Thailand Convention & Exhibition Bureau (TCEB) has unveiled its Operational Plan for fiscal year 2021 (FY2021) aimed at lifting Thailand’s meetings, incentives, conventions and exhibitions (MICE) industry out of crisis and strengthening the industry’s fundamentals for sustainability.
UFI, the global association of the exhibition industry, confirms that this year’s Global Congress will be a digital-only event, taking place from 16 to 19 November. The event’s main theme is “Resilience”.
Hong Kong Convention and Exhibition Centre (Management) Limited ("HML") today said it welcomes the announcement that the Hong Kong SAR Government will launch the Convention and Exhibition Industry Subsidy Scheme (“Subsidy Scheme”) on 3rd October 2020.
UFI, the global association of the exhibition industry, is pleased to announce the two congress hosts of the physical congress locations. The two on-site events will be hosted by Dubai World Trade Center (UAE) and by MCH Group (Switzerland).
An increasing number of markets around the world have begun to reopen business events with varying Covid-19 protocols in place. While some cities in China are now operating full calendars, increasing number of exhibitions and live events are taking place in Europe, the Middle East and North and South America. Despite the necessity to shift to digital only events in recent months, numerous studies have shown that companies are eager to return to meeting face-to-face at live events as their preferred marketing channel to reconnect with customers and suppliers and rebuild their businesses following the pandemic.
Shenzhen World, the largest trade fair venue globally, has successfully hosted the Shenzhen International Furniture Exhibition, which took place from August 20 until 23. With the gradual reopening of the exhibition business in China by the central Government many venues have restarted operations. To date, however, most shows have seen significant reductions in size and attendance.
The Thailand Convention and Exhibition Bureau (TCEB) has unveiled a new support scheme to help organisers of international tradeshows in Thailand get back to business in the wake of Covid-19.
From 19 to 21 August, the 10th Expo Project Fair for International Cooperation （Nanjing）2020 (EPFIC 2020) was successfully held in Nanjing Air-hub International Expo Center. The theme of this event was "ten years of dream building, rise in water". It was co-organized by the People's Government of Lishui District of Nanjing City, China International Conference and Exhibition Magazine Agency. The event made great breakthrough and remarkable achievements in the aspects of the number of participants and trade effect.
The German economy is currently experiencing considerable declines in sales due to the corona pandemic. Investments and private purchases are often postponed or even cancelled. At the same time, the trade fair industry, otherwise the most important instrument of business-to-business communication, has difficulties getting back on track, partly because many exhibiting companies are now asking themselves: do we rely on trade fair participation to get our own business going? Or do we rather prefer waiting until the industry recovers, because then the success of the trade fair will probably be greater and other basic conditions will have improved?
UFI and Explori are today releasing new findings from the ongoing “Global Recovery Project” research. The study programme is conducted by live events research specialists, Explori in partnership with UFI, the global association of the exhibition industry and supported by SISO, the Society for Independent Show Organizers.
The event will once again bring enormous impact in developing Malaysia’s business events tourism sector. Brought to you by Malaysia Convention & Exhibition Bureau (MyCEB), MBEW will take place on 24 and 25 August 2020 at the World Trade Centre, Kuala Lumpur.
IELA’s recovery programme IELA Reload was a real Incubator of ideas for the future, spreading the fighting spirit to empower IELA members to succeed in the New Now, anticipating & rebounding by limiting losses and boosting strengths in profitable service areas. Launched on May 4th 2020, the programme had four pillars: E-Learning sessions – Regional IELA Talks – Recovery Talks and Rediscover of Tools.
The UFI presidential trio for the 2020/21 term will therefore comprise of: Monica Lee-Müller (managing director of Hong Kong Convention and Exhibition Centre (Management) Limited (HML), Hong Kong), incoming president Anbu Varathan (Indian Machine Tool Manufacturers’ Association - IMTMA, India), president 2020/21 Mary Larkin (Diversified Communications, Portland, USA), outgoing president
Dmg events, organiser of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), and with the support of its strategic partner and host, the Abu Dhabi National Oil Company (ADNOC), has announced that the ADIPEC Strategic and Technical Conference will take place virtually between November 9 and 12, 2020.
UFI, the Global Association of the Exhibition Industry, has released the latest edition of its flagship Global Barometer research, which takes the pulse of the industry. The report highlights the severe impact of the Covid-19 pandemic on the exhibition industry worldwide. Globally, 85% of companies declared their overall level of activity was “normal” in January. This quickly dropped to 15% in March, to reach between 5% and 6% in April, May and June. For both April and May, 73% of companies worldwide declared “no activity”.
For months now, the trade show and event industry is on lock down. First steps into a “Corona-normal” are done with solutions like Hybr.id Space a showroom which is connecting onsite and online to a “phygital” marketplace. Using this innovative space shows even more: People are looking for face2face meetings, the need of running trade shows gets touchable.
Collaboration and a United Voice are key in the Advocacy work that is needed to be done. Being among one of the first economies to be shut down and now one of the last to be activated, IELA Reload invited with great interest a panel discussion from Africa to give their insight on the situation in their region in the event and exhibition industry.
The EMECA association, which represents the European major exhibitions centres, alerts on the urgency of their reopening and calls for strong financial support from European and national public authorities to ensure the survival and the economic recovery of an entire industry.
The 5th edition of Global Exhibitions Day (GED) 2020 spread the message “exhibitions are key to rebuilding economies” across the globe. From videos to meetings with policy makers, webinars to hybrid events, webcast to social campaigns, bingo, cakes, virtual running parties, and more, people and organisations from at least 114 countries/regions got involved in GED 2020.
The Hong Kong Convention and Exhibition Centre (HKCEC) is ready to welcome events back to Hong Kong. With a series of preventive measures in place, the HKCEC welcomed the city's first exhibition since the Covid-19 pandemic. The 98th Hong Kong Wedding Fair, a three-day local consumer exhibition rescheduled from February, was held successfully during 22-24 May, attracting soon-to-weds and couples for wedding products and services.
The Hong Kong Exhibition & Convention Industry Association (“HKECIA” and “the Association”) presented results of the latest member survey “Impact of Covid-19 to Hong Kong Exhibition & Convention Industry” (“Survey”) to representatives of Commerce and Economic Development Bureau, Hong Kong Special Administrative Region (“HKSAR”) on 11 August 2020 and urged the authority to provide more support to help Hong Kong exhibition and convention industry ride out Covid-19 storm.
In the meeting on 11 August
2020, the newly elected chairman Stuart Bailey and office bearers explained to
the senior government officials the biggest challenges faced by the industry
and asked the government to provide immediate financial and policy support in
addition to the Convention and Exhibition Industry Subsidy Scheme (“Subsidy
Scheme”) under the HKSAR Anti-epidemic Fund.
91% of survey respondents state that the Subsidy Scheme with a commitment of HK$1,020 million to subsidise participants and organisers of convention and exhibition activities was insufficient. Part of the Subsidy Scheme subsidises private organisers of exhibitions and international conventions held at the Hong Kong Convention and Exhibition Centre and AsiaWorld-Expo 100% of the venue rental. Due to the third wave of Covid-19 in Hong Kong, there are further postponements or cancellations of public exhibitions originally scheduled for this summer and the start day of the Subsidy Scheme (originally 24 July 2020) was deferred by HKSAR government without a new start day. No event organiser has received any subsidy under the Subsidy Scheme so far.
The HKECIA member Survey was conducted from 23 to 30 July 2020 among all 115 HKECIA members. 59 members have responded and completed the survey, with 31% being event organisers and 69% non-organisers. Here are some of the key findings:
From the 18 organiser respondents alone, 52 exhibitions and conferences have been cancelled or postponed and these events expected to draw over 54,000 exhibiting companies and over 3.4 million of visitors;
98% of respondents claim that the impact of Covid-19 on their business is either severe or extremely severe;
89% of organiser respondents and 59% of non-organiser project more than 12 months for their business to recover; and
All organisers respondents project a loss of revenue in year 2020 with 36% of them projecting a loss of over HK$100 million in 2020.
3 biggest challenges faced by HKECIA members:
Loss incurred by postponement or cancellation of events;
Lower market demand; and
Uncertainty due to government’s policy, e.g. social distancing, immigration control, compulsory quarantine regulation, etc.
91% of respondents claim the Subsidy Scheme does not provide sufficient assistance to their companies
Impossible for organisers to move forward with exhibitor recruitment and overseas buyer promotion due to the uncertainty on the pandemic and travel restriction; and
Uncertainty of the start-day of the Scheme may cause financial loss as some organisers would have already given discounts on participation fee to exhibitors.
HKECIA members also expressed through the survey that more and concrete government policy support is crucial to the industry revival. Some of the suggestions are:
Exercise greater flexibility for the compulsory quarantine regulations imposed on foreign business travelers if they come with valid health document. For instance, if travelers are tested negative for Covid-19 within 72 hours before their flights to Hong Kong, they can enter and stay in HK for maximum seven days without compulsory quarantine.
Speed up the formation of “travel bubbles” with countries and regions with few Covid-19 cases
Extend the Scheme period from 12 to 24 months as some organisers project the industry will need more than 12 months to recover.
As the Scheme does not apply to exhibition related service providers (non-organisers) who don’t generate any income until events resume, the government is asked to provide one-off special business operation support fund to convention and exhibition related businesses (non-organisers)
Provide office and warehouse rental subsidies
Conduct aggressive promotions by government agency to highlight Hong Kong is safe and international events are ideal platforms for trade and exchange.
HKECIA chairman Stuart Bailey stated, “Only four small-scale consumer exhibitions took place from February to July. All other exhibitions and conventions scheduled to take place have not been held. No event being held means that there has been zero cash generated by organisers, venues, and suppliers to the industry. The Subsidy Scheme, however, is only able to assist the convention and exhibition sector once it is practicable for events to resume, a point which we have yet to reach. We urge the government to provide immediate and additional financial assistance for event organisers and event related service providers.
“Apart from immediate financial assistance, we seek clarity from the government on matters relating to travel restrictions, and to demand much greater transparency around the reviews of the compulsory quarantine arrangements for countries / regions that have a good record against the pandemic.” added Bailey.
Bailey stressed that the exhibition industry plays a critical role for the Hong Kong economy and has contributed significant economic benefits to Hong Kong by generating spin-offs for related industries, e.g. hotels, restaurants, transport, retail, etc), creating numerous jobs and business opportunities for small and medium enterprises, and enhancing Hong Kong’s international image and reputation. Exhibitions need to come back strongly to support the recovery of trade and business in Hong Kong.
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