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2014 MICE Destinations 1. Major Results from 2014 Busan MICE Industry
In 2014, a lot of cities of the world have striven to grow their MICE industry and thereby create added value for them. As a result, a lot of cities have turned out to have registered steadily improving performance in the international ranking as disclosed by Union of International Association (UIA) or International Congress and Convention Association (ICCA). Among them, Busan, a Korean city, has cut...
2014 MICE Destinations 2. Growth Strategy and Major Projects for Busan MICE Industry
In 2014, a lot of cities of the world have striven to grow their MICE industry and thereby create added value for them. As a result, a lot of cities have turned out to have registered steadily improving performance in the international ranking as disclosed by Union of International Association (UIA) or International Congress and Convention Association (ICCA). Among them, Busan, a Korean city, has cut...
2014 MICE Destinations 3. Major Results from 2014 London MICE Industry
In 2014, a lot of cities of the world have striven to grow their MICE industry and thereby create added value for them. As a result, a lot of cities have turned out to have registered steadily improving performance in the international ranking as disclosed by Union of International Association (UIA) or International Congress and Convention Association (ICCA). Among them, Busan, a Korean city, has cut...
2014 MICE Destinations 4. Growth Strategy and Major Projects for London MICE Industry
In 2014, a lot of cities of the world have striven to grow their MICE industry and thereby create added value for them. As a result, a lot of cities have turned out to have registered steadily improving performance in the international ranking as disclosed by Union of International Association (UIA) or International Congress and Convention Association (ICCA). Among them, Busan, a Korean city, has cut...
Economic and Strategic Value of MICE industry in Australia and Future Strategies
The Association of Australian Convention Bureaux Inc. (AACB) organized by 15 local convention bureaux in Australia published ‘Australia’s International Business Events Sector: the Economic and Strategic Value Proposition’ with Deloitte Access Economics, an economic research institute in Australia. This report analyzes the economic impacts of the MICE industry on the Australian economy and sorts...
14 Future Trends to Which the Convention Industry Needs to Pay Attention to in 2015 14. Increasing Number of M&A
14. Increasing Number of M&A
Active M&A Trend in the Convention Industry
Recently, there has been an increasing number of M&A deals in the economic sector. Likewise, the convention industry is also actively closing lots of M&A deals. Especially, the number of M&A between public companies and private equity funds that are managed professionally is growing. Investment in private equity...
14 Future Trends to Which the Convention Industry Needs to Pay Attention to in 2015 13. Awakening of Security Issues
13. Awakening of Security Issues
An Exhibition ? An Event Easy to be a Target of Terrorism
Concerns about security and its importance are growing in our modern society. As an exhibition is an event where thousands of people are gathered in one place, it is not safe from potential threats of terrorism. Especially, large exhibitions held in major cities like New York, Washington D.C., and San Francisco...
14 Future Trends to Which the Convention Industry Needs to Pay Attention to in 2015 12. Preparation for Embracing the New Generation
12. Preparation for Embracing the New Generation
Generation Y that Will Lead the Economy of the Future
The marketing industry is paying attention to the generation Y (20~30 years old). Price Waterhouse Coopers (PwC), a global accounting and consulting firm, forecasted that generation Y would account for 80% of the world labor population by 2016, and the Hartford Financial Services Group, America’s...
14 Future Trends to Which the Convention Industry Needs to Pay Attention to in 2015 11. Further Studies on Engagement with the Exhibition
11. Further Studies on Engagement with the Exhibition
Marketing Keyword – Engagement
The concept ‘Engagement’ has emerged as one of the main keywords in marketing recently. Marketers always seek ways to convert potential customers to their loyal customers by increasing customer’s engagement with the brand, so they utilize various strategies to raise customers’ engagement offline and online...
14 Future Trends to Which the Convention Industry Needs to Pay Attention to in 2015 10. Improving Quality of Face-to-face Interaction of Participating Companies
10. Improving Quality of Face-to-face Interaction of Participating Companies
Weakness of New Personnel ? Face-to-Face Interaction
One of the main components of attendees’ experiences is the quality of face-to-face interaction with participating companies. However, new employees who just entered in the industry are from a generation who are more accustomed to communications using smartphones and the...