Fred Hageman and Gary Stansberry of Hageman, Stansberry & Associates (HS&A) launched a new blog specific to the rental industry.
The Haitian government will soon receive numerous large tents formerly used by Cirque du Soleil.
Two weeks after the devastating earthquake in Haiti, Haitian President Rene Preval has made an urgent appeal for additional tents to help house those left homeless.
The American Rental Association (ARA) recognizes individuals for outstanding service to the Association and the industry each year.
Meeting Professionals International (MPI) is accepting nominations for the Recognizing Industry Success and Excellence (RISE) Awards program.
Chase, the U.S. consumer and commercial banking business of JPMorgan Chase & Co., announced plans to increase its lending to small businesses by up to $4 billion in 2010.
Geodesic projection cupola extends the possibilities of 360° screenings.
While their travels were different, both participants in the latest international rental exchanges had similar revelations.
The National Council of Textile Organizations (NCTO) is urging Congress to expand its export financing assistance to include both small and medium-sized manufacturers.
Photovoltaic fabrics are on the frontier of technologies that will revolutionize the tent rental industry.
The Indian Air Force (IAF) has acquired tent-based medical facilities that can be airlifted to establish a 25-bed hospital at any disaster site within 24 hours.
The Dell Childrens Medical Center, Austin, Texas, set up two large canvas tents in which patients with flu-like symptoms can be treated.
Thin film photovoltaic (PV) modules would be used for more mainstream commercial and residential solar energy applications if they were waterproof (moisture degrades PV module performance.)
President Obama may have to focus on other critical national issues before China trade comes up in his priority list.
Architen Landrell in Chepstow, Monmouthshire, U.K., provided the tensioned fabric cladding system for the U2 360° World Tour stage.
There is likely to be a reduction in the number of events throughout the first half of 2009. People will still want to hold events, but they will try to save costs wherever they can and avoid extravagant expenditures. Party events held steady in 2008 but may slow slightly in 2009, while corporate events (especially trade shows) are down.
According to the American Rental Association’s “State of the Equipment Rental Industry Report,” tent rentals remain a leading revenue generator for event professionals. One nationally operated U.S. tent rental company reports that it is doing fairly well, and feels that the party and event rental industry is not that much affected by the economy. Their market niche includes many events that are grand openings or annual events-from golf tournaments to graduations-and many life events like weddings. The company doesn’t do a lot of corporate events and trade shows.
Some established event rental firms that serve the corporate market report that they are not really feeling a credit crunch, but they do see its impact affecting them for the first half of 2009. This is a very fragmented, competitive market, with thousands of companies trying to serve the event market with rental tents and tent-related equipment. The companies that have been and still are struggling will have a difficult time in terms of sales and profitability in 2009. Being flexible in serving different markets and different kinds of events will be key for growth and profitability in 2009 and beyond.
From the 2009 State of the Industry Report. Purchase a complete report at the IFAI Bookstore.

