Singapore has some of the world’s best exhibitions spaces

Singapore has some of the world’s best exhibitions spaces

Perhaps no place in the world has a collection of events spaces as unique and sustainable as Singapore, which has a well-earned reputation as one of the world’s best places for tradeshow success.

Onex to acquire Nielsen Expositions for $950 million

Onex to acquire Nielsen Expositions for $950 million

Officials for the Onex Corp. have reached an agreement to acquire Nielsen Expositions from its parent, an affiliate of Nielsen Holdings N.V., for $950 million in cash consideration.

New convention center hotel underway as the Greater Houston CVB turns 50

New convention center hotel underway as the Greater Houston CVB turns 50

Plans have gone into action to build a 1,000-room Marriot Marquis hotel next to the George R. Brown Convention Center in Houston as members of the Greater Houston Convention and Visitors Bureau (GHCVB) recently celebrated the organization’s 50th anniversary.

PACK EXPO continues to expand with East Coast show

PACK EXPO continues to expand with East Coast show

PMMI, the owner and producer of the PACK EXPO tradeshows, recently announced PACK EXPO East, a new regional event coming to Philadelphia in February 2015. PMMI will stage the event at the Pennsylvania Convention Center.

NAB Show reports increase in exhibit space

NAB Show reports increase in exhibit space

The National Association of Broadcasters (NAB) recently released preliminary figures for the 2013 NAB Show, the world's largest electronic media tradeshow. The event was held April 6-11 at the Las Vegas Convention Center.

CEIR Index sees growth across the board in 2012

CEIR Index sees growth across the board in 2012

The Center for Exhibition Industry Research (CEIR) released the CEIR Index Report, an analysis of the 2012 Exhibition Industry and Future Outlook, today at the Society of Independent Show Organizers (SISO) CEO Summit.

3D Exhibits

3D Exhibits

We tap into our best creative minds to deliver a visually stunning and engaging exterior engineered with service efficiencies in mind.

People on the Move

People on the Move

Soon you will be at the Exhibit City News People on the Move page. In the meantime, do you recognize anyone? Many tradeshow professionals have changed positions, been promoted or joined a new company. Send us yours!

Advertise on ExhibitCityNews.com

Advertise on ExhibitCityNews.com

Take advantage of prime advertising space on ExhibitCityNews.com. Sponsor your favorite section or category. The new Exhibit City News website offers new and exciting interactive modules, sections and categories. There are numerous advertising placement opportunities, giving you a wide variety of...

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National meetings figure named executive vice president of evolving New Orleans CVB

A meetings industry veteran has been named to fill a new executive vice president position at the New Orleans Convention and Visitors Bureau (NOCVB) as the organization undergoes a measure of realignment....

Hanley Wood Exhibitions promotes employee to vice president

Officials at Hanley Wood Exhibitions have announced the promotion of  an employee to vice president.

GenieConnect recruits new client services director

GenieConnect, a digital solutions provider for the events industry, has announced the recruitment of a director.

Adcraft adds business development account representative

Developing new business and overseeing programs designed for existing clients is the role for a seasoned Adcraft account executive new to the company that specializes in exhibit design, construction and...

Experient adds three account managers to network sales force

Experient, the source for integrated meeting and event solutions, announces the expansion of its sales team by three to the Experient sales network. The sales network is a team of independent business...

Exhibitus announces the addition of division vice president

Expotechnik expands its client-service team

Access names new director of operations

Time Logistics Group expands tradeshow division

EDPA names chairman of Sustainable Exhibit Leadership Committee

The Expo Group announces executive promotions

MPI names new president and CEO

Momentum Management adds account executive

GES names vice president of digital product development and client solutions

Hill & Partners promotes branded-environment expert to senior account manager

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Cosmoprof North America debuts a new look

  Cosmoprof North America (CPNA), named as one of “Top 25 Fastest-Growing Trade Shows” by TSNN, will debut a new look this year that further reflects its European heritage and design-centric...

National Travel & Tourism Week: May 4-12

  National Travel and Tourism Week is celebrating its 29th year in 2013 with the theme “Travel Effect.”

VIDEO: Publisher Don Svehla interviews exhibitors at EXHIBITOR2013

  Exhibit City News Publisher Don Svehla visits AFR Event Furnishings and EP&M International on the showfloor at EXHIBITOR2013.

Onex to acquire Nielsen Expositions for $950 million

Officials for the Onex Corp. have reached an agreement to acquire Nielsen Expositions from its parent, an affiliate of Nielsen Holdings N.V., for $950 million in cash consideration.

CEIR report: Generational Differences in Face-to-Face Interaction Preferences and Activities

While face-to-face interaction remains the primary driving force in the tradeshow industry, a new report from the Center for Exhibition Industry Research (CEIR) indicates there are significant...

Behind the Scenes with Kingsmen

Signal 88 offers security tips on event and crowd safety

Nimlok demonstrates ‘puzzle-solving’ abilities via game show format

IAEE report: Positive trends abound in tradeshow industry

Tips for booth staffing

Six new tradeshow products shine at EXHIBITOR2013

New flooring options for tile and ‘Wow!’ looks in exhibits

Self storage can have its advantages for exhibitors

Going ‘green’ with the tradeshow experience

Hill & Partners brings new client VisionWeb to Vision Expo East 2013

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ACE Conference Center 'REIMAGINED'

  Officials at ACE Conference Center announced that renovation and refurbishment of the Philadelphia-based event destination is now complete.

Reed Exhibitions acquires Mexico’s largest hardware and construction event

Expo Nacional Ferretera, the largest event in Mexico and Latin America market serving the hardware, construction and electrical markets, has joined the Reed Exhibitions portfolio of brands and brings with...

Singapore has some of the world’s best exhibitions spaces

Perhaps no place in the world has a collection of events spaces as unique and sustainable as Singapore, which has a well-earned reputation as one of the world’s best places for tradeshow success....

The Meetings Show UK partners with DoubleDutch to deliver cutting-edge mobile app

Officials for the Meetings Show UK, the major new event for the inbound and outbound UK meetings and conference industry, have announced event technology provider DoubleDutch will create the official...

The 2013 International CES drew a record number of international attendees

A record number of international industry professionals – 36,206 – from 150 countries attended the 2013 International CES, officials for the Consumer Electronics Association (CEA), owner and...

Malaysia hosting 3rd Global Women Deliver Conference

Leipzig is proving popular as a conference city

Mexico’s newest meeting and convention space debuts between Tijuana and Rosarito

Namuwongo Night raises record $155,000 for local healthcare, education

EIBTM announces fresh new look for show floor layout

Montreal is proving formidable among North American tradeshow destinations

McCormick Place achieves sustainability certification

MICE Tourism Shines in the Middle East

Build and Burn: Great for the budget, not so great for the environment

‘World’s Carpet Capital’ is bouncing back from hard times

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Historic theatres provide unique preservation venues

  Palace Theatre My appreciation of historic theaters began early in life. I grew up in a small Ohio town called Marion. One of the highlights of my childhood there was visiting the historic...

Electronically enhancing your exhibit experience

  Greetings my fellow tradeshow enthusiasts! It’s May, summer is around the corner and temperatures are rising. It is in this germane that this month’s lesson is about what’s “hot”...

Why Gen Y?

  One of my sales guys forwarded me an article the other day that caught my interest. I have written about generational differences several times over the years. This one poses the question:...

Here’s how to conduct successful phone interviews

  Getting off "on the right foot" in starting your search for a new employee is a very sensitive and very important procedure. Most of it involves gathering pertinent information---about and...

ONE NIGHT for ONE DROP poised to raise dollars and awareness for clean water

Cirque du Soleil is using its considerable genius and influence to help make clean water available to every human being on our planet.

Breakfast table musings

'Scanning' the world of electronic lead retrieval

Seven tips to a better interview success rate

A green resort with a blue ocean view

Social Separation

Speaking the language: tradeshow terminology

EXHIBITOR2013 is coming! EXHIBITOR2013 is coming!

Dangers of using 1099 independent contractors to avoid Obamacare

Facets and factors of the tradeshow of all tradeshows

A time for action

Bask in Olympic Gold, or live in tarnish?
Written by David Cizmar   
Monday, November 02 2009 09:41
Members of the tradeshow community in Chicago engaged in a collective sigh of relief as the Windy City was eliminated as a candidate for the 2016 Summer Olympics last month. With an economy battered by the recession, many were concerned the Olympics would have a catastrophic effect on the industry.

The Olympics are one of the premiere sporting events in the world, with thousands of spectators and the spotlight of the entire world on your city for a three-week period. One would think Chicagoans would welcome this event as a way to showcase their hometown, but almost half of city residents were opposed to the event being held here.

Potential host cities see the huge amounts of money that surround the games and desperately desire the income that it can bring. It seems, at times, as if they are willing to do whatever it takes to land the games, even if the price they pay exceeds the most optimistic projection of economic benefit.

The sad reality of hosting the games is that they rarely make any money and often leave the host city with a mountain of debt after the party is over and everybody has left. The taxpayers must make up difference between the expenditure and the income. For example, it took Montreal 31 years to pay the debt incurred during the 1976 Olympics.

There is an enormous amount of infrastructure that has to be provided before a city is considered. Stadiums, or perhaps a Luge track or Velodrome, must be constructed before the games can proceed. This can cost a lot of money and can have dubious value after the games are over. The International Olympic Committee is very demanding about the standards before they will even consider a city.

Potential host cities often engage in an auction-like frenzy where ego-based competition takes the place of prudent financial decision making. Politicians often assure the citizens the games will pay for themselves and then expose them to enormous financial obligation in order to comply with their promises to the International Olympic Committee. Recent Olympic history is a good example of this. The costs of the Athens games in 2004 doubled their original estimates and London in 2012 has almost tripled their initial projections to over $16.5 billion.

If the games were to be held in Chicago, McCormick Place would have been the center of administrative activity and indoor athletic competition. This was the major concern for the tradeshow industry because it would have meant a great deal of work before and during the games. The shows normally booked during this period would have been displaced and relocated to other cities.

These other cities would have graciously welcomed such a windfall during these tough economic times but would have fought like hell to retain these shows. I’m sure they weren’t pleased when they found out Chicago didn’t get the Olympics.

The Olympics began in ancient Greece and were revived in 1894 in an attempt to foster mutual respect and friendship through the pursuit of excellence in athletic competition. However, over the years, political exploitation, professionalism of the athletes and corporate influence have changed the way we think of the games. In a real sense they have become a victim of their own success, as its popularity has transcended the original philosophical objectives and became a self-perpetuating behemoth.

This is the reason many are glad Chicago won’t be hosting the games ­– 76 percent of Chicagoans were opposed to having the games here if it meant public funds would be used to pay the costs. The International Olympic Committee knew this and chose a city willing to underwrite the illusion and perpetuate this farce. I wish Rio the best, I hope the three weeks you spend basking in world attention is worth it.
 
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