MGME, Hickory and InteleTravel mix forces round MICE
Delray Seashore, Fla. (Jan. 23, 2024)—InteleTravel, an built-in journey distribution group constructed on the longtime mega-host journey company, introduced immediately it has acquired MGME (McVeigh International Conferences & Occasions), a number one full-service world occasions company with over 30 years of experience in occasion planning, strategic assembly administration, incentive journey packages and artistic manufacturing, making it a trusted associate for lots of the world’s largest firms and associations.
The acquisition follows a like announcement a 12 months in the past when InteleTravel acquired company journey alliance Hickory Global Partners and is one other step within the firm’s technique to leverage its leisure journey success and shared assets throughout extra journey markets, whereas innovating in blended journey by crossing conventional strains separating leisure and enterprise journey.
The enterprise means Hickory, particularly, will increase its worth proposition to members with a brand new, important 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 companies, and artistic growth.
MGME will proceed working as an unbiased model however as an entirely owned unit of InteleTravel, similar to Hickory. Nevertheless, MGME and its shoppers will profit from InteleTravel’s assets and scale, because the three corporations take part enterprise growth, buying energy, cross-utilizing capabilities, and discovering economies and efficiencies. Examples of this embody: InteleTravel’s reserving know-how and automation will add worth for MGME and its shoppers; Hickory will present air achievement for MGME occasions via its Hickory Solutions365 launched final 12 months; the three corporations will consolidate some provide associate contracts for resort (MGME books over 100,000 room nights yearly), air, automobile, and even cruise – the place InteleTravel’s experience in constitution and market-leading relationships with cruise strains will assist develop MGME event-at-sea choices.
The deal highlights InteleTravel’s continued progress, ending 2023 with practically $1 billion in gross sales and a novel community of 100,000 journey advisors, and the corporate’s dedication to offering new assets and alternatives for its unbiased brokers and provider companions. For instance, a brand new academic program is deliberate to show advisors to generate certified leads for MGME companies, permitting a brand new supply of fee revenue for the InteleTravel advisors and a brand new supply of enterprise for MGME. Moreover, MGME will improve the attendee expertise and logistics of InteleTravel’s calendar of over 40 large-scale occasions annually.
Targeted on creating and constructing human connections, MGME produces upwards of 1,000 occasions and conferences yearly (in-person, digital, and hybrid codecs) throughout greater than 70 nations, with a price of journey and hospitality spend of over $500 million annually. In its 30-plus 12 months historical past, the corporate has cared for over 1 million company throughout 30,000 occasions for shoppers. In 2023, MGME was named to MeetingsNet’s CMI 25 Listing for the sixteenth consecutive 12 months, which acknowledges the most important full-service assembly and incentive-travel administration corporations within the U.S. company market. The corporate relies in New York and Canada (MGME acquired Prime Occasions Companions in Toronto and Vancouver in 2021), and in London in partnership with Marble LDN.
Government Feedback
“The company and enterprise journey market has rebounded absolutely, and the conferences, conferences and occasions {industry} has been a very robust space of progress with analysts projecting the rising significance of enterprise networking alternatives, information sharing and worker motivation and engagement, together with the growth of tourism normally and the development of assembly applied sciences. The MICE market is predicted to double to over a trillion {dollars} by the top of the last decade,” mentioned James R. Ferrara, President and co-founder of InteleTravel. “Getting behind a frontrunner like MGME is smart, whereas having the ability to symbolize fine quality occasion and exhibition choices is a robust aggressive benefit for each Hickory members and InteleTravel advisors.”
“The Hickory group is thrilled to align ourselves with MGME, a full-service assembly and occasions firm,” added Chris Dane, President of Hickory. “This may enable our members and companions to have full entry to top-to-bottom world-class occasion planning and coordination with out having to have interaction with a number of distributors. With our companies, 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 recreation changer.”
“I’m extremely excited to ally MGME’s skilled storytellers and skilled designers with InteleTravel and Hickory’s journey professionals and shoppers,” mentioned MGME CEO Carvie Gillikin. “I understand how a lot MGME can provide their companies, and we’re creating the following 30 years of management for MGME by having the ability to increase our journey and lodging choices for our world packages, and accessing all the opposite InteleTravel property, know-how and administration.”
About InteleTravel
Established in 1991, InteleTravel is an built-in distributor of journey constructed on the success of the world’s first and largest host journey company, with a rising community of greater than 100,000 unbiased home-based advisors throughout the U.S., U.Okay., Caribbean, Mexico, and the Republic of Eire. The corporate is acknowledged by each main journey provider, together with each resort and resort model, cruise line, trip firm, automobile rental company, and tour operator on this planet. Over the course of its 30-plus-year historical past, InteleTravel has turn out to be recognized for its management in journey gross sales, strong most popular provider relationships, groundbreaking agent teaching programs, and revolutionary journey know-how. It operates wholly owned subsidiaries Hickory International Companions and MGME. For extra data, go to www.InteleTravel.com.
About Hickory International Companions
Based over 40 years in the past, Hickory International Companions is an industry-leading world alliance for company journey companies, company journey departments and firms that delivers unparalleled negotiated reductions and commissions, assets, help, and worth that considerably advantages its members, and in the end, their shoppers. Hickory International Companions bridges the hole between members and suppliers and raises the bar on what being a world company journey alliance is all about. Its visionary resort program, strong air program, one-of-a-kind floor transportation program, complete ancillary portfolio and cutting-edge know-how and instruments, make Hickory International Companions an necessary strategic associate within the company journey {industry}. For extra data, go to www.hickoryglobalpartners.com.
About MGME
McVeigh International Conferences and Occasions, LLC (MGME) is an award-winning, high 25 supplier of revolutionary assembly administration and occasion manufacturing options on a world stage for the MICE {industry}. Targeted on creating human connections worldwide, the corporate has group members in 25 nations with conferences and occasions expertise in over 70. In its over 30-year historical past, the corporate has cared for over 1 million company throughout 30,000 occasions for the world’s largest firms and associations. International service teams offered by MGME embody Assembly, Incentive & Conference Administration, Air Journey Administration, Lodge Sourcing Options, SMM Consulting Providers (Strategic Assembly Administration), Affiliation Administration Providers, Occasion Manufacturing, and Inventive Improvement, every working both independently or seamlessly integrating as one group in partnership with shoppers. MGME relies in New York and Canada (acquired Prime Occasions Companions in Toronto and Vancouver in 2021), and in London in partnership with Marble LDN. For extra data, go to www.mcveigh.com.
