Speaking at the HBAA Members Meeting at the Leicester Tigers conference and events venue last week, TI committee chair and CEO of MeetingRooms, Caleb Parker, suggested that Airbnb could reduce hotel revenues by 5-10% by 2010.
Meanwhile, according to VenueDirectory.com, 74% of meetings enquiries last year were for less than 30 delegates, suggesting demand for small meetings is on the rise.
In terms of industry trends, Parker highlighted remote connectivity, holographic projection for 3D presentations and live streaming for remote delegates as the most impressive technology and innovation updates likely to increase in popularity in 2016.
HBAA chairman Leigh Cowlishaw, said: "As Technology continues to dominate the way in which we interact, book, view, feedback and compare business travel and meetings, it is increasingly important for the HBAA to serve up and share with the association and wider industry; technology developments that will change and enrich our experiences and support our choices and behaviours."
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