Exhibition World Issue 5 — 2019 | Page 31

New model Winsight link-up brings NRA tradeshow new valuable food for thought John Keenan looks at how a US media group took ownership in the tradeshow kitchen without spoiling the successful recipe for the National Restaurant Association’s annual exhibition hen media company Winsight LLC assumed operational ownership and execution of the National Restaurant Association’s annual Restaurant, Hotel-Motel Show it sent shockwaves across the exhibition industry. At the Exhibition and Convention Executives Forum in Washington this summer, the movers and shakers explained how the groundbreaking deal, signed last year, was put together and led to another record- breaking edition in May 2019. Under the terms agreed, The National Restaurant Association became an equity partner in Winsight. The association secured an advisory seat on Winsight’s board of directors, and Restaurant Business became the official magazine of the tradeshow. The tradeshow, the largest gathering of food service professionals in the world, continues to be branded under the association’s name as part of a 45-year sponsorship for the exclusive branding, content and promotion of the show. The association said the partnership would serve the emerging and changing needs of the food service industry. Working with Winsight, the National Restaurant Association said it had gained new opportunities to deliver best-in- class content, drive member value, broadcast advocacy messages, advance the industry’s stories and provide data-driven insights to fuel the restaurant and food service industry’s growth and profitability. For Winsight, the deal gave it control over the show, which this year w w w.exhibitionworld.co.uk Below: Mike Wood, Mary Pat Heftman and Dawn Sweeney on stage at ECEF drew 42,557 restaurant operators, retail foodservice professionals, equipment dealers, food distributors and many others to McCormick Place 18-21 May 2019. The figures represented a 3% increase over 2018 and record exhibition space sales were posted for a fifth year in a row. Show visitors, including exhibitors, totalled 65,526, exceeding last year’s number. Over 700,000 square feet of “We were not able to keep up in terms of digital transformation. The strategic partnership accelerates our efforts to bring show attendees and exhibitors better and deeper programming and expedites the digital transformation taking place throughout the industry”. exhibition space was taken. The association’s board of directors and related meetings were held as usual during the show. The agreement was designed to improve the show experience and provide more opportunities for members, sponsors, partners, exhibitors and attendees. The partnership has accelerated programming and content to improve attendance and help the show target senior-level operators and executives. The agreement with the association was a key move by Winsight to expand its reach in the food service sector. The Chicago-based company in 2017 had received an investment from private-equity firm Pamlico Capital. Winsight is a US-based business- to-business information, event and market intelligence company serving the restaurant and non-commercial foodservice, convenience and grocery Issue 5 2019 31