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.”
This post is excerpted from BSG's weekly e-newsletter
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