Friday, September 10, 2010

Organizers ‘Cautiously Optimistic’ About Industry Rebound

While far from booming, the tradeshow industry has received a few positive shots in the arm recently. Last month, the Center for Exhibition Industry Research reported that although the overall industry slipped 1.4 percent during the second quarter, certain “indicators of recovery” have seen declines slow compared to previous quarters. Professional attendees, another of the recovery indicators, actually grew 4.5 percent during the quarter.

And there was Champion Exposition Services, which in its Exhibitor Trends Survey found that more than half of exhibitors surveyed plan to participate in more tradeshows in the future. The report also called for a rebound in tradeshow activity next year. And so does media and information industry private equity firm Veronis Suhler Stevenson. Partner Hal Greenberg recently said the tradeshow market will show a gain of about four percent over the next five years.

With these positive points in mind, we reached out to a few of the industry’s most significant expo producers to find out how their businesses are fairing now amidst the downturn and what their forecasts are for 2011. Here’s what they had to say. Full Article from Expo.

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