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Friday, May 3, 2024

Informa plans more events as demand bounces back

Event organiser Informa Markets Thailand plans to host more exhibitions to combat rising operational costs and maximise its revenue, as demand for face-to-face meetings recovers following the pandemic.

“The pandemic proved that face-to-face meetings are more effective for business,” said Sanchai Noombunnam, the company’s country general manager.

This year the company expects to host 16 exhibitions, up from 14 in 2022 and 9-10 events per year prior to the pandemic, said Mr Sanchai.

Informa Markets Thailand, which focuses on international exhibitions for business-to-business meetings in Thailand, is part of Informa Plc, which is listed on the London Stock Exchange.

In 2022 the company earned 640 million baht in revenue, or 70% of the 2019 total, Mr Sanchai said. Informa expects 900 million baht in revenue this year, or 90% of the 2019 total, driven by new…

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