• Ashfield Meetings & Events Announces EBIT Results

     
    POSTED May 21, 2017
     

Ashfield Meetings & Events has announced its results for the financial year ending September 2016. Earnings Before Interest & Tax for the period was $7.782m* compared to £6.971m* in the previous 12-month period, presenting an increase of 11.6 percent.

“We have had a number of new business wins, both in the US and Europe, that has helped achieve a strong set of results,” says Nicola Burns, global managing director. “This has included numerous consultancy projects, dedicated client teams and strategic meetings management programs. In addition the continued commercial development of spark thinking has helped enhance our creative service offering and diversify our client base.”

This is the second year in a row that the agency has demonstrated double-digit EBIT growth. The numbers have been consolidated from accounts in the company’s operations in US, Europe and Asia.

“The healthcare meetings market continues to evolve and we are looking to expand our leading position by investing in technology, prioritizing our growth in the US and further connecting our healthcare expertise across the Ashfield division to add new types of value for our clients,” says Burns. “Our focus internally will be on driving productivity and leading through our people. It has been especially rewarding to see so many of our talented people take the next step in their career with us over the last 12 months. These internal promotions, combined with a series of new business wins in 2017, has resulted in a number of openings across our US and UK offices."

After several months of renovations, the DoubleTree by Hilton Philadelphia-Valley Forge is now open as the Alloy – King of Prussia, a DoubleTree by Hilton.

 

After almost 20 years of vacancy, the Cook County Hospital in Chicago will be put to use once again. A $150 million adaptive reuse project restored the historic, 106-year-old hospital, which has become a combined Hyatt Place and Hyatt House hotel, as well as medical offices, a museum, a food hall and more. While the opening is multi-phased, the hotels are scheduled to open in late July.  

 

Doctors, nurses, grocery store employees and more were essential to sustaining the continued stay-at-home orders that helped fight the spread of COVID-19. Such workers put their health at risk for the benefit of society, and Nakoma Resort and the Lost Sierra Chamber of Commerce want to recognize them for their efforts through the “Send Your Heroes” campaign.