Exhibition World Issue 1 – 2019 | Page 44

Cover feature Bikes, tariffs and takeover deals Words by Paul Colston We seem to be living through a time of turbulence in the global exhibition market, with big shows like Interbike and Cebit abruptly ceasing, alongside some big organiser acquisitions and the wild card of tariffs US tariffs on Chinese imports were certainly the main scapegoat for Emerald Expositions Events Inc. when announcing before the New Year the end of its 37-year Interbike show, scheduled for Reno, USA, in September 2019. Emerald’s Executive VP Darrell Denny said “it became pretty clear the market had changed quite a bit. We need to look at how we can serve the market in a different way. It will have to be pretty cost-efficient with inexpensive travel”. The Cebit (the world’s largest IT show in Hanover) story also illustrated that big show organisers need to be listening to their exhibitors and visitors constantly and acting on research and feedback quickly, as the pace of change accelerates. Cebit organiser Deutsche Messe AG stunned the market when it pulled the giant tradeshow as exhibitors and visitor numbers dwindled. The storm clouds had gathered fast. Bloomberg’s Michael Sasso is one observer who believes Chinese tariffs are another factor keeping US tradeshow organisers on edge.