• 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."

Jumpstarting tourism in cities across the country will be more complicated than simply opening doors again – especially in cities with large populations like Chicago. However, working together proves more effective, and in Chicago, more than 250 businesses are banding together to join Choose Chicago’s new initiative, Tourism & Hospitality Forward. It bolsters a safe reopening that encourages tourism as well as meetings and events in

 

The new reality for in-person meetings and events is coming into focus. While gatherings were cancelled or went virtual during the first few months of the COVID-19 pandemic, states are now slowly beginning to reopen and move toward a return to in-person gatherings. Associated Luxury Hotels International, or ALHI, published safety recommendations for planners, hotels, airlines and more, as society begins to formulate safety guidelines for travel, tourism, meetings and events.  

 

The U.S. Travel Association has called the current moment the “Great Travel Depression,” in light of the economic effects resulting from the coronavirus pandemic.