Business News

Cvent, a leading meetings, events, and hospitality technology provider, is reportedly looking into selling with private-equity firm Blackstone interested.

All you need to know about the most significant investments, acquisitions, and strategic partnerships connected to the event industry. We disclose the companies involved, the numbers, the details, and more importantly, why it matters.

Hundreds of workers employed by food services company Sodexo at the Orange County Convention Center in Orlando who were ready to strike have reached an agreement that includes a historic minimum wage increase from $13 to $18 an hour and a pension.

$2 billion is a high price to pay for extending the Seattle Convention Center. But this investment is not just about hosting more events, it's also about revitalizing the city's neglected downtown core.

During the World Economic Forum in Davos, attendees were required to get tested for Covid onsite. A negative test granted access, while a positive test led to the attendee’s badge being deactivated.

Booking meeting space online has tempted planners for a long time; it is now a reality. With Marriott becoming the first major hotel brand to offer instant booking on Groups360, this could soon become the standard way of booking small meetings.

Emerald has acquired its third female-led company in the past year. With diversity, equity, and inclusion a focus, 50 percent of Emerald’s leadership team identifies as female and 20 percent as a person of color. 

Chris Nassetta, CEO of Hilton Hotels, a featured speaker during PCMA Convening Leaders, predicts the business events industry will exceed the high water mark of 2019 this year.

As the industry continues to feel the effects of the Covid pandemic, several associations that could benefit from deeper pockets have been acquired by PCMA.

Internal meetings were supposed to be killed off by video conferencing, but it looks like in-person face-to-face will be back with a bang this year.