Exhibition World | Newsto 2009 like-for-like, the impact ofthe recession combined with thebiennial pattern of the MoscowInternational Oil and Gas event -which did not take place in 2010- accounted for a £10m reductionin revenues. A favourable exchange ratehelped the company's revenuefigures in pounds sterling.WORLD - International exhibitionorganiser ITE has reported anincrease in overall volume sales of almost 70,000sqm due torecent acquisitions this yeardespite continuing decline inthe company's core of pre-existing shows.In 2010 ITE acquired newshows in Turkey, an exhibitioncompany in India and a portfolioof Aquatherm events in Ukraineand Central Asia. These buoyedthe company's overall sales,despitea 29 per cent decline inits pre-acquisition portfoliosince 2008.Although the group's actualrevenue (US$178m) was downby around six per cent comparedUAE -The board of Expo CentreSharjah has approved foreignorganisers to organise events atthe venue for the first time.Sharjah hosts major regionalevents including the World BookFair and the Middle East Watchand Jewellery Exhibition but waspreviously open only to domesticorganisers. However, havingseen the scope for business thatoverseas events could bring tothe venue, management has nowflung its doors open tointernationals with regionaloperations such as Reed,Informa and DMG."We are both an organiser anda venue owner at the same time,"said director general SaifSOUTH AFRICA - Exhibitionorganiser MontgomeryWorldwide has launched a newarm to help companies withestablished brands launch intoSouth Africa and the widerAfrican market.Montgomery Africa, based inJohannesburg, specialises injoint ventures and acts as apartner to internationalcompanies looking to reducethe risks associated withdeveloping their events in Africa.Montgomery's South African basereduces the need for companiesto invest in local infrastructureand offers assistance with legaland statutory processes, as wellas local knowledge needed tolaunch.Montgomery Africa's sistercompany in South Africa,Specialised Exhibitions, runsshows including Electra Mining,Interbuild and Propak.FRANCE- The internationalexhibition market has emergedfrom the recession with goodmomentum, according to globalexhibition association UFI.The Sixth Global BarometerSurvey, conducted by UFI inDecember, indicates theexhibition industry has leftbehind the depressed businessenvironment of the past twoyears and is "moving positivelyahead" globally.Data for the survey wascollected from 173 companies in54 countries including UFIrepresentatives from otherinternational associations.As with UFI's previousbarometers, the resultsdemonstrate significant regionalvariation, due in part to lesserexposure to the downturn in theMiddle East and Africa and anearlier recovery in Asia Pacificand the Americas than in Europe. For a full breakdown of results,see the feature on page17.Survey findsindustry leavingslump behindExpo Centre Sharjah opens to international organisersTHE MAGAZINE FOR THE GLOBAL EXHIBITION COMMUNITY WWW.EXHIBITION-WORLD.NET|February 2011|5Montgomery Worldwide launches Montgomery AfricaAcquisitions boost declining ITEvolume sales in core showsMontgomery Worldwide is alsothe main shareholder in theJohannesburg Expo Centre.Mongomery has been activeelsewhere this month. AlagatMontgomery, a joint venturebetween Alagat Internationaland Montgomery Worldwide,has teamed up with UBM tolaunch security expo IFSECArabia at the RiyadhInternational Convention andExhibition Centre in November.Mohamed Al Midfa. "In 2011 weare going to open to the world, toanyone who wants to organisean event at Expo CentreSharjah," he told EW. "We look at the profile and seeif it's not challenging andcompeting with our profile, andallow them based on partnershipor leasing arrangement.""What we saw last year was adecline mostly in the first half ofthe year," ITE chief financialofficer Neil Jones told EW, "butthat was offset by the acquisitions- such as in Turkey and Ukraine -and the biennial shows." Headded that 2011 will be thestronger financial year in ITE'sbiennial cycle.UAE- The ADNEC exhibitioncentre in Abu Dhabi is to host the2012 UFI Congress.The four day event, whichbrings together the most seniorfigures in the global exhibitionindustry is the highlight of theinternational calendar.This year's event takes place atFeria Valencia in Spain. The 2010 UFI Congress wasattended by a record-breaking750 delegates, and focused onthe emergence of Asia as aleader in the global exhibitionmarketplace. ADNEC to host UFI2012 Congress
News| Exhibition WorldAUSTRALIA- As EWgoes topress, the Brisbane Conventionand Exhibition Centre (BCEC)was hosting its first event onWednesday 25 January afterclosing for almost two weeksdue to flooding of southwestQueensland, Brisbane andnorthern New South Wales. The BCEC was also due tohost the city's official AustraliaDay lunch for 700 delegates aswell as a dinner for 180 on thesame day. Communications Manager forthe BCEC, Gail Sawyer, toldEWthat things are now"business as usual," althoughthe venue did have to cancelall events until it was able toreopen.She pointed out that neitherthe city's airport nor portclosed during the naturaldisaster.The Gold Coast Conventionand Exhibition Centre alsopostponed many events as aresult of the floods.HONG KONG - The founderof Hong Kong-listed InfoCommunication has paidUS$386,000 (HK$3m) for thecompany's exhibition business.Eddie Leung has picked upthe exhibition assets of thecompany after a period ofhardship that began in 2008with the failed attempt to buy acoal mine in China, and achange in ownership andname.Info Communication, whichnow trades under the nameSage International, announcedlast November that it planned tosell its exhibition business. Thecompany's exhibition-relatedrevenues fell from a high ofHealthcare expo returns to McCormick PlaceUK - Emerging marketsspecialist Tarsus has toldinvestors it expects full yearorganic revenue growth for2010 to increase by around sixper cent, excluding any benefitfrom currency movements.The figure, for the year to 31December 2010, is buoyed bystrong events in the UAE andIndia.The business jet show MEBA,which took place in Dubai inDecember, produced resultsstrongly ahead of the previousedition, with revenues up 40 per cent and visitors up 13per cent. Labelexpo India, which tookplace in Delhi in December,saw revenue and visitornumbers climb 22 and 27 percent respectively in 2010.Trading has been lesspredictable in the maturemarkets of Europe and the US.Tarsus's French division(primarily Heavent andEducatec) has been in line withits reduced expectations, butTarsus expects 6% revenue growth for 20106| February 2011|THE MAGAZINE FOR THE GLOBAL EXHIBITION COMMUNITY WWW.EXHIBITION-WORLD.NETHowever, the HIMSS event is now returning to Chicago for its annual conferences inand three launch shows that have signed newcontracts.Also following the shake-up,the Chicago Convention and Tourism Bureau hasappointed Donald Welsh as its president and CEO, and the city's Metropolitan Pier and Exposition Authoritywill relinquish control of Navy Pier, leasing it to anewly-formed non-profitcorporation created on theadvice of MPEA trustee JimReilly.USA- The HealthcareInformation and ManagementSystems Society (HIMSS) is tobring its exhibition back toChicago's McCormick Placefollowing reforms that cameinto effect last year.The HIMSS show, whichattracts 30,000 internationalattendees and generatesaround US$33.6m from eachevent, upped sticks for LasVegas after the 2009 event and blamed soaringelectrician costs at theChicago venue.Brisbane CECreopensafter floodingEddie Leung buys exhibitionsback from Info Communication2015 and 2019, joining sixother trade shows that have recommitted to Chicago,US$11.4m for the year ended31 March 2008 to US$6m in2010, while its exhibitionsubsidiary InfoSky posted anoverall loss of US$1.3m in 2010.Leung, a director of InfoSky,recently signed a deal with theHong Kong Trade DevelopmentCouncil to jointly launch theBetter Living Expo.there are now signs ofstabilisation. The company's medicaldivision in the US saw revenuesincrease by 18 per cent,slightly ahead of expectations.The final event of the year, andthe largest in the sector, was inLas Vegas in December. Cashflow remained strongduring the period with net debtat 31 December 2010approximately £29m, a figureTarsus claims is better thananticipated.