Oct 03, 2018
Demand for meetings and events is on the rise. According to the recently released CWT Meetings & Events 2019 Meetings & Events Future Trends report, the meetings market will see an increase of five to ten percent in 2019. “The global meetings and events industry can look forward to a buoyant 2019,” said Kurt Ekert, President and CEO of Carlson Wagonlit Travel (CWT). “On top of growing demand worldwide, we also expect global hotel rates to rise 3.7 percent, and flight prices 2.6 percent.” In most regions, meeting attendance numbers are also projected to grow, with a 14 percent… more
Sep 27, 2018
Event marketing fuels rapid revenue growth for enterprise companies, according to a new study by Harvard Business Review Analytic Services and Splash, a New York City-based provider of end-to-end event marketing software. Titled, “The Event Marketing Evolution: An Era of Data, Technology, and Revenue Impact,” the report confirms a new era for event marketers in which high-performing companies are investing more in event technology and accurately tying event activity to actual revenues or profits. The study, which surveyed more than 700 enterprise executives and shares impactful insights on… more
Sep 20, 2018
A little over a year ago, we started planning the content and format for Corporate Event News. On Sept. 20, 2017, the publication was officially launched as a platform to bring relevant and timely news, data, tools and information to corporate event professionals around the globe. Thank you for reading the articles and blog posts, and contributing your thoughts, ideas and suggestions. A number of you took the time to respond to our July reader survey, and the results may interest you.   Corporate Event News readers bring a tremendous amount of industry expertise to the table. Thirty-one… more
Sep 13, 2018
In the wake of the #MeToo and #TimesUp movements, addressing workplace harassment has never been more important or timely, including in the events industry. To address this pressing issue, the Events Industry Sexual Harassment Task Force will be hosting its first webinar on Sept. 26 at 11 a.m. ET, which is free and open to the public, with attendance within the events industry encouraged. Titled “Understanding and Eliminating Workplace Harassment,” this interactive webinar will define workplace harassment, review the different types of sexual harassment and give participants a chance to make… more
Sep 12, 2018
Event registration and ticketing platform company Eventbrite plans to go public. The company filed for an initial public offering (IPO) on Aug. 23, stating that it intends to raise $200 million from sales of its Class A shares. Goldman Sachs, J.P. Morgan, Allen & Company and RBC Capital Markets are underwriting the IPO, and Eventbrite stock will be listed on the New York Stock Exchange (NYSE) with the ticker symbol “EB.”   On Sept.7, Eventbrite announced that it plans to sell 10 million shares priced at $19 to $21 each, to raise $200 million at the midpoint of that range. The valuation… more
Aug 22, 2018
The fifth annual Carlson Wagonlit Travel (CWT) and Global Business Travel Association (GBTA) Global Travel Forecast was released in late July.  According to the report, travel prices are expected to rise sharply in 2019 — something planners should be aware of when contracting hotels and planning for travel. Globally, hotel prices are expected to rise by 3.7 percent and flights by 2.6 percent. In North America, hotel prices will go up 2.1 percent – 5 percent in Canada and 2.7 percent in the United States. The report states that airfares are likely to become more expensive due to rising in… more
Aug 13, 2018
Meeting Professionals International (MPI) has published its Summer 2018 Meetings Outlook report. The Meetings Outlook series, which presents industry trends and predictions from MPI members, is developed in partnership with MGM Resorts International and supported in partnership with the IMEX Group. The 2018 Summer report identifies trends including increased complexity in contracts and negotiation, particularly around attrition clauses. As alternative housing services such as Airbnb and usage of hotel pricing comparison sites such as Trivago grow, it becomes more and more difficult to keep… more
Aug 08, 2018
Production Resource Group LLC, (PRG), believes that partnerships are key to success. The entertainment and event technology solution provider recently announced new relationships with six companies that will extend and expand their collective reach.   “PRG is known for its event innovations that help companies and brands tell a story,” said Jim Kelley, vice president of marketing and industry relations for PRG. “By aligning with these niche service providers, we are able to provide cutting-edge solutions that complement what PRG offers to corporate and event clients,” he added. The new… more
Jun 18, 2018
Caesars Entertainment Corporation just reinforced its commitment to fight climate change by setting science-based targets to drastically reduce greenhouse gas emissions from the company and throughout its supply chain. Targets adopted by companies to reduce greenhouse gas (GHG) emissions are considered "science-based" if they are in line with the level of de-carbonization required to keep global temperature increase below 2 degrees Celsius compared to pre-industrial temperatures. The Science Based Targets initiative (SBTi) is a collaboration among CDP (formerly known as the Carbon… more
Jun 07, 2018
Last year, Meeting Professionals International (MPI), in conjunction with the National Center for Spectator Sports Safety and Security (NCS4) developed the MPI Academy Emergency Preparedness for Meetings and Events Certificate Course. Now, MPI has created a new asset designed to serve as a reference tool for planners to use in developing safety and security plans and procedures.   “The Essential Guide to Safety and Security: Best Practices for Meeting and Event Planning 2018” contains best practices to help meeting and event planners identify vulnerabilities, protect assets and mitigate… more