article thumbnail

How AI Is Changing Event Attendee Experiences For The Better

Stova

The market is forecasted to grow to nearly $267 billion by 2027 – up from $27.23 AI (Artificial Intelligence) is becoming more important than ever, particularly as modern cloud computing technology enables more powerful, flexible, scalable AI tools. billion in 2019.

2027 105
article thumbnail

State-of-the-art new studio facility, B30 Studios, opens in the West Midlands this October

Event Industry News

Far from a temporary phenomenon in response to the shutting down of physical events and traditional studios during the Covid-19 crisis, a recent report published by Allied Market Research reveals that the UK and Ireland virtual event market is expected to grow at a CAGR of 13.3% billion by 2027. to reach £26.3

2027 124
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Event Technology & Digital Innovation for Events in the Post Covid Era

GEVME

The global virtual events market size valued at $77.98B in 2019 is expected to grow at a CAGR rate of 23.2% from 2020 to 2027. The only way the industry could survive was by making a virtual pivot.This was an option, but it wasn’t an easy option. Since the pandemic, virtual events increased by ~1000%.

article thumbnail

New York City Hotel Licensing Fight: What Meeting Profs Need to Know

Smart Meetings

But by 2027 or sooner, there will be “almost nothing” in the pipeline. Hotel room rates in New York for the first six months of this year are already up by 5.6%, Freitag says, as compared to under 2% in the top 25 markets and about 1.2% Nice Planner! The pipeline in New York used to be 10,000 rooms,” he says. It gets worse.

Hotels 116
article thumbnail

Live music revenue in the UK to hit all-time high in 2023

Skiddle

per year until 2027. Elsewhere, PwC predicts that the UK live music market will generate £1.63bn in 2023, compared to the £1.54bn from 2019. According to a study carried out by international professional services firm PricewaterhouseCoopers – PwC – revenue will grow by 7.4% Photo: Sascha Hormel / Pexels.com PwC said that the 7.4%

2027 52
article thumbnail

ABPCO celebrates a year of growth and success

Event Industry News

In particular, ABPCO has achieved a 13% increase in PCO members, bringing the total to 155, a significant step towards its goal of 200 members by 2027. The Association of British Professional Conference Organisers (ABPCO) is celebrating 2023 as a remarkable year of achievements and growth.

2027 64
article thumbnail

ASM Global Europe to showcases 8 premier venues at The Meetings Show

Prestige Events Magazine

Southport Marina Lake Events Centre (MLEC) (Opening 2027): A transformative venue with a 1,200-seat auditorium and 1,500 sqm of exhibition space. The new venues will provide cutting-edge facilities for a wide range of conference, exhibitions, meetings and events as well as live entertainment.

2027 59