industry research

Business Conditions and Budgets Improving at Healthy Rate: MPI Meetings Outlook

The 2017 spring edition of Meetings Outlook, Meeting Professional International's quarterly report on the meetings industry, shows that planners are bullish on the market. Sixty-nine percent of respondents predict favourable business conditions (up 11 percent since the last quarter) and 52 percent expect upticks in budget/spend over the next year. Other key findings include: 48 percent of … Read More about Business Conditions and Budgets Improving at Healthy Rate: MPI Meetings Outlook

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

Moderate Meetings Growth Forecasted: MPI

DALLAS — The latest installment of Meeting Professionals International’s Meetings Outlook projects moderate growth in overall business conditions for the foreseeable future, it was announced Nov. 1. This finding has been consistently positive in prior editions of the report as published throughout 2016. According to the fall edition of Meetings Outlook, 67 per cent of respondents cite favorable … Read More about Moderate Meetings Growth Forecasted: MPI

Incentive Travel Industry Holding Strong

CHICAGO — The 2017 SITE Index, released mid-October by the Society for Incentive Travel Excellence (SITE) Foundation, reveals that the incentive travel industry is doing well, despite world events. The SITE Index highlights the fluid world of incentive travel affected by factors such as the world economy, the potential for terrorist actions, and the political climate. Other factors such as … Read More about Incentive Travel Industry Holding Strong

M+IT EXCLUSIVE! 2016 Meetings Market Report: Sponsorships

by Don Douloff

Sponsorships are becoming an increasingly tricky beast. At the very time when associations, for example, are more cash-strapped than ever and more reliant on sponsorships, the very companies they approach, or want to approach, for sponsorships are, in turn, watching their bottom lines and are therefore more selective about how they spend their dollars. Against that backdrop, we asked a panel of … Read More about M+IT EXCLUSIVE! 2016 Meetings Market Report: Sponsorships

Conference Venues Performing Well: IACC Report

CHICAGO — Conference venues are doing good business, according to the 2016 edition of an IACC report, Trends in the Conference Venue Industry, released in late September. “The industry growth theme of the last four years continues. This comprehensive trends report, the only one that focuses on small meetings-focused venues industry-wide, indicates that IACC members have improved revenue, … Read More about Conference Venues Performing Well: IACC Report

ILEA, VisitScotland Release Event Summit Report

CHICAGO — The International Live Events Association (ILEA) along with VisitScotland Business Events has launched ‘Event Horizons,’ a report highlighting the findings of the recent ILEA Global Event Summit 2016 that hosted in Scotland, it was announced this month. The ‘purple paper’ outlines the key elements of the summit, which took place in April 2016, bringing together leaders from the … Read More about ILEA, VisitScotland Release Event Summit Report

Canadian Businesses Value Face-to-Face: Study

TORONTO — Canadian travellers believe business travel is important for company financial performance and are satisfied with their overall business travel experiences, according to the GBTA Global Business Traveller Sentiment Index, in partnership with American Express, it was announced Aug. 9. The research, which includes a survey of 420 Canadian business travellers, examines satisfaction with, … Read More about Canadian Businesses Value Face-to-Face: Study

Industry Projections Remain Solid: MPI Report

DALLAS — Meeting and event industry projections remain solidly positive as planners and suppliers adapt and learn to thrive in the evolving seller’s market landscape, according to the latest installment of Meeting Professionals International (MPI) quarterly Meetings Outlook special report, it was announced Aug. 1. Key findings include the following: The past year has seen a 12 per cent drop … Read More about Industry Projections Remain Solid: MPI Report

Non-cash Incentive Rewards Rule in U.K.: Survey

WASHINGTON, D.C. — A new survey of companies in the United Kingdom reveals that a majority offers non-cash rewards and recognition to employees (81 per cent), salespeople (72 per cent), distributors/channel partners (57 per cent), and customers (63 cent). The online study, jointly sponsored by the Incentive Research Foundation (IRF) and the Intellective Group, examined the rewards & … Read More about Non-cash Incentive Rewards Rule in U.K.: Survey

Korea Top 2 in Global Meetings Ranking

TORONTO — Korea has been ranked the world’s number two destination for global congresses hosted in 2015, according to the latest International Meetings Statistics Report, released mid-July by the Union of International Associations (UIA). The findings show Korea achieving second place behind the U.S. with 891 meetings, a 40 per cent increase over the previous year. This also places it first in … Read More about Korea Top 2 in Global Meetings Ranking

New Survey Reveals Physicians’ Meetings Insights

NEW YORK — When it comes to physicians' perspective on meeting and event preferences and common practices, content is king and the most popular meeting types are speaker dinners and symposia, according to the results of a global survey released by American Express Meetings & Events, it was announced June 13. Doctor's Orders: The Physician's Perspective on Meetings and Events surveyed 505 … Read More about New Survey Reveals Physicians’ Meetings Insights

Porter Ranked Most Reputable Canadian Airline

TORONTO — Porter Airlines is ranked the most reputable airline in Canada and the second most reputable company, according to new research from Reputation Institute, it was announced June 15. Reputation Institute released the 2016 Canada RepTrak 50, a study of the most highly regarded companies in Canada, including both international and homegrown organizations. Six Canadian companies … Read More about Porter Ranked Most Reputable Canadian Airline

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