Forecast

Subdued 2017 Business Travel Growth: GBT Forecast

TORONTO — After an uneven 2016 that saw only limited increases in overall pricing, the business travel outlook for next year looks to be similarly subdued, with flat to moderate rate increases expected globally across air, hotel and ground transportation, according to Global Business Travel Forecast 2017 by American Express Global Business Travel (GBT), it was announced last month. The … Read More about Subdued 2017 Business Travel Growth: GBT Forecast

AMEX Predicts Moderate Business Travel Increases

Air, hotel and ground transportation prices will increase moderately in 2016 as a result of a slowly improving global economy, lower gas prices and stronger demand, according to the just-released American Express Global Business Travel Forecast. "While we expect modest increases in global travel prices heading into 2016, travel managers are operating in an era of new challenges and evolving … Read More about AMEX Predicts Moderate Business Travel Increases

AMEX Forecasts Strong Growth for Meetings

2016 is going to be a good year for the meetings industry, according to the American Express Meetings & Events 2016 Global Meetings Forecast. "The resurgence of meetings and events over the past few years has allowed meetings professionals to demonstrate the strong value that face-to-face meetings continue to offer globally," said Issa Jouaneh, senior vice-president and general manager, … Read More about AMEX Forecasts Strong Growth for Meetings

MPI Releases New Meetings Outlook Report

The Summer 2015 edition of Meeting Professionals International's (MPI) Meetings Outlook report shows a renewed planner focus on attendee engagement and putting sizzle into events but little growth in budgets vis-à-vis increasing costs. Key findings in the report, which is released quarterly, are: 36% of respondents are upping attendee engagement by participating in community volunteerism at … Read More about MPI Releases New Meetings Outlook Report

German Convention Bureau Reveals Predictions for Meetings Industry

The German Convention Bureau (GCB) has issued its predictions for the meetings industry in 2015. They are: 1. Value is Viceroy. Planners and organizers will not only look to negotiate savings, particularly in food and beverage, but will also want to create even more ROI while doing so. 2. The Incredible, Disappearing Lead Time. Carlson Wagonlit (CWT) thinks lead times can get shorter. According … Read More about German Convention Bureau Reveals Predictions for Meetings Industry

AMEX Releases Global 2015 Business Travel Predictions

The American Express Global Business Travel Forecast 2015 predicts that Canada will benefit from an improving US economy but that air and hotel prices will increase as more power is put into supplier hands. "Canada's economy is expected to remain stable or grow in 2015, increasing business travel across the country and abroad. The reality of supply and demand along with a focus on yield … Read More about AMEX Releases Global 2015 Business Travel Predictions

SITE Sees Bright Outlook for Incentive Travel

The latest research from the Society for Incentive Travel Excellence (SITE) Foundation shows continued optimism about the incentive travel market's future thanks largely to an ever-improving economy and an upswing in the use of motivational travel experiences. The SITE Index Annual Analysis and Forecast for the Motivational Events Industry was released last week by the SITE Foundation during the … Read More about SITE Sees Bright Outlook for Incentive Travel

MPI Launches New Quarterly

Meeting Professionals International (MPI) has released the first edition of  Meetings Outlook™, a quarterly report covering trends and innovations in the meeting and event industry. It replaces the bi-monthly Business Barometer previously published by MPI. “MPI spent months conducting research, analyzing the results and designing the Meetings Outlook,” explains Christian Savelli, senior … Read More about MPI Launches New Quarterly

Carlson Wagonlit Travel Releases 2014 Meetings and Events Price Forecast

Planners should expect meetings and events (M&E) providers around the world to increase prices in 2014, bumping up per attendee costs, according to Carlson Wagonlit Travel's (CWT) just-released 2014 Travel Price Forecast. CWT's key M&E findings include: Latin America will see the highest (four to seven per cent) price increases for daily attendees. As a result, group size in the region … Read More about Carlson Wagonlit Travel Releases 2014 Meetings and Events Price Forecast

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