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UFI, the Global Association of the Exhibition Industry, has released the results of its 8th Global Exhibition Barometer Survey. Begun in 2009, these biannual surveys assess the impact of the economic downturn by developing an industry “barometer” based on the perceptions of UFI members worldwide, and includes members of SISO (Society of Independent Show Organizers) for the USA, AFIDA (Asociacion International de Ferias de America) in Central and South America, and EXSA (Exhibition and Events Association of Southern Africa).
The 8th edition (conducted in December 2011) is based on replies submitted from 49 countries and includes trends drawing on the results of previous surveys wherever possible.
The most striking conclusion from this 8th survey is that the positive growth recorded in 2010 and 2011 is now perceived as deteriorating with a majority of respondents in all regions declaring their business impacted by the economic crisis. The picture is less gloomy, however, when looking at gross turnover projections. While these are now considered flat in Europe, the outlook still remains solid in Asia/Pacific and the Americas and the Middle East/Africa regions continue to remain unaffected. UFI Global Exhibition Barometer January 2012
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
