony World Puppet Carnival, which is expected to draw more than 30,000 attendees. Another event, the Unicity Global Convention is expected to attract more than 50,000 business travellers.
Mr Nopparat Maythaveekulchai, president of TCEB, commented, “Winning major bids for international MICE events of this calibre, which will take place in Thailand from the second half of 2014, reflects the strong international confidence business communities around the globe have in Thailand. We look forward to extending our famous warm Thai hospitality and world-class MICE services to 157,930 high quality business travellers during the final quarter of the 2014 fiscal year.”
News this week: Earlier this week, the 25th edition of the Hong Kong Book Fair opened at the Hong Kong Convention & Exhibition Centre (HKCEC). The week-long event runs through to next Tuesday, 22nd July.
The organiser, the Hong Kong Trade Development Council (HKTDC), expects a record 570 exhibitors from 31 countries and regions. Beyond the exhibition itself, the HKTDC states that there are some 300 culture-related events being held during the book fair’s run.
The exhibition was opened on 16th July by Carrie Lam, the Hong Kong SAR Government’s Chief Secretary for Administration – along with HKTDC’s Executive Director Fred Lam.
News this week: The 25th edition of the (extensively named) “Malaysia International Packaging and Labeling, Food Processing and Bakery Equipment and Plastic, Mould and Die Exhibition” was held in Kuala Lumpur last week.
Organised by ES Event Management, the exhibition was expected to attract 15,000 trade visitors from Malaysia and across Asia. In addition, more than 400 companies occupied some 800 booths at the Putra World Trade Centre.
Speaking at the exhibition, Deputy International Trade and Industry Minister Datuk Lee Chee Leong pushed Malaysian businesses to be more competitive and internationally-focused. He was quoted as stating, “It is very important for the local players to grow and become globally competitive, through product innovation and improved productivity, as well as venturing into the global market.”
News this week: The refurbished sPICE venue in Penang has been operating as an exhibition hall despite the fact that construction continues on some of the facilities. Formerly known as the Penang International Sports Arena (PISA), it is now known as the Penang International Convention and Exhibition Centre (sPICE).
The SPICE venue is managed by S P Setia Berhap Group and it currently offers 3,100 m2 of exhibition space. The completed complex will offer convention space, retail shops, restaurants and hotels.
Kheng Ho Yeoh, senior manager of sPICE, commented, “sPICE Convention Centre is the main convention and exhibition hall, spanning 4,500 m2 and able to accommodate 450 banquet tables, 260 exhibition booths and 8,000 people for theatre style seating… The completion of the main Spice Convention Centre is estimated to be in the third quarter of 2016, followed by the business-class hotel a year later.”
News this week: Messe Frankfurt announced the acquisition of two trade shows in India through its subsidiary Messe Frankfurt Trade Fairs India Pvt Ltd. The international organiser acquired the LED Expo and Media Expo from New Delhi-headquartered Media Exposition & Events (MEX) for an undisclosed sum.
LED Expo and Media Expo are focused on the LED lighting and components market and the signage, retail and advertising solutions industry respectively. Both shows were promoted by MEX Exhibitions Pvt Ltd. According to Messe Frankfurt, the newly acquired shows will take the total number of events organised by Messe Frankfurt Trade Fairs India to 14.
Mr Gaurav Jeet Singh, director of MEX, said “We will continue to work closely with Messe Frankfurt to ensure a smooth transition and to further enhance these two events as they enter the next stage in their development. We also look forward to cooperating together with Messe Frankfurt on other events in India in the future as the opportunity arises.”
This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.
Friday, July 11, 2014
News this week: Hannover Fairs International, a subsidiary of Deutsche Messe, has been named as the operator of the new Indonesia Convention Exhibition (ICE) centre. ICE is currently under construction in BSD City located on the outskirts of Jakarta, and is expected to open in early 2015. The new venue will reportedly consist of 50,000 m2 of indoor exhibition space, 50,000 m2 of outdoor space, and a convention centre offering 4,000 m2 of floor space.
The contract signing took place in Jakarta on 8th July 2014 with venue investors PT Indonesia International Expo (PT IIE) and Media Sinar Global (MSG), and Hannover Fairs International. PT IIE is a subsidiary of Sinarmas Land Group and Kompas Gramedia Group, one of Indonesia’s leading real estate developers and media companies, respectively.
Danny Budiharto, PT IIE’s president director, said, “With a total investment of Rp3.8 trillion (US$327 million), we believe our investment will not only benefit us, but also the city, which currently has only two convention centres namely the Jakarta Convention Center and JIEXPO in Kemayoran. We hope that this will also help boost the growth of the MICE business in Indonesia.”
News this week: Thailand’s Bangkok International Trade and Exhibition Centre (BITEC) announced construction work to expand the venue has begun. The Bhiraj Buri Group, owner and operator of BITEC, will reportedly invest a total of US$187 million into the expansion project, which is scheduled for completion in the fourth quarter of 2016.
According to BITEC, the expansion will add more than 37,800 m2 of exhibition space over four exhibition halls, as well as three conference halls and a 29-storey office building. Upon completion, BITEC will offer around 70,000 m2 of exhibition space over 10 halls along with six conference halls.
Ms. Panittha Buri, managing director of BITEC, was quoted saying, “In 2013, the company achieved the occupancy growth by 27%. Therefore, the company invested in the second phase of BITEC on an area of more than 37,800 square meters. Coupled with the existing usable space for exhibition at 32,000 and conference at 5,800 the total of BITEC’s exhibition space will expand to 70,000 square meters. The construction is scheduled to finish by 2016.”
News this week: International exhibition organiser, Messe München International (MMI), will launch a new sports exhibition in Shanghai next year. ISPO Shanghai will take place at the Shanghai New International Expo Centre (SNIEC) from 2nd to 4th July 2015.
New exhibitor product categories were also identified by MMI, which will reportedly include Outdoor, Action, Water Sports, as well as Performance and Fitness. According to MMI, more than 70 exhibitors and 1,000 visitors were interviewed to determine the location and date of the new show. ISPO Shanghai will join MMI’s ISPO portfolio of shows, which also includes ISPO Beijing in China.
Launched in 2005, the latest edition of ISPO Beijing took place from 19th to 22nd February 2014 at the China National Convention Center, attracting 637 exhibitors and about 30,000 industry visitors.
News this week: Earlier this week, the Hong Kong Trade Development Council (HKTDC) held its 21st edition of Hong Kong Fashion Week for Spring/Summer at the Hong Kong Convention and Exhibition Centre (HKCEC). The event ran from 7th to 10th July, featuring some 1,250 exhibitors from 19 countries and regions.
First time exhibitors this year included companies from Madagascar, Morocco, Thailand, the U.A.E. and the U.K. A total of seven group pavilions were hosted at the event – which was themed “Cruise Sensation” this edition. According to the HKTDC, the debut of the group pavilion from Thailand was the largest in size. In addition, two new product areas were also added to the event, namely, Activewear & Sportswear, and Cashmere & Wool.