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 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.
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.
As authorities around the world are increasingly clearing business events to run again, organisers of conventions and exhibitions, as well as venue and center operators need to put respective measures in place that create safe environments for participants.
UFI, the global association of the exhibition industry, is today releasing the first global numbers that reflect the impact that trade show postponements and cancellations are having for both the exhibiting companies as well as for the trade show industry around the world.
“Globally, the fact that more than 500 trade shows have not taken place
in recent weeks is creating an escalating ripple effect for whole
industries”, says Kai Hattendorf, UFI managing director. On every show
floor, business gets done. Based on UFI data, the orders that
exhibiting companies are currently not securing already add up to 23
billion euros (26.3 billion USD) globally. Of this, UFI estimates lost
orders of around 13 billion euros (14.6 billion USD) in Asia/Pacific,
and 9.7 billion euros (11.1 billion USD) in Europe. As additional
events continue to be postponed, these numbers will rise further in the
weeks to come.
As an industry, the exhibitions industry generates a total economic output of 22.9 billion euros (26.2 billion USD) per month globally on average, translating into more than 270,000 FTE jobs. Based on the current numbers and size of the events not taking place, 14.4 billion euros (16.5 billion USD) of economic output have already been lost. Hardest hit is Asia/Pacific, where the impact is already reaching more than 8.4 billion euros (9.6 billion USD). In Europe, with an ongoing wave of postponed and/or cancelled shows, the impact is already reaching 5.8 billion euros (6.6 billion USD). Calculations for other regions are underway.
Many of the events that are not taking place this quarter are being postponed – and rescheduled to take place later in the year. This may help to reduce the mid-to-long-term impact. “But even short-term postponements have an immediate impact because they delay scheduled business and revenues. This poses an existential risk, in particular for small and medium-sized companies”, says Christian Druart, UFI research manager.
“These numbers stress the critical importance exhibitions play in any economic recovery – market places and meeting places are the fastest fast track to drive any economic recovery”, says Hattendorf. “We rely on the joint efforts from policymakers and global leaders to ensure that the companies that organise these events, creating those necessary market and meeting places, will be able to continue to fulfil that role in the future. All of these companies are already suffering massively under the current wave of postponements and cancellations”, he concludes.
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Trade fairs and trade fair companies need to constantly further develop, become more agile and flexible and offer services all year round. New, digital offerings are very important here. With its TrustedTargeting technology, Messe München offers its customers access to leading business-to-business decision-makers on the Internet.
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Planners of corporate events always need to be up-to-date. Planning and implementing, and hence the job of an organiser, are constantly changing.