This Just In
  • AVIXA, organizer of InfoComm in Las Vegas, is teaming with InfoCommAsia to launch InfoComm Southeast Asia in Bangkok May 15-17, 2019.
  • Shomex Productions will partner in the Unmukt Festival, which will target the senior citizen market in India and launch in December.
  • Lance Fensterman has been promoted to President of Global ReedPOP, the pop culture division of Reed Exhibitions.
  • The Las Vegas City Council votes April 4 on a proposal to build a new $76 million 350,000-sf downtown exhibition center.
  • Hilton will cut commissions to housing firms and other agencies that book room blocks at its U.S. and Canadian hotels from 10% to 7% in Oct.
  • The Reno-Sparks Convention & Visitors Authority announced a 4-year deal for SMG to operate four major Reno-Sparks venues.
  • RetailX will co-locate GlobalShop, Internet Retailer Conference & Exhibition (IRCE) and RFID Journal LIVE! June 2019 in Chicago.
  • Freeman is launching cloud-based digital floorplan management system BlueprintTM in the U.S. to make real-time booking data available.
  • A new CEIR report provides benchmarks for all phases of a marketing campaign and details characteristics for success in growing attendance.
  • Mad Event Management is launching UAS/Drones for Disaster Response April 19-20 in Miami. First responders are the target audience.

Latest UFI Report Shows Synchronized Growth Globally

Mike Thomas
, News Writer
July 20, 2018
Share On:

PARIS — Some important industry metrics are up in the latest edition of UFI’s Global Exhibition Barometer. The survey ended in July 2018 and includes data from 312 companies in 55 countries.

For the first time in more than a decade, all four global regions reported a “positive turnover development.” Operating profit is up, too, with more than 40% of companies from all regions reporting a 10% increase over 2016. Nonetheless, 2018 numbers are predicted to decline. 

In terms of top business issues for the trade show and events industry, No. 1 remains the “state of the national/regional economy,” followed by intra-industry competition and global economic developments. Additionally, there’s been slightly more digitization within the industry. 

“Bringing people and industries together is and remains great business,” UFI Managing Director and CEO Kai Hattendorf told Trade Show Executive. “And just as the global economy had been growing in all global regions simultaneously, so has the exhibitions and business events industry.”

The business model of international exhibitions also is resilient to political, social and environmental challenges, Hattendorf went on, “and that is reflected in the expectations for the coming months. While fewer companies expect their profits to grow in the double digits than did so a year back, the signs still are pointing to profitable growth on the global scale.”

The study can be downloaded at www.ufi.org/research

Reach Kai Hattendorf at (33) 1 46 39 75 00 or kh@ufi.org

Share On: