Corporate activity on increase, according to MPI Business Barometer

Domestic corporate activity has seen the largest improvement for 46% of respondents in the latest Meeting Professionals International (MPI) Business Barometer.

MPI Business Barometer for February 2011 reports increase in corporate activity
MPI Business Barometer for February 2011 reports increase in corporate activity

MPI surveyed 1,000 events professionals from across Europe and the US – 57% planners and 43% suppliers - as part of its bi-monthly study of the industry in February.

A total of 12% of respondents reported shorter lead times continued to be a trend, down from 16% in the last MPI Business Barometer in December 2010.

However, overall, events professionals were optimistic about a recovery in 2011, with 80% of European respondents and 84% of their US peers predicting better business conditions in the coming months than in 2010.

Meanwhile, an interest in sustainability is increasing, according to the report, while demand for virtual elements to events is on the rise.

This demand for hybrid or virtual events is attributed to increases in travel, food and beverage costs, social and political instability, and extreme weather conditions.

In January, MPI's Futurewatch 2011 study - which surveyed 450 events professionals from 20 countries - forecast an 8% increase in the number of meetings to be held this year, and a 5% increase in the average meetings and events spend.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
Our view: Flexible working is key to retaining the best talent

Our view: Flexible working is key to retaining the best talent

C&IT's associate editor Andy McCorkell explains why supporting working parents is so important for a successful business.

In pictures: New events venue opens in Herefordshire

In pictures: New events venue opens in Herefordshire

Crumplebury has onsite accommodation, flexible event spaces, a farm-to-table restaurant and views of the countryside.

6 ways tech can make events more sustainable

6 ways tech can make events more sustainable

Planners can challenge the more wasteful elements of events, says CEO of events management company Eventopedia.

Double sunrise: Would you book a 19-hour flight?

Double sunrise: Would you book a 19-hour flight?

After Qantas trial flight from London to Sydney lands, we ask event planners what they think.

Science Museum unveils new event space within medical exhibit

Science Museum unveils new event space within medical exhibit

Exhibition opens for drinks receptions and events amid one of the world's largest medical galleries as part of £24m refurb.

Venue of the Week: Adare Manor

C&IT's 2019 A-Listers were treated to a stay at the luxury Irish getaway on an 842 acre estate in County Limerick.

7 lessons for event planners from... the John Lewis Christmas ad

7 lessons for event planners from... the John Lewis Christmas ad

Everyone's nightmare is a fire-breathing dragon near a highly flammable Christmas tree, isn't it?

Biggest food and drink trends of 2020 revealed by hotel group

Biggest food and drink trends of 2020 revealed by hotel group

Black pepper ice cream, fermented foods and Levantine cuisine are among the culinary treats predicted to be popular.

What are Generation Z's top travel destinations?

What are Generation Z's top travel destinations?

In-depth analysis unearths the future of travel in a global survey of 10,000 young people in the US, UK, Europe and China.

Case study: Nickelodeon Kids' Choice Awards

Case study: Nickelodeon Kids' Choice Awards

Pop star Jason Derulo hosted the televised award ceremony at Abu Dhabi National Exhibition Centre.

LATEST JOBS