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Blackstone Agrees to Acquire Cvent for $4.6bn

Meetings, events and hospitality technology provider Cvent Holding Corp. (“Cvent”) (Nasdaq: CVT), has announced that it has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone in a transaction valued at approximately $4.6bn. From Conference & Meetings World…

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Top Incentive Travel Destinations for 2023

With most travel restrictions of the past three years behind us, incentive participants are eager to discover new places, immerse themselves in different cultures and enjoy authentic experiences. Following are the top incentive destinations trending in 2023, according to ITA Group, which creates custom-crafted engagement solutions that motivate employees… From Northstar Meetings Group…

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Informa Acquires Tarsus in $940m Deal

Global event organiser Informa has strengthened its presence in growing regions and markets significantly with the acquisition of B2B events group Tarsus in a deal valued at $940m. The combined business is expected to create incremental revenue opportunities through the cross-marketing of major brands, digital expansion and new event launches. From Exhibition World…

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UFI European Conference Celebrates Women in Exhibitions

The upcoming UFI European Conference in Maastricht will be collaborating with Women in Exhibitions to honour women’s accomplishments in the exhibition industry. The Conference’s keynote speaker on 15 June will be Ann Daniels, a polar explorer and motivational speaker, who will share her story and leadership lessons with UFI’s delegates. From Exhibition World…

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Convention Bureaux Launch Impact Toolkits to Create Local Level Legacy

Planners looking to increase the positive impact of a conference on a host city are being helped by convention bureaux and venues through the launch of impact toolkits, dedicated legacy teams and legacy ‘how to’ guides’. Both ACC Liverpool and Glasgow Convention Bureau have announced the launch of legacy-creation initiatives. From Association Meetings International…

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Banning Novak Djokovic an ‘Unforced Error’ for America

U.S. Travel Association President and CEO Geoff Freeman issued the following statement on news of the withdrawal of tennis champion Novak Djokovic from participating in an upcoming U.S. tournament in California: “America’s outdated vaccine policy for international visitors is an unforced error that is contributing to an $80 billion loss in foreign traveler spending…”

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Motac Wants Exhibition Industry to be More Aggressive

Tourism, Arts and Culture (Motac) Minister Datuk Seri Tiong King Sing has urged the Malaysia Convention and Exhibition Bureau (MyCEB) to be more aggressive in hosting international events. “As international travels are returning to normal, the ministry is proactively supporting business events activities that will bring more delegates into the country.” From The Malaysian Reserve…

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