Meeting Professionals International has published the 2018 spring edition of Meetings Outlook. According to the report, a healthy, stable business landscape sees industry professionals focusing on cultivating the entire meeting experience, with an emphasis on enhancing interaction and immersion. Key findings include the following: 46.2 per cent of respondents expect their business to be affected by the recent cuts to third-party planner commissions by several hotel companies, suggesting concern from numerous parts of the industry, not just third-party planners. 75…
Meeting Facts & Stats
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MPI’s Spring 2017 Meetings Outlook Report now available
Meeting Professionals International (MPI) has published its Meetings Outlook, 2017 Spring Edition. The latest installment of the quarterly report shows the forecast for business conditions and budgets continues to improve at a healthy rate. It also reveals how audiovisual partners have an increasingly powerful role in the outcome of successful events, while planners are driven to focus more on myriad aspects of contingency planning. Key findings include the following: 69 per cent of respondents predict favorable business conditions—up 11 per…
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MPI Fall 2016 edition of Meetings Outlook report now available
Meeting Professionals International (MPI) has published its Meetings Outlook, 2016 Fall Edition. The latest installment of the quarterly report projects moderate growth in overall business conditions for the foreseeable future. This finding has been consistently positive in prior editions of the report as published throughout 2016. Key findings include the following: Moderate growth in overall meeting/event business is predicted with 67 per cent of respondents citing favorable business conditions for the year ahead—up 4 per cent over last quarter. 15…
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MPI summer 2016 edition of Meetings Outlook Report now available
Meeting Professionals International (MPI) has published its Meetings Outlook, 2016 Summer Edition. The latest installment of the quarterly special report indicates meeting and event industry projections remain solidly positive as planners and suppliers adapt and learn to thrive in the evolving seller’s market landscape. Key findings include the following: The past year has seen a 12 per cent drop in respondents that project positive growth for upcoming live event attendance (down from 62 per cent); yet, live and virtual attendance…
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Montréal a choice destination for international tourists
According to data compiled by Tourisme Montréal, the city’s tourism industry has been performing very well since the beginning of the year. Statistics confirm high volumes of tourists from overseas and an increase in visitors from the United States, as well as a trend among Canadians to travel within the country. Business travel has also been a key contributor to this success. Here’s a detailed look at the main indicators. Busy business market The business travel sector has also been very…
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Hotel consolidation: What meeting planners need to know
By Milton Rivera Hotel consolidation has been front-page news for several months now and meeting planners may be wondering how this consolidation will impact their upcoming negotiations and events. The way that planners engage and plan their meetings and events with hotels will inevitably be transformed, creating both opportunities and challenges. Here are four things planners need to consider: Changing financial/commission models Consolidation could lead to a change in financial models and produce tougher negotiation situations. Therefore, planners must be…
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ICCA captures record number of international association meetings taking place in 2015
Rankings released: Canada now in top 10 country ranking ICCA captured a record number of 12,076 rotating international association meetings taking place in 2015, the largest number of association meetings collected in the year after the meetings took place ever, and 571 additional meetings compared to 2014. These numbers reconfirm the consistent growth pattern in the association meetings market as identified in ICCA’s 50-year report. The ICCA Association Database now includes 20,000 regularly occurring meeting series, 220,000 meeting editions and…
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Meetings Mean Business launches business leader video series
Business leaders share how meetings build trust, foster engagement and generate new business The Meetings Mean Business Coalition® (MMBC) has launched a new business leader video series to showcase authentic stories of how and why meetings matter across all professions. The inaugural three video vignettes reflect the widespread reach of meeting face-to-face, profiling a trade association, a not-for-profit, and a corporation. MMBC will continue to debut new videos throughout the year to highlight how meetings build trust, foster engagement and…
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PCMA releases 25th Annual Meetings Market Survey results
An optimistic Meetings Market Survey is joined by the all-new Convene podcast PCMA has had a busy month — releasing its 25th annual Meetings Market Survey and debuting a new podcast. The 2016 Meetings Market Survey — based on a comprehensive survey of nearly 450 meeting professionals about event size, budgets, and much more — offers solidly positive results from events conducted in 2015 and an optimistic outlook for meetings and conventions in the coming year. Key findings include a…
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2015 Q3 exhibition industry performance remains strong
Exhibition industry continues growth pattern The Center for Exhibition Industry Research (CEIR) recently reported that after a sharp increase in both the first and second quarters, the performance of the business-to-business exhibition industry, as measured by the CEIR Total Index, remained relatively strong during the third quarter of 2015, posting a year-on-year gain of 3.1 per cent (see Figure 1). This growth is the third highest rate since the second quarter of 2012. It also marked the 21st consecutive quarter…
