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.

CEIR: Exhibition Industry Grows 1.9% in Q3

Hil Anderson
, Senior Editor
December 2, 2016
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Dallas– The trade show industry’s growth rate improved slightly in the Third Quarter, but remained just below last year’s 2.0% pace, the Center for Exhibition Industry Research (CEIR) said.

The latest CEIR Total Index issued November 29 reported that industry growth reached 1.9% during Q3, up slightly from 1.6% in Q2 and just shy of the 2.0% recorded in Q3 2015. The gains marked the impressive 25th consecutive quarter of overall growth for the CEIR Total Index.

Attendance was back on track in Q3 and was a major contributor to the uptick, CEIR said. Growth in crowd sizes was a mere 1.1% and was overshadowed by a 2.1% increase in exhibitors, a 2.2% hike in exhibit space, and a 2.2% growth in real revenues. The growth in attendance was, however, a welcome contrast to the (0.2)% decline seen in Q2 and the flat Q3 2015. Support for attendance was seen in the Transportation, Medical and Health Care and Building, Construction, Home & Repair sectors. The gains offset softness in oil industry events.

Brian Casey, President & CEO of CEIR, said the improvement in the overall economy also bode well for trade shows. “The revised GDP growth rate for the third quarter of this year looks to exceed 3%, which offers a glimpse at a continued positive path for the exhibition industry,” he said. “We continue to maintain a favorable outlook for the coming year as well, which should be good for everyone’s business.”

Reach Brian Casey at (972) 687-9242 or bcasey@ceir.org

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