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.


MPI announces new board of directors 

MPI launches advisory council for pharma industry


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.

More:

MPI EMEC 2016 kicks off in Copenhagen

Event planners don't understand threat of cyber hacking

In Pictures: EMEC 2016: Part 1

• For more breaking news, in-depth features and case studies, sign up to C&IT Magazine's daily Newstracker here

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
Freeman hires new creative director amid 'significant' growth

Freeman hires new creative director amid 'significant' growth

Brand experience company makes appointment to lead its experiential creative team from the Soho office in London.

Event planners' top picks for Singapore revealed

Event planners' top picks for Singapore revealed

We asked two experts who have organised events in the country to share their experiences of the sovereign state.

How planners can prepare for a terror attack

How planners can prepare for a terror attack

Counter-terrorism expert Richard Pendry has advice for event organisers on how to respond to critical incidents.

Defying convention: 6 brand new global venues

Defying convention: 6 brand new global venues

New and upcoming international convention centres across Asia, the Americas and Europe.

Our view: Event planners aren’t security guards for drunk guests

Our view: Event planners aren’t security guards for drunk guests

Event organisers should not be placed in vulnerable or compromising positions, says C&IT’s senior reporter Ellie Kahn.

Pure Events appoints business development director

Pure Events appoints business development director

New hire will focus on broadening the agency's client base as it aims to work with more global companies.

16 ways to make conferences less wasteful

16 ways to make conferences less wasteful

Carbon-neutral events may not be possible yet, but there are big changes planners can make to help protect the planet.

Case study: Deviate Innovation Summit 2019

Case study: Deviate Innovation Summit 2019

The one-day summit in an unusual London location addressed the future of media consumption.

‘I’m sick of being asked why I’m charging’, says DMC manager

‘I’m sick of being asked why I’m charging’, says DMC manager

Event agencies and DMCs debate issues around cost and creativity during a panel discussion at C&IT’s Incentives Retreat.

New global MD for Ashfield Meetings & Events

New global MD for Ashfield Meetings & Events

Agency makes three appointments to its global leadership team, include HR and finance directors.

LATEST JOBS