Harrogate battles on in the face of council losses
Harrogate International Centre (HIC) will outsource further jobs and put a stronger focus on corporate events in a bid to offset record losses at the venue.
Revenue at international exhibition organiser ITE Group rose by more than 50 per cent in the last 12 months, the firm revealed in an interim management statement today.
The organiser of the Discover Daily Telegraph Holiday and Travel Show has blamed a combination of tougher travel industry conditions and a change in its tenancy dates for a drop in this year’s attendance.
Ocean Media Group’s new owner and chief David Moran is confident he can turn the exhibition and publishing group’s fortunes around after buying the business back from AAC Capital Partners in a private equity deal.