Asia/Singapore Sunday, 18th January 2026
Page 867

Vista Equity Partners completes acquisition of Cvent

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The recent merger of Cvent and Lanyon Solutions will see the two providers of cloud-based enterprise event management technology combine business operations and become a privately-held company operating under the Cvent brand in the coming year.

On Tuesday, Vista Equity Partners, owner of Lanyon, completed its acquisition of all outstanding Cvent common stock for US$36.00 per share in a transaction valued at approximately US$1.65 billion.

Reggie Aggarwal, Cvent’s founder and CEO, has been named the CEO of the new company, while David Bonnette, CEO of Lanyon, will “work with the management team through the transition to a single company”, according to a statement.

Combined, Cvent and Lanyon have more than 800 technology professionals and over 700 customer-facing support staff.

Brian Sheth, co-founder and president of Vista, said: “There is an incredible opportunity to upgrade and expand the technology in the enormous and largely untapped meetings and events industry.

“With the leadership of Cvent’s highly-successful management team, working with our experienced Lanyon team, we are bullish on our ability to seize the green field opportunity ahead and remain the market leader in this segment,” he added.

Cvent has approximately 28,000 customers in 100 countries and has powered over two million events and sourced over US$50 billion total RFP value through their sourcing networks.

Hybrid meetings the future for association events

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Members of Singapore’s elite Conference Ambassador Programme (CAP), set up by the Singapore Tourism Board to bring association events to the city-state, have raised the possibility of creating “hybridised” meetings that cross-pollinate industries.

The panellists who spoke on the topic Keeping Up The Pace: What’s Next For Association Events? during CAP’s 10th anniversary celebration last week, represented the environment, medical, scientific and agriculture fields.


(From left) Janet Tan-Collis, moderator, with panellists Anamah Tan, Chan Yew Weng, Perry Shum and Kenny Eng

Kenny Eng, president of the Kranji Countryside Association and deputy president of the Royal Agricultural Society of the Commonwealth, said the Singapore brand was synonymous with “talent, knowledge and finding solutions for the world… people see Singapore as the future”.

“Singapore has managed to find agriculture solutions and I see the possibility of doing something with health. We can start with agriculture, link it with health and that goes with medicine and science,” Eng pointed out.

Moderator Janet Tan-Collis, president of SACEOS and CEO of East West Planners, agreed that Singapore, which made a success of concepts such as hosting the F1 night race and the building two casinos which many did not want, can provide the inspiration, aspiration and thought leadership.

In Singapore’s favour were critical factors like accessibility, said Chan Yew Weng, council member and scribe of the Academy of Medicine Singapore and council member (Education Committee) of the World Federation of Societies of Anaesthesiologists. Meanwhile, Perry Shum, chair, Optical Society of America (Singapore Section) and associate vice president, IEEE Photonics Society, membership council, highlighted Singapore’s safety and pro-visitor visa regime to attract participants within a six-hour flight radius.

Supporting the proposal, Anamah Tan, founding member and executive committee member of the Singapore Association of Women Lawyers and advisor of the ASEAN Confederation of Women’s Organisations, said a hybrid event focusing on women and climate change was workable.

Moving forward, the Singapore Exhibition and Convention Bureau is providing stronger support for these ambassadors and other local associations when bidding for events to come to Singapore.

The Business Events in Singapore fund, which helps to defray costs when organising conferences here, has been enhanced to support local association members in attending relevant global business events to start their lobbying activities earlier and increase their chances of winning hosting rights for Singapore.

Destination Asia Malaysia launches PCO arm

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Destination Asia Malaysia has opened a new PCO division to meet the growing demand for specialist management of conferences and events in Malaysia.

The division will provide finance and integrated product solutions, comprising website design and online services, online and on-site registration systems, speakers and abstracts management system. It will also offer research services, venue sourcing and contracting, alongside complete event management including ground services.

Leading the Kuala Lumpur-based team are Grace Chong as director, conference and incentives, and Anitha Krishnan as business development and conference planner.

Chong will spearhead the PCO business to create new opportunities in the events sector, while Anitha will lead bidding strategies, provide trade support to key decision makers and conduct site inspections.

IHG makes MICE bookings in Thailand easier for bookers

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InterContinental Hotels Group (IHG) has recently launched a dedicated landing page, http://miceasia.ihg.com/thailand/ , for MICE events at its hotels and resorts across Thailand.

The dedicated portal, available in English, Thai and Mandarin, is aimed at facilitating the booking of meetings and events at 19 hotels and resorts across eight cities in the country. Bookers will be able to obtain detailed descriptions and visuals of the meetings spaces in each property to special promotional packages available at selected properties.

“As a MICE destination, Thailand has immense potential for growth. In 2015 the country was named Asia’s top MICE destination last year, and with the government’s plan to promote the country as the MICE centre of South-east Asia, we see an opportunity to grow our market share in this segment,” said Lincoln Barrett, vice president, sales & marketing, South-east Asia and Korea, IHG.

“We are confident that investing in a page dedicated to providing our loyal guests and bookers with all the information they need at their fingertips will go a long way in helping us gain a stronger foothold with our MICE offerings,” he added.

Clients who make bookings for meetings and events at any IHG hotel or resort in Thailand via the landing page will also benefit from the company’s IHG Business Rewards programme.

IHG currently operates 19 hotels and resorts across five brands in Thailand, with a further 15 hotels and resorts to open over the next three to five years.

Kagoshima avails tram rental options for event planners

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Kagoshima’s transportation bureau has made available three types of trams for group rental.

For the first option, the event tram, groups can tailor the route, travelling time and style.

Richard Pedlingham, founder of boutique and event space recife&teresa, welcomed the service, saying that it allows event delegates to “move through the heart of our city” and offers the flexibility for groups to “bring your own DJs, food and drink, customising it to your own particular taste”.

Starting at 16,000 yen (US$141) for a three-hour round trip, and the space to accommodate 23 to 28 people, independent event planner Chris Lawson said the event tram is good value.

Lawson added: “The tram also provides opportunities for social receptions and to have meetings with a difference, by taking small groups out of the usual venues.”

For the second option, guests can enjoy thematic trams – some decorated like a polar bear, where the name stems from the prefecture’s iconic dessert of shaved ice topped with fruit – and customise the route.

The third option is a retro tram that is suited for groups keen on exploring the city’s highlights.

Shinpei Otani, a spokesperson of the Kagoshima City Transportation Bureau, said the 70-minute sightseeing course is led by a volunteer guide.

ASAE enhances support for newly-independent Chinese associations

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The American Society of Association Executives (ASAE) has started to provide education to newly-independent Chinese associations that have been weaned off government funding and management, a process that is gaining steam in China and transforming the country’s associations landscape.

Chinese associations must now learn how to be sustainable and survive on their own which means being able to generate their own income, and to achieve that requires professionalising their association management, a concept not yet well accepted, said Maria Tong, ASAE’s China representative.

Since the establishment of an ASAE office in Beijing three years ago, it has started educating associations about their role in the society and ways to professionalise, Tong said on the sidelines of the Associations Summit 4, organised by the Philippine Council of Associations and Association Executives last week.

In the long term, she said ASAE wants to be the thought leader in China and to be the platform for linking China associations’ international counterparts.

Tong said it takes time for the Chinese government to recognise ASAE’s position but things are improving now with the government enabling associations, which are mainly government-managed and funded, to be independent.

ICESAP Conference introduces daily delegate rate

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A special daily piece-meal delegate rate arrangement has been introduced for the coming ICESAP Conference in Singapore, which will kick off this Wednesday.

Organised by the Incentive Conference & Event Society Asia Pacific (ICESAP), the event will discuss the challenges and opportunities faced by stakeholders in the incentive event and conference industry. Sessions will be moderated by industry veteran Robin Lokerman, board member of ICESAP and group president of MCI Group, and will feature speakers such as Charles Robinson, senior vice president and managing director of Jack Morton Worldwide (Singapore), and Meredith Smith, executive director, Enterprise Shared Services of Merck Sharp & Dohme.

Nigel Gaunt, ICESAP president, said the new arrangement “is designed for Singapore delegates in particular” and offers last minute flexibility to attendees who would otherwise have to buy a full three-day package costing US$700 per delegate.

The delegate rate arrangement is offered as such:

  • Half-day on Nov 30 plus cocktail: US$150
  • Full-day conference including two breaks and lunch: US$140
  • Awards cocktail and dinner only: US$310
  • Full-day conference plus awards on Dec 1: US$450
  • Three-day conference only with no evening activities: US$340
  • Half-day conference only on Nov 30: US$110
  • Half-day workshop only on Dec 2: US$110

Visit conference.icesap.org for details.

[Sponsored Post] JNTO reaches out to Singapore-based associations with roadshow

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Japan National Tourism Organisation (JNTO) met 40 specially selected Association Buyers and PCOs handling association meetings at the recent destination roadshow in Singapore on the 27th of October 2016, co-organised by IT&CM Events.

Convention Visitor Bureaus (CVBs) from 7 major cities – Chiba, Hiroshima, Kitakyushu, Matsue, Okayama, Okinawa, Sapporo – were flown in from Japan by JNTO for an exclusive presentation session with buyers from Singapore.

The roadshow also offered prospective buyers an insight into Japan’s latest infrastructure, facilities and capabilities, government and municipal support, as well as the incentives available to encourage organisers to explore regions outside of the usual metropolitan cities to host their next association meetings.

Aiming to increase the number of international association meetings and conferences from overseas to Japan, Mr Masatoshi Miyake, Executive Director, JNTO, reinforced, “Japan’s position is a unique one. We are the centre of research and industry, which enables technical visits and networking opportunities to be easily organised. Our country showcases a surprising variety of tradition, hospitality, and innovation as well as geographic diversity – an excellent assortment of culture, activities, and destinations to satisfy an event’s business, education, and social networking objectives.”

In April, JNTO’s Singapore office officially expanded its support services to meetings and incentive planners in Malaysia, Vietnam, Philippines, and India.

Coupled with previous collaborative successes and the Asia-Pacific’s increasing potential for MICE in hosting major conferences, JNTO’s partnership with IT&CM Events for the 3rdyear running was an unequivocal one, reiterating the breadth and depth of IT&CM Events’ capabilities of going beyond mere trade shows and appointments to add value by providing alternative platforms for clients to create business opportunities.

Susan Maria Ong, MICE Director – Asia-Pacific, JNTO Singapore, said, “Our roadshows with IT&CM Events have been the most ideal in allowing our Japanese CVB’s stakeholders to network and leverage on their contacts with local MICE buyers, PCOs, and association representatives. These settings also serve as an educational platform for both sides to gather vital information on the venues and support programmes offered by the destinations as well as the prerequisites and conditions they may need to cater to these buyers.”

Association Buyer Ewell Tan, Project Manager, IEEE Asia-Pacific Limited conveyed, “Being able to approach different convention bureaus at the roadshow was very effective as compared to a presentation by a single city or destination. A number of cities in Japan stood out for me because of the extent of support available and attentiveness to an association’s needs. The face-to-face interaction in smaller groups also allowed us to share our thoughts easily while being given the assistance we needed upfront.”

Kitakyushu’s first participation at the roadshow proved productive, expressed Mr Nobuhiro Abe, Convention Promotion Manager, Kitakyushu Convention Bureau, “We were selected by JNTO as a MICE Growth City, hence our mission to increase the number of international conferences to Kitakyushu. We were able to meet prospective association buyers and organisers all in one location, which was very beneficial in promoting our city out of Japan.”

Returning for the 2nd year, Miyako Kawakami, Manager, Sapporo Convention Bureau, added, “Sapporo’s reputation as an Incentive Travel destination speaks for itself. However, the brand recognition and awareness of Sapporo as the top choice destination for Association and Corporate meetings still needs to be developed within the Asia-Pacific. Our participation last year was great for building the groundwork among industry players. This year, we wanted to strengthen that image and make it our key objective.”

The half-day event included an enriching talk on Meetings Planning insights by Ms Janet Tan-Collis, President of Singapore Association of Convention and Exhibition Organisers and Suppliers (SACEOS), a networking coffee break, and a lucky draw giveaway with gifts generously sponsored by each Convention Visitor Bureau from the various cities in Japan.

To find out more about organising a targeted roadshow like this, contact sales.itcma@ttgasia.com.

PICC to add new exhibition space, museum as part of upgrading plans

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The Philippine International Convention Center (PICC) is expanding with the construction of a museum already started and the building of a new trade and exhibition hall beginning next year.

The museum will display historical artefacts and art currently curated at the existing museum of the Central Bank of the Philippines, revealed PICC general manager Renato Padilla on the sidelines of the Philippine Council of Associations and Association Executives (PCAAE) Associations Summit 4 gathering.

He said that the museum will be an added attraction for event delegates and will complement PICC as a MICE venue.

Meanwhile, the planned PICC Trade Exhibit Hall will replace the space currently known as The Forum, a tented 4,000m2 multipurpose facility.

The new venue will be much bigger at 5,700m2 and will be a permanent structure located separate from the existing PICC edifice and can be divided into three smaller halls. Facilities include pre-function lobbies, loading bays and service pantries.

Padilla added that the 40-year-old PICC is undergoing upgrading works by phases and will be replacing old bulbs with more efficient LED lighting and moving to inverter air conditioning systems.

Furnishing, equipment and faster internet speeds are also part of the enhancements to keep pace with competition.

AFECA names best in Asia’s MICE industry at second awards ceremony

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The Asian Federation of Exhibition and Convention Associations (AFECA) celebrated its 11th anniversary and held its second AFECA Awards ceremony in Xiamen earlier this month in recognition of the best performers in the industry in Asia.

AFECA board members and advisory council members, including president Walter Yeh, honorary president Dilys Yong and president of Xiamen Convention & Exhibition Association (XMCEA) Zheng Zhi, awarded important members and individuals for their contributions over the past year during the event.

Awards handed out include the Outstanding Trade Exhibition, Outstanding Consumer Exhibition, Outstanding Convention/Congress Award, Outstanding Service Award, the Young Professional Award as well as the Outstanding Venue Award, the first time it is being presented.

“This year marks the 2nd AFECA Awards, and after last year’s success, we received even more interest and nominations this year. All nominees represent excellence and outstanding performance in the Asian MICE industry and showcases how far the industry has advanced over the past years,” said Yeh.

In conjunction, starting this year, winners will be given a symbol of recognition by AFECA. These AFECA Recognized logos – split into AFECA Recognized Event, AFECA Recognized Venue and AFECA Recognized Service Provider categories – is an endorsement of quality, innovation and sustainability of organisers by the association.

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