- Recent report notes that the U.S. conferences, concert and event market is on a trajectory of remarkable growth
- A driving force behind the rapid growth is an increasing demand for unique, immersive experiences
- Lavish Entertainment is building a reputation for producing high-quality, professional events that offer memorable experiences
With a recent analyst report projecting significant growth in the U.S. conferences, concert and event market, Golden Triangle Ventures (OTC: GTVH) and its entertainment division, Lavish Entertainment, are strengthening their strategic position in the space at an ideal time.
“The United States conferences, concert and event market is on a trajectory of remarkable growth, projected to reach an impressive $660.07 billion by the year 2030,” reported the latest ResearchandMarkets.com report for the industry (https://cnw.fm/wLX9o). The space reportedly reached $339.86 billion in 2022 and is forecast to see a CAGR of 8.65% from 2022 to 2030.
“This sector is currently witnessing a revolutionary phase, with unprecedented developments and transformative changes,” the report continued. “Events have become powerful platforms that bring people together for various purposes, including corporate development, entertainment, celebration, and community engagement. From conferences and business seminars to fundraisers, music performances, sports events, festivals, trade exhibitions, and product launches, a wide array of events are immensely popular across the nation. . . .
“The conference, concert and event sector in the United States is vibrant and diverse, comprising a multitude of activities catering to diverse interests and demographics,” the report stated. “Beyond just entertainment, this industry plays a crucial role in fostering economic development, generating wealth and creating employment opportunities.”
ResearchandMarkets.com noted that a significant driving force behind the space’s rapid growth is an increasing demand for unique and immersive experiences. Event organizers continuously strive to innovate and exceed boundaries to provide fascinating interactions for attendees. “From interactive exhibitions and immersive marketing activations to live performances and gourmet experiences, events are designed to amaze and engage people in extraordinary ways. As the thirst for exceptional experiences grows, the events market in the United States is set to flourish in the coming years.”
Exceptional events are exactly what Lavish Entertainment is dedicated to providing. A wholly owned subsidiary of Golden Triangle Ventures, Lavish Entertainment is currently headquartered in Las Vegas and is committed to producing high-quality, professional events that provide immersive, memorable experiences (https://cnw.fm/EJWX3). In addition to becoming nationally recognized in concert production, the company is currently developing a flagship entertainment complex called Destino Ranch, an outdoor music and festival venue, immersive art installation, tourist attraction, and destination center — all in one location.
Golden Triangle Ventures is a multifaceted consulting company that operates as a parent business pursuing ventures in the health, entertainment and technology sectors, as well as in other areas that provide synergistic value to these three core divisions. The company aims to purchase, acquire and/or joint venture with established entities within these areas of business. The goods and services represented are driven by innovators who have passion and commitment in these marketplaces. The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. The three points of the Golden Triangle exclusively represent the three sectors the company aims to do business in.
For more information, visit the company’s website at www.GoldenTriangleInc.com.
NOTE TO INVESTORS: The latest news and updates relating to GTVH are available in the company’s newsroom at https://cnw.fm/GTVH
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