Welcome to another edition of Aventri’s Connect Weekly column, where we share the top five news stories from the week that today’s meeting and event planners should know. We aim to cover everything from the worlds of events, technology, business, marketing, social media, travel, hospitality and beyond. Check out the top stories from the week of October 19, 2020.U.S. Accuses Google of Illegally Protecting Monopoly
On Tuesday, the U.S. Justice Department accused Google of illegally protecting its monopoly over search and search advertising. The agency accused Google of locking up deals with giant partners like Apple and throttling competition through exclusive business contracts and agreements. This hallmark anti-trust case has the potential of reshaping the way consumers use the internet. Learn more about this antitrust case against Google, here.
Online Travel’s Traveloka Sees Signs for Hope in Southeast Asia Recovery
Indonesia’s largest online travel player and Jakarta-based unicorn agency, Traveloka is expected to break event by early 2021. Henry Hendrawan, president of Traveloka, said he expects profitability even with the pandemic. Back in July, the company raised $250 million in fresh funding and a lifeline for the company after bookings dropped to zero in April and May. Now with the return of domestic travel, the company’s three biggest markets – Indonesia, Thailand, and Vietnam – are recovering and showing promise. Read more about Traveloka.
San Antonia Offers Renovated Spaces, New Hotels and an Upgraded Convention Center for Post-Pandemic Meetings
San Antonio is a growing hub for meetings and conventions, seeing an uptick in visitors prior to the pandemic. As a result, there have been many new projects under-development. One such project is the San Antonio Botanical Garden. This $20 million, multi-year expansion features an onsite Education and Event Center, and a 3,500 square-foot indoor venue that can host up 300 guests and 200 guested seated for banquets and receptions. Read more about all the projects under construction in San Antonio, by clicking here.
Live Exhibitions Are Here to Stay: UFI
Explori, in partnership with UFI, the Global Association of the Exhibition Industry, and supported by the Society for Independent Show Organizers found that exhibition visitors and exhibitors prefer live events. These findings were based on more than 9,000 responses from across 30 countries. Additionally, it was found that there is no evidence of a major shift away from face-to-face meetings. The social aspect of events remains a critical draw for both groups and as found cannot be served effectively by digital events. Learn more about the study’s findings and the future of the events by viewing here.
Aventri Virtual Event Platform Success Story – HLB
At the start of the pandemic, HLB had the dilemma of postponing their event or cancelling it all together. With the help from Aventri, HLB was able to save its annual event by pivoting to virtual. As a result, they were able to grow their conference by 50%. Their event held 40 sessions, with speakers and delegates from 76 countries, and had over 400 registrants. Read the complete success story here.