India's Pioneer Media on TradeFairs

Pacific World, One of The World’s Oldest and Largest MICE Company Ceases Operations Due to COVID 19

Having delivered over 40,000 event experiences in the past 10 years in over 100 destinations in more than 20 countries around the world, Pacific World, one of the world’s largest MICE company has announced to cease its operations from 14th November 2020.

Pacific World is one of the oldest DMC’s in the world to cease operations in the meetings and events industry due to the effects of the COVID-19 pandemic.

TUI pulls plug on pacific world

A 40-year old destination, conference and events management company, and part of TUI group, had earlier announced closure of its Hong Kong operations from 14 September.

However, sadly, its global operations of MICE sector in 26 countries is closing down from November.

Founded in 1980 in Hong Kong by Jacques Arnoux and Bob Guy, Pacific World is one of three brands that are part of the TUI Group under its Destination Experiences Division: Intercruises, Pacific World and Musement.

“The Coronavirus is continuing to cause unprecedented disruptions in the travel and tourism industry. As a result, TUI Destination Experiences, parent division of Pacific World is moving to a digitalisation strategy and decided to stop participating in the Meetings and Events market”, Pacific World said in an statement issued on 2nd September.

“TUI Destination Experiences will stop operating the meetings, incentives, conferences and events (MICE) business under the Pacific World brand in November 2020. This change impacts Pacific World globally.” said a statement released by TUI.

Jacques Arnoux, concluded on a positive note saying: “We believe the industry will recover in the future, and our passion and legacy of innovation will create future solutions for our customers”

 

 

By Abul Fazal Syed
Associate Editor