This Just In
  • Mad Event Management is launching UAS/Drones for Disaster Response April 19-20 in Miami. First responders are the target audience.
  • National Association of Chain Drug Stores OK’d a 3-year deal with CompuSystems for registration at their meeting and Total Store Expo.
  • Quebec-based ExpoPromotion has sold Montreal Home Expo and Montreal Fall Home Expo to Cleveland-based home show producer Marketplace Events.
  • Access Intelligence will launch Global Esports Business Summit for the esports industry Oct. 1-3 at Caesars Palace in Las Vegas.
  • Renovation of the Cleveland Marriott Downtown at Key Center’s lobby, ballroom, and meeting space is scheduled for completion this summer.
  • UBM has acquired Grupo CanalEnergia, an organizer of events in the Brazilian renewable energy sector.
  • The grand opening of the new downtown Omni Louisville Hotel next to the Kentucky International Convention Center was March 6.
  • The grand opening of the Fairmont Austin was March 5. It has 140,000 sf of event space, and direct access to the Austin Convention Center.
  • A new Industry Insight Series Report from CEIR is a practical guide to integrating effective engagement tactics in exhibit booth design.
  • Freeman was named an approved partner for all Mobile World Congress events globally as part of a 3-year deal with event producer GSMA.

GES Delivers In-Line Results Against Third-Quarter Revenue Decline

Sandi Cain
, News Editor
October 27, 2017
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Phoenix — Viad Corp., parent company of Las Vegas-based GES, this week reported third quarter revenue of $339.1 million, an 11.3% year-over-year decrease. GES revenue of $232.1 million was down 19.1% year-over-year, which was mostly attributed to negative show rotation for GES, which provides general contracting services to some trade shows that are not held annually. 

This year, the third quarter also was impacted by one event that changed venues, reducing the need for services previously anticipated. When adjusted to exclude the relocated event, U.S.-based same-show growth was 4.2% for the third quarter. In addition, the first-quarter acquisition of the Poken event visitor engagement technology in March helped contribute to additional revenue of $13.1 million. 

GES delivered year-over-year revenue growth of 7.6% and a 90 basis point improvement in adjusted EBITDA during the first nine months of 2017. 

Viad President and CEO Steve Moster — who also is President of GES — said the GES results were in line with expectations. “Overall, 2017 is shaping up to be a strong year of profitable growth for Viad and continued progress against our strategic goals,” Moster said in a release announcing the third-quarter results. 

Moster cited GES’s acquisition of ON Services and Poken as positives for the company, contributing revenue of $19.2 million during the third quarter of 2017 compared to $10.4 million from a partial quarter with ON Services in the third quarter of 2016.

Reach Steve Moster at (602) 207-1010 or

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