
The International Special Events Society (ISES) survey, which was released today (19 May), also revealed that 52% of respondents forecast that growth will exceed 25%, with 18% predicting that it will exceed 50%.
Although 57% of respondents expect direct client spend on events to increase in 2014/15, 36% expect it to remain the same.
Brian Acheson CSEP, international president, ISES, said: "This survey shows that the events industry is continuing to recover, not just locally but globally, and that there is a very strong demand for event products and services across all sectors, with both supplier sales and client spend increasing at a fast pace."
The Global Business Survey was conducted during March 2014 and was completed by ISES members from the UK, Canada, US, Middle East, Africa and Europe.
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