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Hyve Sees Full Revenue Recovery as Demand for In-Person Events Returns

Hyve Sees Full Revenue Recovery as Demand for In-Person Events Returns

By Jaime Llinares Taboada

Hyve Group PLC said Monday that its third-quarter revenue for fiscal year 2022 demonstrated a full recovery on a pro forma basis, reflecting strong customer demand for in-person events.

The U.K. events company said that it ran all nine scheduled events in the quarter ending June 30, with the exception of three in Ukraine.

In addition, Hyve reported contracted revenue of 122.3 million pounds ($150.1 million) for the full year ending Sept. 30.

“The trends we saw emerge post-pandemic continue to hold true–in particular, our customers continue to spend more with us than before, demonstrating the huge value which in-person events offer and proving that our strategy of focusing on only market-leading events is paying off,” Chief Executive Mark Shashoua said.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

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No known threats targeting Super Bowl events in Los Angeles area this weekend, authorities say

No known threats targeting Super Bowl events in Los Angeles area this weekend, authorities say

LOS ANGELES (AP) — There are no known security threats to the Super Bowl, authorities said Tuesday as they outlined the coordinated law-enforcement effort to keep the game at SoFi Stadium and the Los Angeles region safe.

Fans attending the game can expect an enormous police presence at the stadium, which will have a tightly monitored security perimeter. Meanwhile patrol officers, tactical teams, K-9 units and paramedics will be been deployed across Los Angeles County in the run-up to the NFL championship game between the Los Angeles Rams and the Cincinnati Bengals.

U.S. Homeland Security Secretary Alejandro Mayorkas said at least 500 members of his department are devoted to safety for the big game, including agents focused on ferreting out cyberthreats and preventing human trafficking.

“We have no information of a specific, credible threat against the Super Bowl,” said Mayorkas. “What this is all about is planning and preparation to prevent any incident from occurring.”

Mayorkas’s department, however, warned that a truck convoy on the order of those clogging central Ottawa, Ontario, and disrupting U.S.-Canadian commerce at a bridge near Detroit could emerge and create problems near the Super Bowl site.

Don’t miss: Homeland Security Department voices concern about Super Bowl and State of the Union disruptions by Canada-style truck convoy

Air Force fighter jets will enforce a temporary flight-restricted zone on Sunday in collaboration with the Federal Aviation Administration, the FBI and other agencies. NORAD earlier in the week scheduled a defense exercise for the airspace over the Inglewood area.

The city police department in Inglewood, where the stadium is located, is the lead local law-enforcement effort. It will coordinate with the Los Angeles Police Department and the sheriff’s department. About 400 deputies were dedicated to the Super Bowl, including extra patrols for the county’s transit system, said Jack Ewell, chief of the sheriff’s Special Operations Division.

Inglewood Police Chief Mark Fronterotta said his officers will focus on preventing fights between fans, after a San Francisco 49ers fan suffered a brain injury during an altercation outside SoFi during the NFC championship game last month. “The parking lots will be extensively covered,” Fronterotta said.

Los Angeles Police Chief Michel Moore said there has been no disorderly behavior at pre–Super Bowl activities at the downtown L.A. Convention Center. The LAPD has canceled some scheduled time off to ensure the department has enough staff for all the week’s events, including a possible victory parade for the Rams, Moore said.

NFL Commissioner Roger Goodell addresses the media on Wednesday on the SoFi Stadium campus in Inglewood, Calif.


Rob Carr/Getty Images

Only small, clear bags will be allowed inside the stadium on game day, though fans are encouraged to bring as little as possible with them.

“If you want to breeze through security, less is more. The less you bring, the faster you go through security,” said Cathy Lanier, the NFL’s chief security officer.

Security measures extend to the skies, too. The North American Aerospace Defense Command, known as NORAD, planned a defense exercise on Tuesday for the airspace over greater Inglewood. On Sunday, U.S. Air Force fighter jets will enforce the temporary flight-restricted zone in collaboration with the Federal Aviation Administration, the FBI and other agencies.

The FAA warned that drone operators who fly unmanned aircraft into the restricted area could face large fines and potential criminal prosecution.

MarketWatch contributed.