InteleTravel Announces Acquisition of Global Events Agency MGME

InteleTravel Proclaims Acquisition of World Occasions Company MGME


Mega-host journey company InteleTravel has efficiently acquired the main full-service international occasions company MGME (McVeigh World Conferences & Occasions).

Coming off of final yr’s acquisition of company journey alliance Hickory World Companions, the transfer positions the Delray Seaside, Florida-based company to excel within the profitable MICE (conferences, incentives, conferences and occasions) market.

MGME, which relies out of New York, London and Canada, produces as much as 1,000 occasions and conferences yearly—whether or not in-person, digital or hybrid—throughout greater than 70 nations leading to a journey and hospitality spend of over $500 million annually.

“The enterprise means Hickory, specifically, will broaden its worth proposition to members with a brand new, vital income. The MGME integration will empower Hickory member company companies and journey departments to supply their shoppers award-winning occasion manufacturing, assembly planning, convention logistical providers, and artistic growth,” InteleTravel stated in Tuesday’s press launch.

Like Hickory, MGME will proceed working as an impartial model however as an entirely owned unit of InteleTravel, which not too long ago introduced its return to the Journey Leaders Community.

Nevertheless, the acquisition permits MGME and its shoppers to profit from InteleTravel’s sources and scale, together with its reserving expertise and automation in addition to the not too long ago launched Hickory Solutions365.

Collectively, the three firms will consolidate some provide accomplice contracts for resort, air, automobile and cruise.

“The company and enterprise journey market has rebounded totally, and the conferences, conferences and occasions trade has been a very sturdy space of development with analysts projecting the rising significance of enterprise networking alternatives, data sharing and worker motivation and engagement, together with the enlargement of tourism usually and the development of assembly applied sciences,” InteleTravel co-founder and President James R. Ferrara stated in a press release.

“The MICE market is predicted to double to over a trillion {dollars} by the top of the last decade,” stated James R. Ferrara, President and co-founder of InteleTravel. “Getting behind a pacesetter like MGME is sensible whereas with the ability to symbolize the high-quality occasion and exhibition choices is a robust aggressive benefit for each Hickory members and InteleTravel advisors,” Ferrara added.

“The Hickory workforce is thrilled to align ourselves with MGME, a full-service assembly and occasions firm,” added Hickory President Chris Dane. “This can permit our members and companions to have full entry to top-to-bottom world-class occasion planning and coordination with out having to interact with a number of distributors. With our providers, like Hickory Solutions365 for staffing air and registration overflow, MGME’s added quantity for key suppliers, and new sources of enterprise throughout, it’s a pure match and a sport changer.”

“I’m extremely excited to ally MGME’s skilled storytellers and skilled designers with InteleTravel and Hickory’s journey professionals and shoppers,” MGME CEO Carvie Gillikin acknowledged. “I understand how a lot MGME can supply their companies, and we’re creating the following 30 years of management for MGME by with the ability to broaden our journey and lodging choices for our international packages, and accessing all the opposite InteleTravel property, expertise and administration.”

Following a record-breaking 2022, InteleTravel ended 2023 with practically $1 billion in gross sales and a novel community of 100,000 journey advisors.

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