Las Vegas, NV – Trade shows advanced dramatically in attendance and revenue in the Third Quarter of 2007 but growth was flat in two other metrics: net square feet of exhibit space and exhibitor participation. Those were the key findings of a report by the Center for Exhibition Industry Research (CEIR) released on December 12 at IAEE’s Annual Meeting and Expo!Expo! in Las Vegas.
Attendance grew 11.8% in Q3 and revenue rose 5.8% compared to the same period last year. However, net square feet was up a slight 1.4% and exhibitors up 0.3%.
The latest stats from CEIR also found year-to-date revenues up 9.7% when compared to the first three quarters of 2006. For 2006 (full year comparison), CEIR concluded that the trade show business had grown 4.8% in 2006 over the 2005. It was the fourth consecutive year that the authoritative CEIR Index reported growth for the exhibitions industry.
Reach Doug Ducate, president and CEO of CEIR, at (972) 687-9242 or email@example.com