Latest news
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Cvent acquired for $4.6bn by Private Equity firm Blackstone
Event technology organisation Cvent has announced that it has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone in a transaction valued at approximately $4.6bn. Blackstone has existing interests in other major event businesses, including the NEC Group, Hilton, and AV production company Encore. Under the terms of… Read more
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Ministerial update
The Department of Culture, Media and Sport has confirmed that Julia Lopez, MP for Hornchurch and Upminster, has been appointed as the Minister of State for Media, Tourism and Creative Industries. In this newly defined position which combines both tourism and the creative industries, Minister Lopez carries the brief for the events industry, which was… Read more
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Policy Unit launches with opening of sector-wide Consultation
The Business of Events, the not-for-profit independent Think Tank for the events industry, has launched its Policy Unit and opened the first stage of its sector-wide Consultation. The aim of the Consultation is to gather sentiment among those owning, running, managing, and working in the events industry, which will lay the foundation for a comprehensive… Read more
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Meetings Industry Association and VisitBritain join forces for destination events
The Meetings Industry Association (mia) is partnering with VisitBritain to host two events designed to help UK destination marketing organisations and convention bureaux attract more business events and demonstrate their value and impact. Read more
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2023 Prospectus released and new Head of Partnerships confirmed
The Business of Events (TBOE) has released its 2023 Prospectus and confirmed that Rachael Boraston (pictured) has joined in a freelance capacity as Head of Partnerships. TBOE is a not-for-profit, independent Think Tank for the UK events sector; an industry that has enormous economic potential. Read more
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Ministerial update
The events industry still falls under the remit of the DCMS, although it is expected to have greater crossover with the DBT. VisitBritain and VisitEngland remain listed as Non-Departmental Public Bodies under the DCMS. Read more