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Magazines Archives - 2008 July
Restaurant show unfazed by economic
slowdown in the US
Story 4 - NRA Show
Overview
Not even a recession in the US could turn away
more than 71,000 visitors from the National Restaurant Association’s
annual Restaurant, Hotel-Motel Show, held from 17-20 May 2008 at the
McCormick Place in Chicago. RETAIL ASIA’s Jennee Grace U Rubrico joined
the throng and got a first glimpse of new products and future trends.
NOT even the slump in the US economy could stop the National Restaurant
Association (NRA) from staging a soldout trade show this year, the third
time in a row that it has been fully taken up.

At the annual NRA’s Restaurant, Hotel-Motel
Show, the 621,000sqf exhibit space was fully booked, with more than 2,200
exhibitors showcasing their products and services to 71,500 industry
professionals from 115 countries.
In an interview with RETAIL ASIA, NRA senior vice-president for convention
Mary Pat Heftman said that the most recent instalment of the the show
exceeded expectations. “It’s been outstanding. We had a sold-out show
that’s bigger than it’s been in the past decades. We’ve had international
guests
from over 100 countries,” she said.
She noted that trade visitors flocked to the NRA show because of its value
proposition. “What
makes it unique is that it’s about the future — we talk about trends and
they get a first glimpse of [newly launched] products,” she elaborated.
Heftman admitted that the slowdown in the US economy stemming from the
mortgage sub-prime
crisis might have weighed on the show, but added that it was felt more in
terms of the number of people being sent to the expo rather than on the
companies’ support for the event.
“It’s not that the companies didn’t come, but that they might have sent
fewer people. It’s understandable that folks’ budget for travel tightened
a little bit,” she said, “... but the commitment is
there.
“Trade shows are the only venue for buyers and suppliers to get together
... nothing takes away the value of face-to-face contact and to try to
really reach out to partners to find solutions.”
Dr Dewitt Ashby, director for trade shows at the US National Association
of State Departments of Agriculture, noted that group contingents have not
been affected by the economic slow-down. He said: “We’re about the same
size as last year’s. Maybe it will be more of a factor next year, but not
this year.”
The NASDA-sponsored American Food Fair pavilion’s exhibitors showcased all
aspects of national and regional cuisines and speciality foods. The show
attracted many international visitors, of
whom 181 were from China. NASDA, Dr Ashby said, facilitated the Chinese
group’s visa processing. “We also have visitors from Australia, Hong Kong,
Indonesia, Japan, Malaysia, New Zealand, Pakistan, the Philippines,
Singapore, South Korea, Taiwan and Vietnam.
“The total number of registrants seem similar to last year’s,” he added.
These trade visitors, Dr Ashby said, were either importers or “people from
the market who have a lot of potential buying power”.
Among the states that showcased their goods under the NASDA banner were
Michigan, Illinois, New York and Minnesota, which Dr Ashby said are “very
strong” exporters to Asia (see related story, US firms keen on Asia).
To read the full article, get a copy of
Retail Asia's July 2008 issue. To subscribe, please download the
subscription form from
http://www.retailasiaonline.com/files/RA-SubscriptionForm-Nor.pdf
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