Geneva International Motor Show’s Association Owner Sells to Local Venue
July 6, 2020
In what could be a harbinger of things to come, the Geneva International Motor Show not only was forced to cancel its March 2020 show due to COVID-19, but also the association responsible for organizing the event decided to sell the show to Palexpo SA.
Palexpo SA is a convention center located next to the Geneva Cointrin International Airport in which GIMS is held.
GIMS originally had sought a loan from the local government – the Canton of Geneva - which was granted, although there were conditions attached.
The show’s association was obligated to make a repayment of 1 million Swiss francs as early as June 2021, before having had the opportunity to generate additional funds.
The government wanted GIMS to run in 2021, but show organizers deemed it impossible.
GIMS’ exhibitors, comprised of global car manufacturers, were surveyed by show organizers and said they did not want a show in 2021.
“The automotive sector is currently going through a difficult phase, and exhibitors need time to recover from the effects of the pandemic,” GIMS’ organizers said in a statement.
Show organizers added, “Furthermore, it is far from certain that the current health situation would permit the organization of an event attracting more than 600,000 visitors and 10,000 journalists next spring.”
GIMS’s organizers said the reason for the sale of the show to Palexpo SA was to find a “solution that will ensure the regular organization of an International Motor Show in Geneva.”
The purchase of the assets would transfer all rights to the organization of GIMS to Palexpo SA.
GIMS is the largest public event in Switzerland and has a CHF 200 million in economic impact on the region.
Partner Voices
Overview:
The award-winning Orange County Convention Center (OCCC) goes the extra mile to make every day extraordinary by offering customer service excellence and industry-leading partnerships. From their dedicated in-house Rigging team to their robust Exhibitor Services, The Center of Hospitality brings your imagination to life by helping you host unforgettable meetings and events. With more than 2 million square feet of exhibit space, world-class services and a dream destination, we are committed to making even the most ambitious conventions a reality.
In October 2023, the Orange County Board of County Commissioners voted to approve allocating Tourist Development Tax funding for the $560 million Phase 5A completion of the OCCC. The Convention Way Grand Concourse project will include enhancements to the North-South Building, featuring an additional 60,000 square feet of meeting space, an 80,000- square-foot ballroom and new entry to the North-South Building along Convention Way.
“We are thrilled to begin work on completing our North-South Building which will allow us to meet the growing needs of our clients,” said OCCC Executive Director Mark Tester. “As an economic driver for the community, this project will provide the Center with connectivity and meeting space to host more events and continue to infuse the local economy with new money and expanding business opportunities.”
Amenities:
The Center of Hospitality goes above and beyond by offering world-class customer service and industry-leading partnerships. From the largest convention center Wi-Fi network to custom LAN/WAN design, the Center takes pride in enhancing exhibitor and customer experience.
The OCCC is the exclusive provider of electricity (24-hour power at no additional cost), aerial rigging and lighting, water, natural gas and propane, compressed air, and cable TV services. Convenience
The Center is at the epicenter of the destination, with an abundance of hotels, restaurants, and attractions within walking distance. Pedestrian bridges connect both buildings to more than 5,200 rooms and is within a 15-minute drive from the Orlando International Airport. The convenience of the location goes hand-in-hand with top notch service to help meet an event’s every need.
Gold Key Members
The OCCC’s Gold Key Members represent the best of the best when it comes to exceptional service and exclusive benefits for clients, exhibitors and guests. The Center’s Gold Key memberships with Universal Orlando Resort, SeaWorld Orlando and Walt Disney World greatly enhance meeting planner and attendee experiences offering world-renowned venues, immersive experiences and creative resources for their events.
OCCC Events:
This fiscal year, the OCCC is projected to host 168 events, 1.7 million attendees, and $2.9 billion in economic impact.
The Center’s top five events during their 2022-2023 fiscal year included:
AAU Jr. National Volleyball Championships 2023
200,000 Attendees
$257 Million in Economic Impact
MEGACON 2023
160,000 Attendees
$205 Million in Economic Impact
Open Championship Series 2023
69,500 Attendees
$89 Million in Economic Impact
Sunshine Classic 2023
42,000 Attendees
$54 Million in Economic Impact
Premiere Orlando 2023
42,000 Attendees
$108 Million in Economic Impact
Add new comment