THIS WEEK @ PCMA Convene
Category: News
ChatGPT Sprints to One Million Users
AI tool ChatGPT gained one million users just five days after launching in November of last year. The conversational AI bot that can produce human-like text has been put to all kind of uses, from writing short stories, prose, music and term papers to programming basic code, solving math problems and doing translations. From Statista…
Dubai Wins 232 Bids for Business Events in 2022
Business events are poised to make a vital contribution to Dubai’s economic development and tourism growth, with another exceptional year of successful bids for international conferences, congresses, meetings and incentive travel programmes. Dubai Business Events said it won 232 bids in 2022, almost twice as many as in 2021. From Government of Dubai Media Office…
New DC Hotel Tax to Raise Additional $20m Per Annum for Four Years
The Council of the District of Columbia in the US has approved legislation for a temporary 1% increase in the hotel tax that will go to Destination DC (DDC) to market the destination. Authorities believe the move will raise more than $20m per year for four years. From Conference & Meetings World…
Canada’s Crowded Banff Confronts Its Overtourism Problem
Every year, the town of Banff in western Canada receives more than four million visitors. In July alone, Banff National Park saw a total of 694,127 visitors, the most it had seen for the month since 2013. The parking lot remained full for nearly 24 hours a day at the peak of summer. From Skift…
‘The Great Reconnection’ – CES Attendees Outnumber 2022
CES brought in more attendees than organizers had initially anticipated during the annual four-day tech trade show. The convention brought an estimated 115,000 industry professionals to the Strip, the Consumer Technology Association announced, marking a significant year-over-year increase in attendance but still lower than pre-pandemic figures. From Las Vegas Review-Journal…
Events Industry Council Announces 2023 Board of Directors
The Events Industry Council (EIC), the global voice of the business events industry on advocacy, research, professional recognition and standards, today announced the election of officers and directors to its 2023 Board of Directors. Sherrif Karamat, CAE, President and CEO, PCMA and CEMA transitions to Chair of EIC. From Events Industry Council…
AIME Announces Knowledge Program Agenda for 2023
The Asia Pacific Incentives and Meetings Event (AIME) has revealed the speakers for its Knowledge Program, which takes place the day before the show floor opens for meetings between the world’s business events buyers and sellers next month. Sessions presented by industry have been broken down into emotional intelligence and classic intelligence sessions. From micenet…
Dealmakers: Steve Monnington reviews the deals of 2022
In the normal pre-pandemic years of 2018 and 2019 there were over 80 reported exhibition transactions with over 50 buyers. As reported at the end of 2020 and 2021, Covid resulted in about 50% of normal M&A activity. 2022 represented the first post-Covid year but activity was still well below historic levels. From Exhibition News…
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