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page 84 Issue 2 | 20125 EDITORIALMANAGING EDITORNadia Cameronncameron@mashmedia.netEDITORAntony Reeve-Crookarc@mashmedia.netSENIOR REPORTERDomenic Donatantonio domenicd@mashmedia.netDIGITALONLINE EDITORSarah O'Donnellsarah@mashmedia.netSALESINTERNATIONAL SALES MANAGERJames Nathan jnathan@mashmedia.netADVERTISING EXECUTIVECraig Nickeas cnickeas@mashmedia.netSandra Chau PUBLISHER Liz AgostiniPRODUCTION AND DESIGNPRODUCTION MANAGER Luke SpaldingDESIGNERSarah GarlandPRODUCTION ASSISTANTJulia BallCONTACT USSUBSCRIPTIONS020 8971 8269EDITORIAL020 8971 8292SALES020 8971 8265PRODUCTION020 8971 8272Exhibition World is published by Mash Media, 4th Floor, Sterling House, 6-10 St Georges Road, Wimbledon, London SW19 4DP. tel: +44 (0)20 8971 8292fax: +44 (0)20 8971 8283email: info@mashmedia.netViews expressed are not necessarily those of the publishers. No part of this publication may be reproduced without the express written permission of the publishers.Printed by Pensord Press Ltd.As the UK's former Olympics minister Tessa Jowell famously said, winning the right to stage the 2012 Games was actually the easy bit, far greater was the responsibility of having to host them.London becomes home to the world's greatest show in July, a 16-day showcase of sporting prowess and civic pride, and crucially for the exhibition industry in the UK, a platform for the capital's ability to host events for thousands of international visitors.And while the London mayor's aspiration to deliver the 'greenest Games' in history may be altruistic (it's certainly not the most inspiring catchline) the greater message the Games will send out is that London is a leading events destination.The capital will have the eye of the world's media and that means big business. It will be interesting to see how, if at all, we can capitalise on this once the Olympic torch leaves London.But this is where the city's own fl ame for organisers of international events begins to wane. London has just two truly international venues: Excel in the east and Earls Court in the west, and the Government doesn't appear to be actively promoting either of them. Excel was built by private enterprise and Earls Court is likely to fall to make way for residential and retail units, under a plan supported by the mayor's offi ce. Clearly the Government can see the benefi ts major international events bring to a city. But if it will support an event like the Olympics, then why won't it throw its weight behind a more sustainable venture like the exhibition industry? What use is new transport infrastructure, urban beautifi cation and service sector development without more showpieces in place to support?While civic pride in the Olympics is fl eeting, there is scope to use this huge event to greater lasting effect for the capital's business events.London's infrastructure projects are nothing compared with those unfolding in Hong Kong. The already well-organised and vibrant Asian exhibition destination is the centrepiece in a major development plan being rolled out by China that seeks to unite it with Macau and turn the Pearl River Delta into one of the world's most lucrative industrial regions. The world's biggest bridge; a high-speed train link to the Chinese mainland and, internally, a cultural district that could do much to enrich Hong Kong's appeal to organisers of international events are all in the pipeline. Perhaps it won't be long before it receives an international convention centre to complement its exhibition facilities.London and Hong Kong aside, the venue theme runs throughout this edition of EW with new airport venues presenting fresh options for organisers, and further redevelopment in Sydney and Cape Town. It's as good a time as ever for someone to reveal the secret to a successful venue, which JWC's Jochen Witt and Dr Gerd Weber set out to do on page 22. For London's venues right now I can tell you the trend is that soft chairs are in and fl ags are out.EDITOR ANTONY REEVE-CROOK arc@mashmedia.netTwitter: ExhibitionWorldAntony Reeve-CrookLONDON HAS THE WORLD'S EYE AND THAT MEANS BIG BUSINESS

CORPORATE NEWSIssue 2 | 2012 www.6exhibition-world.netReed Exhibitions highlighted good growth across annual exhibitions in emerging markets but some slowdown in Europe in its latest interim management report.In its fi rst quarter statement, the company reported strong results across annual events in North America, Asia and Latin America, but said growth had been at lower levels year-on-year across Europe. The fi rst quarter benefi ted the most from net cycling of biennial events. Over the fi rst quarter, Reed completed its buyout of Brazilian joint venture Alcantara Machado and made smaller acquisitions in Brazil, including Equipotel and the Santos Offshore Oil and Gas Expo.The company also purchased a majority stake in clean energy exhibition All-Energy Australia for an undisclosed sum.In Turkey, organiser Tuyap is selling half of its company to Reed CEE GmbH Austria. Tuyap operates fi ve venues in Turkey, home to major international events including BolognaFiere's Cosmoprof beauty exhibition and the Istanbul Autoshow."The Q1 trends, with good growth in most annual shows, are expected to continue," a statement read. "The positive impact of biennial cycling in 2012 will be particularly apparent in the fi rst half."In Asia, UBM's CPhI (Convention on Pharmaceutical Ingredients) is expanding with a new event in Jakarta on 10-12 May.CPhI South East Asia takes place at Jakarta International Expo, organised by UBM Live and UBM Asia. The event aims to cover the entire South East Asia region, which it claims is a high-growth market for the pharmaceutical industry.Subsidiary UBM Live is launching a new edition of its food ingredients (Fi) trade exhibition in Turkey in 2013 as part of plans EUROPEAN GROWTH SLOWS FOR REED, UBM SHOPS IN ASIA, ITE RETURNS TO UKRAINE WORLDto grow its global portfolio of food-based events. Fi Istanbul will be held from 7 to 9 May 2013. UBM also announced a string of trade show acquisitions during Q1 including three Asia-based events and a peripatetic airport cities expo in the US.At the top of the shopping list was export-oriented furniture trade show the US$3.16mThe amount ITE expects to make from Intercharm and Beautyexpo by AugustMalaysian International Furniture Fair held annually in Kuala Lumpur. The show was privately owned and its founder and 16 employees will now join UBM Asia. Last year's event generated RM20m ($US6.6m).According to UBM, the event attracts 20,000 visitors, 40 per cent of which are from overseas, and will sit alongside UBM's Furniture China show in Shanghai, the Index fairs in India and Interiors in the UK.UBM's consolidated net debt stood at US$809m as at 31 March.ITE Group has has also been seeking acquisitions, picking up Kiev-based exhibition organiser BeautexCo from BCI R&R for an undisclosed sum. BeautexCo runs two annual trade exhibitions for the professional beauty trade and cosmetic and aesthetic medicine industry in the Ukraine. Intercharm and Beautyexpo are forecast to generate revenues of US$3.16m in the year to 30 September. ITE Group said Beautex had nil gross assets on acquisition but was expected to enhance its earnings in the 2012 fi nancial year.In China, Tarsus Group has conditionally agreed to acquire 50 per cent of the China auto aftermarket trade fair GZ Auto."The South East Asia region is an exceptional example of a 'pharmerging' market," - MD of UBM Asia (ASEAN Business), M Gandhi