|November 26, 2001|
O&Y/SMG Canada To Continue To Manage Toronto's National Trade Centre
|The Board of Governors of Exhibition Place, Toronto, at its recent meeting, approved the extension of O&Y/SMG Canada's management agreement of The National Trade Centre for a three year term commencing on January 1, 2002 and extending to December 31, 2004. Since its opening in April of 1997 and under the management of O&Y/SMG Canada, The National Trade Centre has annually generated more than $1 million in new rental business each year resulting in a substantial growth in rental revenue and a booking growth of trade shows, consumer shows and events of over 240%. O&Y/SMG Canada's most recent sales achievements include the signing of an agreement with Messe Frankfurt to hold the inaugural ISH North American in 2002, a new international super show consolidating the heating, plumbing, sanitation and air conditioning industries. The event is expected to draw over 20,000 domestic and international attendees.|
"As the recently appointed Chair of The Board of Governors, I am very pleased that our relationship with O&Y/SMG Canada will continue into the future" said City of Toronto Councillor Mario Silva. "Toronto is firmly placing itself as a major centre of importance for trade and consumer shows and international festivals. Next year I am proud to be Chair of the Board at a time when the Pope will visit our grounds on the occasion of World Youth Days. I am also encouraged that in 2002 more than 5 million visitors are likely to attend our grounds bringing substantial new spending to our City."
Under the professional management of O&Y/SMG Canada, The National Trade Centre has been honoured with a number of prestigious awards including: the EDDI award presented by the Exhibit and Display Association of Canada (EDAC) in 1998, a 1999 Prime Site Award presented by the U.S. magazine, Facilities & Destinations, 2 Prima Awards presented by the American Society of Association Executives (ASAE) in 1999 in the website design and newsletter categories, the 1999 Annual Business Appreciation Award presented by the City of Toronto's Economic Development & Parks Committee. With the recent acceptance into membership with the world renowned organization, Union des Foires Internationale, The NTC was recognized as the first North American tradeshow facility to be accepted into membership.
"It has been a pleasure working with the Board of Governors of Exhibition Place and helping them to realise their vision for these grounds." stated Ron Taylor, Managing Director of O&Y/SMG Canada. "The extension of this management agreement signifies the success of the management efforts demonstrated by the O&Y/SMG Canada management team, during the course of the last 4 years. We look forward to our on-going successful partnership."