Outdoor Industry Compass
May 12
Minneapolis
Emerald Holding, the owner of Outdoor Retailer, is set to be acquired by Apollo Global Management in a deal valued at approximately $1.5 billion. This acquisition comes just months before Outdoor Retailer's pivotal relaunch in Minneapolis in August 2026, which aims to reinvent the trade show with new concepts.
Outdoor Industry Compass
May 12
Minneapolis
Emerald Holding, the owner of Outdoor Retailer, is set to be acquired by Apollo Global Management in a transaction valuing the company at approximately $1.5 billion. This acquisition comes just months before Outdoor Retailer's planned relaunch in Minneapolis in August 2026, a pivotal moment for the trade show. The deal aims to combine Emerald with Questex to create a major North American B2B events and media platform.
Minnesota Tourism Reports $24.7 Billion Economic Impact, New Ulm Sees Hotel Boost
The Journal
May 8
Minneapolis
Minnesota's tourism industry generated a $24.7 billion economic impact, with New Ulm reporting $19.1 million in visitor spending over the last 12 months, including $7.2 million in hotel stays. Local events and construction projects are contributing to a strong lodging business in the region.
Minneapolis Faces Financial Crisis with Declining Property Values, Mayor Addresses Budget
GovDelivery
May 8
Minneapolis
Minneapolis is experiencing a financial crisis with declining property tax revenue, franchise fees, and license and permit fees, prompting Mayor Frey to address difficult budget choices for 2027. This economic downturn, marked by a $9 million drop in property tax revenue, could impact various city services and downtown vibrancy.
Meet Minneapolis
May 7
Minneapolis
Meet Minneapolis recognized the Minnesota School Boards Association (MSBA) with the Excellence in Meetings, Events & Conventions Award for its over 30-year commitment to hosting its Annual Leadership Conference at the Minneapolis Convention Center. This award highlights MSBA's positive and lasting impact on the city's tourism and hospitality economy.