Motivaction halts expansion plans

Motivaction has moved back to its former premises after 12 months to cut costs after the agency's expansion plans failed.

Motivaction halts expansion plans
Motivaction halts expansion plans

Events agency Motivaction has returned to its former offices in Ardeley, Stevenage after moving to new premises in Hertfordshire in June 2013.

Motivaction's relocation last year followed difficult trading conditions that led to a decline in profits in 2012.

The agency's return to Stevenage will help it to save on high office rental costs after the "business did not expand as hoped".

A spokesperson from Motivaction told C&IT: "The company signed up for a new office based upon an expansion plan in 2011. The business did not expand as hoped and the overhead of the premises became far too expensive for the size of the company.

"In June we had substantial offers to hand over the lease to another party, enabling the company to substantially reduce ongoing costs.

"The future strategy remains the same, to deliver great events as we have always done, for clients old and new."

More: C&IT A List 2014: Nikki Donohoe, MotivAction Group

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
Brisbane lands Flight Centre's Global Gathering

Brisbane lands Flight Centre's Global Gathering

Brisbane has been selected to host one of the world's largest travel industry conferences, bringing a (AUD) $7 million economic boost.

Expert reveals UK's top 7 steam railway journeys

Expert reveals UK's top 7 steam railway journeys

Vintage trains in Scotland, England and Wales all make the list, offering groups a quirky and luxurious way to travel.

10 destinations to reach without flying

10 destinations to reach without flying

A list of places that can be reached using greener alternatives to air travel.

Business traveller habits revealed in new research

Business traveller habits revealed in new research

Smartphones are having a significant impact on business travel, according to a CWT poll.

The rise of the 'super incentive'

The rise of the 'super incentive'

In a crowded market, a new level of incentive trip can make you stand out from the crowd, says TAG's Sam Robson.

'Stress and burnout' are challenges we need to tackle

'Stress and burnout' are challenges we need to tackle

Event Concept's Jo Higgs explains why looking after your people is so important and how training mental health first-aiders could help.

Case study: Leon Winter Award Celebration

Case study: Leon Winter Award Celebration

The event at Hawker House in London tied in perfectly with the fast-food chain's innovative approach.

Events budgets rose in second-quarter, says Bellwether Report

Events budgets rose in second-quarter, says Bellwether Report

While wider marketing budgets flatlined in the second quarter of 2019, events bucked the trend.

Seven Events welcomes two new faces

Seven Events welcomes two new faces

Agency brings in client development manager and event executive to London and Birmingham offices.

How sustainable do UK delegates want to be?

How sustainable do UK delegates want to be?

Survey reveals how concerned Brits really are about their environmental impact when travelling overseas.

LATEST JOBS