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According to Carats & Cake’s First B2B Survey, 87 Percent of Event Venues and Vendors are Optimistic About the State of their Industry Coming Out of the Pandemic

According to Carats & Cake’s First B2B Survey, 87 Percent of Event Venues and Vendors are Optimistic About the State of their Industry Coming Out of the Pandemic

NEW YORK–()–Carats & Cake, the financial operating system for the events industry, today announced findings from its first quantitative B2B survey of event venues and vendors. The results revealed that 2022 restored optimism for the events industry and the wedding market is not slowing down heading into 2023. The Carats & Cake B2B Study gathered intelligence from wedding and events industry venues and vendors to better understand the landscape and priorities coming out of the pandemic.

While the pandemic affected the wedding and events industry greatly, the survey results revealed that 87% of respondents are optimistic about the current state of the events industry. In fact, 67% of respondents are fully booked for 2022 and 78.6% are already booking up for 2023, further showing that this year’s wedding boom is not slowing down. 89.9% of respondents did note that they feel helping their customers manage their budgets is somewhat to very important, making flexible payment solutions of great value given rising inflation.

Coming out of the pandemic, consumers are more cautious as they plan for big events with 57.3% of survey respondents revealing that new contract terms around cancellations are becoming common. 79.1% of vendor and venue respondents have not canceled or rescheduled any 2022 weddings pointing to a renewed sense of stability and confidence in moving forward with large scale events.

The results also revealed that:

  • 87.4% of respondents are primarily booking events with over 75 guests
  • 67.3% of respondents are working on weddings with a combination of indoor and outdoor settings
  • 59.9% of respondents feel the wedding market is “very hot” right now
  • 41.2% of respondents added new service offerings in light of the pandemic

“It’s clear that large scale events are back and bigger than ever. In this market, however, consumers are being even more conscientious about how they spend their budgets and venues and vendors are stepping up to ensure they’re part of the solution,” said Jess Conroy, Founder and CEO, Carats & Cake. “Our venue partners and industry vendors are getting heavily booked and are busy years in advance. Our survey results show that couples, while more aware of potential risks and ways to mitigate them, are feeling confident with booking and making their events come to life.”

To access the full results of the Carats & Cake survey, please visit: https://caratsandcake.com/articles/2022-wedding-industry-survey

About Carats & Cake

Carats & Cake is the financial operating system for the events industry. Built by industry leaders, Carats & Cake has cultivated nearly a decade of trust with best-in-class businesses. Founded in 2013 and backed by 1Sharpe Ventures, Acrew Capital, Founders Fund, Moore Specialty Credit, Correlation Ventures, GMO VenturePartners, and others, Carats & Cake delivers purpose-built sales tools and financial solutions to transform the $100B events industry.

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Langley, Delta venues announced for World Under-17 Hockey Challenge – Surrey Now-Leader

Langley, Delta venues announced for World Under-17 Hockey Challenge - Surrey Now-Leader

The world’s top under-17 hockey talent will be making their international playing debuts in Langley and Delta this fall.

After a two-year hiatus due to COVID restrictions, Hockey Canada’s 2022 World Under-17 Challenge returns Nov. 5-12, with games taking place at the Langley Events Centre and North Delta’s Sungod Arena.

The tournament, which features three Canadian teams and five international squads, is meant to showcase “the future stars of the game,” according to the event’s website.

“This event is the first step in Hockey Canada’s Program of Excellence and fans in Metro Vancouver will be able to watch some of the top young players in the world throughout the tournament,” Dean McIntosh, vice-president of events and properties for Hockey Canada, said in a press release Friday officially announcing the LEC and Sungod as this year’s venues.

Since its inception in 1986 as the Quebec Esso Cup, more than 1,600 NHL draft picks have played in the World Under-17 Hockey Challenge, including 21 first-round picks: Pierre Turgeon, Mats Sundin, Alexandre Daigle, Bryan Berard, Joe Thornton, Vincent Lecavalier, Ilya Kovalchuk, Rick Nash, Marc-André Fleury, Alexander Ovechkin, Eric Johnson, Patrick Kane, John Tavares, Taylor Hall, Ryan Nugent-Hopkins, Aaron Ekblad, Connor McDavid, Auston Matthews, Jack Hughes, Alexis Lafrenière and Owen Power.

Ten different countries have competed alongside the Canadian entries over the event’s history: Czech Republic, Czechoslovakia, Finland, Germany, Norway, Russia, Slovakia, Soviet Union, Sweden and the United States.

Participating countries for the 2022 World Under-17 Challenge have yet to be announced.

This year’s tournament will be the fourth time the event has been held in B.C., but the first time it will be hosted in the Lower Mainland.

Township of Langley Mayor Jack Froese said the community is honoured to have been chosen as one of the tournament’s hosts, calling it a “marquee international event.”

“We look forward to welcoming many of the top players from around the world as well as all the passionate hockey fans to witness the participating teams chase their dreams of capturing international glory,” Froese said in a press release.

“Whether it is the players or the spectators in attendance, we are sure they will enjoy their experience here at Langley Events Centre, a world-class facility that has become one of the province’s premier destinations for sports, recreation and entertainment.”

Delta Mayor George Harvie said the city is thrilled to be selected to host the best young hockey players from across the globe this November.

“Delta has a long and rich hockey history, from minor hockey to the Vancouver Giants, to being the hometown of Stanley Cup champions,” Harvie said in a press release.

“The World Under-17 Hockey Challenge continues Delta’s deep and longstanding relationship with Canada’s game, and we look forward to welcoming visitors, players, coaches and officials to Delta and, of course, watching the action on the ice.”

Cameron Hope, chief executive officer for BC Hockey, said the organization and its member partners and associations looks forward to working with the event’s host group “to provide grassroots initiatives that will remain in the local communities as a legacy in partnership with this very special international hockey event.”

The 2019 event — held in Medicine Hat, Alta. and Swift Current, Sask. — saw the three Canadian teams and one each representing Czech Republic, Finland, Russia, Sweden and U.S. play 22 games over eight days, with some games broadcast on TSN and others streamed on Hockey Canada’s website. Russia beat the Americans for gold, while Czech Republic took home bronze.

In early 2020, Hockey Canada was considering a joint bid to host the 2021 event in North Delta, Langley and Chilliwack. However, when COVID-19 hit, the pandemic forced the cancellation of that year’s tournament (scheduled to take place Oct. 31 to Nov. 7 in Charlottetown and Summerside, P.E.I.) and put future plans on hold.

The event was again cancelled in 2021 and replaced with the one-off Capital City Challenge, a six-day tournament featuring three men’s U17 teams and Canada’s national women’s team that served as part of the latter’s preparation for the Winter Olympics in Beijing two months later.

On-sale date for the World Under-17 Challenge has not yet been announced, but tickets when they become available can be purchased at hockeycanada.ca/tickets.

— with files from Tom Zillich



editor@northdeltareporter.com

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Ungerboeck’s Latest Acquisition Enables Launch of Risk Management Tool for Venues and Events

Ungerboeck's Latest Acquisition Enables Launch of Risk Management Tool for Venues and Events

ST. LOUIS, May 24, 2022 (GLOBE NEWSWIRE) — Ungerboeck, the global leader in event management software, announced today that it has acquired the products developed by risk management agency Reliance Risk and will be debuting an industry-first application for mitigating risk to events and venues.

Risk management is an essential part of venue management and event planning. As the industry continues to be impacted by major shocks like the COVID-19 pandemic, terrorism, accidents, and severe weather incidents, Ungerboeck is committed to helping its customers better manage risks of all kinds.

The acquisition of both Reliance Risk products, RiskSense101 and VRM360, gives Ungerboeck the power to offer a valuable new solution: Risk Manager by Ungerboeck. The new application is specifically designed to give venue and event organizers a better understanding of threats and help them be proactive instead of reactive in the face of potential issues. 

“The unique nature of events dictates the need for a customized, simple, but powerful technology solution to help mitigate and monitor risk,” said Wayne Middleton, founder of Risk Sense Technologies and co-developer of the new application. “We have built this into Risk Manager by Ungerboeck and are grateful for the shared vision, passion, and global reach that Ungerboeck brings to help our industry manage risk.”

Steve Mackenzie, Executive Vice President of Ungerboeck, said the new application fills a void in the market. 

“Over the past few years, several events have become major headlines for all the wrong reasons,” he said. “Think of the Manchester Arena bombing, the shooting in Las Vegas, or the Astroworld crowd incident. By offering this tool, we are ensuring venue and event operators are equipped to identify potential risks and produce the necessary tasks and reports to back up the process.” 

Before joining the Ungerboeck family, Middleton’s risk management software was already used in venues across the Asia Pacific Region. Now thanks to Ungerboeck’s global reach, thousands of additional organizations will benefit. 

“Qudos Bank Arena, along with the larger ASM Global operated venues throughout Australia, have held a license to the software for over seven years. It has been an important tool in helping us understand the risks that our venues encounter and ensure that we have taken appropriate measures to mitigate them,” said Steve Hevern CVE, General Manager of Qudos Band Arena. “We congratulate Wayne and Ungerboeck on this global partnership and look forward to more innovative technology that will help us continue to host safe and successful events.” 

Middleton will continue in his role as Managing Director of Reliance Risk, and as a risk management consultant, setting the benchmark for best practices across the industry.

“We’ll build on the unique system that Wayne, a world-renowned risk management expert, has developed over the past decade,” Mackenzie said. “This is incredibly exciting for the market to finally have access to a dedicated risk management software.” 

About Ungerboeck

Ungerboeck provides industry-leading event and venue management software to over 50,000 users in more than 50 countries, empowering the people that bring people together. Its comprehensive platform offers event professionals powerful Software as a Service (SaaS) technology that provides a 360-view of their business, allowing them to cut costs, save time, and increase revenue. Founded in 1985, Ungerboeck is headquartered in the United States, with regional presence in Germany, France, Mexico, England, Australia, Mainland China, Hong Kong, and Singapore. ungerboeck.com

About Reliance Risk

Reliance Risk is a risk management consultancy established to provide quality risk management and safety support. We offer services across the risk spectrum with expertise in health and safety, business risk, business continuity and resilience, security, and emergency management. Many of our consultants have international risk management experience working across a range of industry sectors and we draw upon our network of technical experts to provide the right solution for client needs.


        
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Why the NFL Draft is one of the few sports events where bettors have been beating sportsbooks

Why the NFL Draft is one of the few sports events where bettors have been beating sportsbooks

There’s a saying in gambling that the “house always wins,” meaning that in most cases casinos and betting operators have better odds to win than bettors.

That philosophy also applies to sports betting where sportsbooks typically make profits on events ranging from the Super Bowl to March Madness to the MLB playoffs. One major sports-related event, however, is different. It’s the one event where bettors may be able to outmaneuver the sportsbooks: the NFL Draft.

As ESPN has reported, gamblers have been getting the better of sportsbooks on the draft for years, but continue to offer the service in order to satisfy customer demand.

Over $20 million was bet on last year’s draft, with more likely to be wagered this year. Bettors can wager on who will be selected No. 1 overall, which player will be the first wide receiver taken, and which players will be selected in the top 10 — there are hundreds of available bets such as these on legal U.S. sportsbooks like DraftKings
DKNG,
+1.66%

and the Caesars
CZR,
+5.05%
.

But why is the draft unique? It’s mainly because in most cases, sportsbooks have more information than bettors. They have enormous databases on every player of every team, team trends, and tendencies of coaches and referees, among other things. But the draft is not a live sports game, you’re betting on people making decisions in a draft room.

“For instance in the Super Bowl, we have so much data, there’s so much information, that we’re so confident that the Rams should be 4.5 point favorites over the Bengals,”Jay Croucher, Head of Trading at the PointsBet sportsbook, said during a Wednesday interview with NBC. But he added, about the NFL Draft: “This kind of market, I really can’t tell you with much confidence who should go number one, or who will go number one.”

For once, sportsbooks and bettors are on a level playing field. Sportsbooks and bettors don’t have to forecast complex games with several dozen people involved, they simply need to learn the preferences of a General Manager, the person who makes a team’s draft pick. And one way to do that, is through information.

Here’s an example of how bettors can do well wagering on the NFL Draft. In the days leading up to last year’s draft, NFL Network Insider Ian Rapoport reported that “most people” believe the Atlanta Falcons will select tight end Kyle Pitts at pick No. 4. Rapoport is one of the plugged-in analysts when it comes to NFL news, and has millions of followers on Twitter, so when he tweets information like that, the betting markets move.

Nine days before the draft, the odds that the Falcons would select a tight end was +160, but on the morning of the draft it was -250, representing a massive implied probability change from 38.% to 71.4% in a matter of days, according to odds from William Hill. If you were able to make that bet fast enough, you were able to cash in when the Falcons indeed chose Kyle Pitts a little over a week later. You can find a further explanation of how betting odds work here.

You didn’t need a giant database or tracking data to be able to bet on Kyle Pitts to be selected there, you just needed to be following Rapoport on Twitter.

Coucher conceded that sportsbooks basically rely on the same information as public bettors, indicating the draft is one big probabilistic guess.

“Alleged text messages from someone who might be a cousin of someone who might work at the Jags (the team selecting at No. 1 in 2022), this is the stuff that drives the market…its mock drafts, its sources, its things that get posted on Twitter,”
TWTR,
+0.97%

Coucher went on to say.

Last year was the third time that Americans could legally wager on the NFL Draft — the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) in 2018, allowing individual states to legislate sports betting — and bookmakers readily admit that they don’t always make money accepting bets on the NFL Draft.

“From a bookmaker’s perspective, handicapping the NFL Draft is one of the most difficult things that we do,” Johnny Avello, the Director of Race & Sportsbook Operations at DraftKings, wrote to MarketWatch in an email. “In this particular instance, I would move the needle towards the bettor. It’s been tough for us to make money in the draft.”

See also: What time does the NFL Draft start? Here’s what you need to know about how to watch the 2022 NFL Draft

As mentioned above, quick reactions to breaking news from people who frequently talk with people who help run NFL teams can spread fast, but bettors who can take advantage of that information can get a leg up on the sportsbooks.

In sports competitions, chance and perhaps more accurately randomness can have a huge impact. Whether it’s a bad shooting night for the best shooter in an NBA game, or a weird bounce of a the prolate-spheroid-shaped football during a large scrum, randomness is everywhere. While some aspects of randomness exist in the NFL Draft, wagering on the latest news you saw on Twitter before the sportsbooks have time to change their betting lines can be your best opportunity to win, Croucher said.

“This is the nature of the draft, these markets, they are pretty vulnerable, and you can beat them.”

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Local venue sees increase in events while recovering from pandemic

Local venue sees increase in events while recovering from pandemic

LINCOLN, Neb. (KOLN) – COVID-19 postponed and even cancelled weddings, baby showers, and graduation parties.

This kept people from gathering to celebrate, but this year is proving to be different as restrictions ease and case numbers decline here in Lincoln.

Event venues, like Urban Farmhouse Room, shut down in 2020 due to COVID-19. Now, they are hosting hundreds of events while rebounding from the effects of the pandemic.

On Saturday, Caron Stajduhar is celebrating her first grandchild at her daughter’s baby shower.

“We came from Georgia and there are several other people coming from far away,” Stajduhar said.

It is a busy time of the year for Urban Farmhouse Room.

“May is very busy for us, and so is April and June. We are gearing up for a very busy Spring season,” Corinna Moser, owner of Urban Farmhouse Room said.

As COVID-19 cases decline in Lincoln, Moser said people are booking more events, like baby showers.

This was not the case two years ago. The venue opened on March 1, 2020. A couple of weeks later, the pandemic shut them down.

“We were just kind of like in shock almost,” Moser said.

Moser said they had a lot of events booked that spring after they opened, including 25 graduation parties.

“We were finally doing this and then we got three events in two weeks and by about March 13, we had to shut down,” she said.

During 2020, they had almost 100 events despite the pandemic.

In 2021, they passed that number with 243 events.

Saturday’s baby shower is just one of many events lined up for their busy year.

“It’s just going to be great,” Stajduhar said. “It’s so fun to get together with people since we’ve been cooped up not able to do things like that.”

Moser said she was happy to get all the events rescheduled once the venue re-opened in June 2020. She said they are on track to have more events this year than last year.

Copyright 2022 KOLN. All rights reserved.

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Today, France Lifts COVID Passport Requirement for Access in Most Venues & Events – SchengenVisaInfo.com

Today, France Lifts COVID Passport Requirement for Access in Most Venues & Events - SchengenVisaInfo.com

Today, March 14, France has lifted the obligation to be vaccinated in order to access most venues and events in the country, upon an evaluation that the Coronavirus situation permits for such a step to be taken.

The move was announced ten days ago in a press release issued by the French government, which also revealed that the obligation to carry a mask in most places in France would also be lifted from March 14.

After a fifth wave of COVID-19 of unprecedented magnitude, the health situation has improved markedly for several weeks. In particular, the pressure weighing on hospitals due to the epidemic is greatly reduced, allowing the lifting of white plans and a gradual resumption of scheduled activities,” the government noted in its announcement.

The same points out that the relaxation of these measures is in line with the strategy of the government to keep effective only the necessary measures in order to contain the spread of COVID-19 and abolish those without any noticeable effect.

Thus, starting from today, March 14, places and events like restaurants, bars, nightclubs, cinemas, theatres, performance halls, stadiums, fairs and exhibitions, interregional transport, etc., can be accessed without proof of vaccination.

The move will, amongst others, enable professional tennis player Novak Djokovic to defend the Ronald Garros title at the French Open, which is set to be held from May 22 to June 5. Djokovic, who is unvaccinated, has previously shared his position to risk not participating in the tournament and remain unvaccinated, claiming it is a “price that I’m willing to pay”.

The requirement will, however, remain effective in places like hospitals, retirement homes, and establishments for the disabled in order to continue protecting the most vulnerable from the virus.

When we have emptied intensive care units, or at least (…) when there is no further cancellation of procedures and if no new variant is in circulation, then the utility of the vaccine pass will be debatable,” French Health Minister Olivier Véran had said at the beginning of the month regarding the removal of the health pass requirement for access in these places, in an interview for BFM TV.

The obligation to wear a mask, which has already been abolished for outdoor spaces since February 28, has also been lifted today. The obligation will remain effective only for public transport until further notice.

On March 3, SchengenVisaInfo.com also reported that the French authorities had expanded the green list of countries in order to permit more travellers to enter France restriction-free. The countries added to the list are Angola, Argentina, Bahamas, Bangladesh, Benin, Bolivia, Botswana, Canada, Comoros, Djibouti, Dominican Republic, El Salvador, Eswatini, India, Iraq, Jamaica, Kazakhstan, Kenya, Lesotho, Namibia, Oman, Pakistan, Paraguay, Peru, Philippines, Saint Kitts and Nevis, South Africa, Zambia, and Zimbabwe.

Travellers from the green list can enter France without being subject to any restrictions even if they have not been vaccinated against COVID-19.

>> France Invalidates Nearly 4 Million COVID Vaccination Certificates

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After two long years Delta special event venues flooded with enquiries

Delta businesses have been dealing with a flurry of interest since B.C. health officials dropped COVID restrictions last week on indoor gatherings such as weddings and special events.

“The phones are ringing off the hook with new event inquiries,” said Sue Carlile, general manager of Tsawwassen Springs, which features a ballroom, Pat Quinn’s Restaurant and an 18-hole golf course. “People are anxious to book their events that have been postponed for two years. Our spring and summer are already quite busy with events in the ballroom.”

Russell Pohl’s Mr. Mom’s World Catering oversees operations and bookings at East Delta Hall. The historic Ladner Trunk Road venue has been under repair since a water pipe break back in December resulted in some significant damage. It will be bustling when it re-opens.

“Once we get totally re-opened, which I would say would be mid-May, from that point on we around 85 percent booked,” said Pohl. “Our inbox has been inundated. I would say we’re already 10 to 15 percent booked for next year alone.”

Over the past 24 months, Pohl pivoted his business to create programs featuring his Ukrainian specialty foods. It’s become so popular that he plans on continuing the sales in some form even when the hall is buzzing with events again.

“We’re extremely blessed that we had the opportunity to be able to do that. Many caterers didn’t have that option,” continued Pohl. “This may seem really corny and all that kind of stuff, but we built a lot of projects. For instance, our (mobile) meal program, then we did more wholesale things. I think we’re going to keep the majority of those programs because we feel extremely blessed by the community that continued to support us.”

As full capacity events are being rapidly booked, the scramble is on to find more employees. It’s no easy task when many left the industry two years ago.

“Yes we anticipate the hiring process to be quite challenging with the labor shortage,” added Carlile. “We are presently training new culinary staff and will be hiring and training staff for our ballroom events.”

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No known threats targeting Super Bowl events in Los Angeles area this weekend, authorities say

No known threats targeting Super Bowl events in Los Angeles area this weekend, authorities say

LOS ANGELES (AP) — There are no known security threats to the Super Bowl, authorities said Tuesday as they outlined the coordinated law-enforcement effort to keep the game at SoFi Stadium and the Los Angeles region safe.

Fans attending the game can expect an enormous police presence at the stadium, which will have a tightly monitored security perimeter. Meanwhile patrol officers, tactical teams, K-9 units and paramedics will be been deployed across Los Angeles County in the run-up to the NFL championship game between the Los Angeles Rams and the Cincinnati Bengals.

U.S. Homeland Security Secretary Alejandro Mayorkas said at least 500 members of his department are devoted to safety for the big game, including agents focused on ferreting out cyberthreats and preventing human trafficking.

“We have no information of a specific, credible threat against the Super Bowl,” said Mayorkas. “What this is all about is planning and preparation to prevent any incident from occurring.”

Mayorkas’s department, however, warned that a truck convoy on the order of those clogging central Ottawa, Ontario, and disrupting U.S.-Canadian commerce at a bridge near Detroit could emerge and create problems near the Super Bowl site.

Don’t miss: Homeland Security Department voices concern about Super Bowl and State of the Union disruptions by Canada-style truck convoy

Air Force fighter jets will enforce a temporary flight-restricted zone on Sunday in collaboration with the Federal Aviation Administration, the FBI and other agencies. NORAD earlier in the week scheduled a defense exercise for the airspace over the Inglewood area.

The city police department in Inglewood, where the stadium is located, is the lead local law-enforcement effort. It will coordinate with the Los Angeles Police Department and the sheriff’s department. About 400 deputies were dedicated to the Super Bowl, including extra patrols for the county’s transit system, said Jack Ewell, chief of the sheriff’s Special Operations Division.

Inglewood Police Chief Mark Fronterotta said his officers will focus on preventing fights between fans, after a San Francisco 49ers fan suffered a brain injury during an altercation outside SoFi during the NFC championship game last month. “The parking lots will be extensively covered,” Fronterotta said.

Los Angeles Police Chief Michel Moore said there has been no disorderly behavior at pre–Super Bowl activities at the downtown L.A. Convention Center. The LAPD has canceled some scheduled time off to ensure the department has enough staff for all the week’s events, including a possible victory parade for the Rams, Moore said.

NFL Commissioner Roger Goodell addresses the media on Wednesday on the SoFi Stadium campus in Inglewood, Calif.


Rob Carr/Getty Images

Only small, clear bags will be allowed inside the stadium on game day, though fans are encouraged to bring as little as possible with them.

“If you want to breeze through security, less is more. The less you bring, the faster you go through security,” said Cathy Lanier, the NFL’s chief security officer.

Security measures extend to the skies, too. The North American Aerospace Defense Command, known as NORAD, planned a defense exercise on Tuesday for the airspace over greater Inglewood. On Sunday, U.S. Air Force fighter jets will enforce the temporary flight-restricted zone in collaboration with the Federal Aviation Administration, the FBI and other agencies.

The FAA warned that drone operators who fly unmanned aircraft into the restricted area could face large fines and potential criminal prosecution.

MarketWatch contributed.