Latest News

Back to Latest News back

 

EEAA welcomes inclusion of Australian ‘country report’ in Global Exhibition Barometer

EEAA welcomes inclusion of Australian ‘country report’ in Global Exhibition Barometer
February 8, 2018

The Exhibition and Event Association of Australasia (EEAA) has welcomed the launch of the 20th Global Exhibition Barometer by The Global Association of the Exhibition Industry, UFI, which for the first time included an Australian ‘country report’.

EEAA Chief Executive, Joyce DiMascio, said the report represents up-to-date information on the development and outlook of the global exhibition industry and Australia’s results point to a positive year ahead for the Australian market.

Di Mascio advised “it is exciting to now have Australia’s market profile included in this global research conducted by UFI. It is even more exciting that Australia is forecast to have a strong 2018.

“In addition to the UFI Barometer, EEAA's own Member research shows that Organisers, Venues and Suppliers are very positive about 2018 with a wide-range of new shows to be launched across new industry sectors.

UFI Chief Executive Kai Hattendorf said he was pleased that the partnership with EEAA, which was announced at the end of September 2017, was already yielding beneficial outcomes for the sector – both locally and globally.

Hattendorf added “just a few months ago, EEAA and UFI agreed to collaborate on issues like research and education, and I am very pleased that we can show tangible results so quickly - adding an Australia market profile to UFI’s flagship research, the Global Exhibition Barometer.

"All around the world, the exhibition industry is embracing a fast development of new opportunities, and expect new types of business to grow into a relevant source of income within just a few years.

“Among the 17 markets specifically profiled in the 20th UFI Barometer, Australia belongs to a group of five markets most optimistic about new business model revenues in the coming five years, together with the US, India, Macau, and Thailand.”

UFI's Research Manager and barometer project lead, Christian Druart, said the exhibition industry in Australia is optimistic about revenue growth in 2018 with 43% of companies participating in the research, foreseeing a strong increase in their operating profit by more than 10%.

Druart advised “when it comes to the most important business issues, Australia's geographical position leads to special emphasis on the economic development in the home market, whereas global economic developments are seen as less relevant, compared to the global survey results.

“However, three out of every 10 Australian companies participating in the research state that they want to operate in new countries and markets - showing a significant interest in internationalisation.”

Key outcomes of the 20th Global Exhibition Barometer:

• In the Asia-Pacific region, 73-83% of companies anticipate an increase of turnover, on average for the 2 halves of 2018.
• In Australia, 43% of companies foresee a strong increase in their operating profit by more than 10%.
• The current strategic priority for the Australian market is to develop new activities in terms of live events or virtual events.
• Australia's geographical position leads to special emphasis on the economic development in the home market.
• Three out of every 10 Australian companies state that they want to operate in new countries and markets - showing a significant interest in internationalisation.

Click here to view the full 20th Global Exhibition Barometer.

Images: The EEAA's Joyce DiMascio and UFI's Kai Hattendorf commited to collaboration on research for the exhibition industry at the inaugural EEAA Global Exchange in September 2017 (top) and the Reed Gift Fair at ICC Sydney (below).

21st December 2017 - BUSINESS EVENTS SECTOR LOOKS TO DEVELOP FUTURE WORKFORCE 

8th December 2017 - TOURISM AUSTRALIA CONTINUES BACKING OF EEAA YOUNG STARS

30th November 2017 - AUSTRALIAN TOURISM WORKERS ‘FAR TOO QUALIFIED’ 

30th November 2017 - EEAA 2017 AWARDS RECOGNISE INDUSTRY EXCELLENCE AND SERVICE

10th November 2017 - NEW SPEAKERS AND NEW SPECIALIST WORKSHOP CLINICS ANNOUNCED FOR EEAA 2017 CONFERENCE 

18th October 2017 - NEW REPORT CALLS FOR TOURISM INDUSTRY TO ADDRESS RECRUITMENT AND RETENTION

20th September 2017 - EEAA YOUNG STARS CELEBRATE FIVE YEARS AT LUNA PARK SYDNEY 

8th September 2017 - UFI CHIEF EXECUTIVE COMMITS TO SERVING THE ASIA PACIFIC REGION

18th July 2017 - GLOBAL BODY RECOGNISES EEAA’S INDUSTRY ADVOCACY


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

SLE WORLDWIDE AUSTRALIA PTY LTD

SLE Worldwide Australia is a Managing General Underwriter specialising in insuring risks in the world of Sports, Leisure and Entertainment. Be it relaxing, playing, organising or watching sports,…

read more

Insurance / Venues

 
 

PathMinder

PathMinder Pty Ltd have partnered with AllUser Industries srl to bring Europe’s most advanced high security portals to the Australian and New Zealand markets. AllUser Industries started to…

read more

Access / Fitness / Recreation / Security

 
 
 

Crystal Pools

Crystal Pools has a solid history of performance on a wide variety of government and commercial projects and is the name behind many of Australia’s most innovative and ambitious aquatic…

read more

Aquatics / Design

 
 

HQH FITNESS

HQH Fitness is an international company that specialises in improving the health, fitness and wellness of people everywhere. We are the South Pacific distributors for Total Gym/GRAVITY Education and…

read more

Fitness / Recreation / Technology / Wellness

 
 

CERAMIC SOLUTIONS

Established in 1994, Ceramic Solutions has excelled at the supply and installation of swimming pool tiles and equipment for the pool and leisure industry, with a focus on the needs of end-users. …

read more

Aquatics / Design / Surfaces / Venues

 
 

Vticket

Vticket Pty Ltd is the Australian and New Zealand distributor for Gateway Ticketing Systems Inc., the world leader in high-speed access control, admission control and ticketing software for the…

read more

Attractions / Security / Technology / Ticketing / Venues

 
 

LES MILLS ASIA PACIFIC

Les Mills Asia Pacific Les Mills Asia Pacific (LMAP) have been setting the benchmark for providing professional fitness solutions across Australia and South East Asia since 1996. Our world renowned…

read more

Fitness / Technology / Wellness

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business