Quick takes

KLCC expecting more than 700,000 visitors in 2023

Malaysia’s Kuala Lumpur Convention Centre has already confirmed over 200 events in 2023, which are expected to draw more than 700,000 delegates and visitors throughout the year. Including 28 new conferences and exhibitions, KLCC has booked 18 international and national conventions, 35 exhibitions and around 160 corporate meetings and events so far in 2023.

GL events reports 77% gain in annual revenue

Integrated event industry group GL events reported annual revenue of US$1.32 billion, up 77.4% from the previous year. The Group noted that recent growth in Europe and the Americas more than offset the decline in Asia, which continued to be impacted by China’s lockdown measures during the year.

Koelnmesse expected to reach €237 million turnover in 2022

Expecting to achieve turnover of €237 million (US$254million) in 2022, Koelnmesse has continued its upward trend in revenue, building on returning confidence in trade fairs as a marketing tool and strict cost-cutting measures. Koelnmesse anticipates further normalisation of its event business in 2023, and is planning a total of 74 events this year.