Friday, July 25, 2014

HKECIA survey shows exhibiting companies up 3.7% in 2013

News this week: Earlier this week, the Hong Kong Exhibition and Convention Industry Association (HKECIA) released the results of its 2013 annual exhibition survey. According to the survey, the total number of exhibiting companies during the year was 62,101, up 3.7% from 2012.

It was noted that exhibiting companies from all sectors recorded an increase, which included Hong Kong, Regional, International and mainland China. Notably, international exhibiting companies jumped 19%, while regional exhibiting companies grew by 5.5%. Net space occupied by exhibitors and stand rental revenues also increased year-on-year by 5.9% and 7.7%, respectively.

HKECIA’s newly elected chairman, Javed Khan, commented, “It is clear that Hong Kong remains an important destination for international and mainland businesses, which is why we are seeing a rise in exhibiting companies and visitors coming here.  The figures are also interesting in that they suggest a shift in global economic realities, as increasing numbers of international exhibiting companies are coming to Hong Kong for business opportunities.”

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.

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