Exhibition World Issue 5 - 2018 - Page 14

News valuation of Muslim travel market, subject of ITB Asia Funding shortage sees San Die-no-go Amex M&E adds compliance checks American Express Meetings & Events Clifford Rippetoe, CEO of the San Diego Convention (Amex M&E) has launched an enhanced Centre, has issued a statement regarding the failed solution designed to protect meetings expansion to the venue site, after its planned funding and event organisers against risk in fell through. China. He said: “While all of us here are disappointed that Major fi nes and penalties accrued by the current funding initiative will not be on the ballot multinational organisations conducting this November, we will continue to work on a solution meetings and events in China have to meet the needs of additional space. We know that attracted negative headlines in recent additional, contiguous space meets our customers’ years. needs, brings more visitors to San Diego, adds tax revenue and increases economic impact for the region. Amex M&E’s new solution is designed to maximise control throughout the “Today’s outcome is not a ‘No,’ it’s just ‘Not Now.’ end-to-end meetings process, and help “The team will continue to deliver on our promise of mitigate key risks such as bribery, providing our clients outstanding customer service in fraudulent activities and receipts, and one of the top destinations in the United States. We are third-party money funnelling. working on a master plan to update and modernise our existing facility.” The new solution provides integrated technology which aims to increase transparency across a 360-degree Organisers report space revenue rises compliance process, capturing comprehensive documentation. MOMAD Fashion draws over 15,000 Spanish fashion exhibitions MOMAD Metropolis and MOMAD Shoes recently concluded in Madrid from 7-9 September, attracting a combined 15,120 visitors between them. Both shows were held at IFEMA-Feria de Madrid across 15,000sqm of space. A record 72 per cent of event Sales survey was conducted in attributed the growth to a more organisers reported a rise in sales conjunction with Exhibit Sales aggressive sales effort. revenue from exhibit space at Roundtable (ESR). their most recent event, according It also found that only 15 per In a parallel fi nding, 66 per cent reported a rise in sponsorship MOMAD Metropolis saw 965 brands and 480 exhibitors attending, presenting their collections for the 2019 Spring/ Summer season. to a survey from Lippman cent of organisers saw a decline revenues from their most recent Connects. in exhibit sales revenue, and 13 event. Only 8 per cent reported and was co-located with Puericultura per cent reported no change. declining revenue, and 20 per Madrid, an international exhibition of cent reported no change. children’s products. The 2018 Benchmarks & Trends Photo credit: Aniseed Photo in Exhibit and Sponsorship 12 Issue 5 2018 Almost half of respondents MOMAD Shoes received 82 exhibitors, w w w.exhibitionworld.co.uk