Conference & Meetings World Issue 91 - Page 10

News email the cmw editorial team with all your industry news: For all the latest breaking news, daily updates, visit: In brief London venue set for refurb EUROPE - The designer of the 2012 London Olympic cauldron is set to transform Olympia London as part of a new £1bn (US4.1.34bn) investment. Having been bought by Yoo Capital and Deutsche Finance in 2017 for £296m, the halls are to get a major refurbishment project that will retain the venue’s Victorian features while improving the public facilities within. Singapore draws big events EUROPE - Singapore Tourism Board has reported securing eight large congresses and tradeshows in the first half of 2017. These events are estimated to bring 20,000 visitors to the city. The line up included the International Urogynaecological Association (IUGA) Annual Meeting in 2021, which will attract 1,200 physicians and healthcare professionals. PCMA confirms venue AMERICAS - The Professional Convention Management Association (PCMA) is to return to Texas for its Convening Leaders 2021. Having held the 2017 event in Austin, the association goes to the United States’ fourth-largest city, Houston, 10-13 January 2021. The event now attracts 4,200 global professionals over three days for senior-level education, community building and orchestrated networking. Houston’s George R. Brown Convention Centre (GRB), ranks among the 10 largest convention centres in the United States, and will host Convening Leaders 2021. 10 / ReedPOP buys UK’s largest pop culture convention portfolio EUROPE - ReedPOP has further consolidated its global expansion with the acquisition in October of UK-based MCM Comic Con. The Connecticut-based division of Reed Exhibitions, which organises pop culture events including New York Comic Con, Oz Comic Con and Shanghai Comic Convention, did not disclose the terms of the acquisition, although industry insiders have speculated the deal could be worth in excess of £17.5m (US$23m). ReedPOP stated the deal would take effect immediately and anticipated having an active role in MCM’s 2018 events. MCM runs conventions in Birmingham, Manchester, Glasgow, Liverpool and Belfast Conference & Meetings World / ISS U E 9 1 in addition to its flagship show in London. MCM Comic Con, co-founded by Bryan Cooney, launched pop culture event London Expo in 2002. In 2004 it rebranded as London MCM Expo and the portfolio has since grown and the conventions attract over 300,000 visitors. “For nearly a decade I’ve watched with great admiration as the MCM brand grew in size, scale and quality, as well as in the hearts and minds of UK fans,” said Lance Fensterman, global head of ReedPOP. “I could not be more proud and humbled to team up with the MCM team to bring two world-class pop culture event companies together,” he added. AIM Group revenues grow WORLD - International PCO and meetings specialist AIM Group has announced revenues of €107m for the year 2016 with EBITDA of over €3m. The new financial results represent a €7m boost in revenues compared to 2015 due mainly to the growth in assets reported by all of the Group’s companies and offices. Gianluca Buongiorno, president of AIM Group International, says: “All key indicators are positive and we ۝[YHYH[\ݙ[Y[XܛH\ B[۝[YH]\YH\ܛ[X\[\Y[X]Z\][ۈ[ܛ '