MPI members predict favourable business conditions

63% of MPI members have predicted favourable business conditions for the next year, despite a slight drop in confidence, according to the association's Meetings Outlook 2016 Summer Edition.

The latest installment of Meeting Professionals International's (MPI) quarterly report indicated that meeting and event industry projections remain ‘positive’ as planners and suppliers adapt to the seller’s market. A further 20% of respondents said there would be ‘no change’ to business conditions, while only 17% said they would get worse.


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There was a 16% drop in the number of respondents predicting growth in live event attendance. However, figures for live event attendance are still expected to grow by 1.5% while virtual event audiences are predicted to grow by 2.5%.

Some 27% of the respondents said that political elections would have an impact on meetings and events. Overall more than half thought their budgets would increase in the coming year, with only 18% expecting to see a decrease.

Although Zika and terrorism fears have been cited as major concerns, they were not having a major impact on destination choice. Sharon Schenk, CMP (MPI New England Chapter), director, conventions and event management at CCA Global Partners Inc, said: "Safety is the most important concern to our team. I try to keep up-to-date on the virus and build our contingency plan accordingly. I’m taking the media hype with a grain of salt. It’s a very delicate balance. You have to look at the odds."

According to the report, around 30% of respondents are avoiding destinations that have laws prohibiting universal restroom use, while 19% refuse to visit with regions with liberal handgun or weapons laws.

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