MPI Outlook: Event budgets rise despite security concerns

More than half (57%) of event planners have predicted a rise in budgets for 2017, with 15% reserving additional budget for security, according to the MPI Meetings Outlook 2016 Autumn Edition.

The latest instalment of the quarterly report from Meeting Professionals International (MPI) projects moderate growth in overall business conditions, with 67% of planners predicting ‘favourable conditions’ and only 13% predicting poor conditions. In terms of live events, there is a positive outlook, with 60% of respondents expecting a growth in the number of attendees.

Employment growth is expected to remain steady, with 34% of respondents seeing an increase in the number of full-time employees, and 45% witnessing a rise in the number of contract workers. This data remains relatively similar to the previous year, where there was a 38% increase in the number of full-time staff.


MPI Insights: Suppliers want honesty from corporates

MPI announces new board of directors 


While 15% of meeting professionals have increased security threat awareness and responses, 14% claim security has influenced destination selection.

According to the report, many meeting professionals are preparing for the worst while hoping for the best. Stuart Ruff-Lyon, CMP, MPI Greater New York City Chapter, and vice president of events and education at RIMS, the risk management society, organises an annual 11,000-attendee trade show, as well as smaller events. "We have sniffer dogs and many plain clothes armed police walking the floor," he explained. "None of this is inexpensive. Our security budgets are increasing, increasing, increasing."

Despite the rising concern about security, some meeting organisers and planners are still leaving glaring gaps, according to Robert Siciliano, a security analyst who works with corporate groups. "One big oversight is attendees leaving their computers and personal devices on meeting room tables when they leave for breaks.

"When they don’t simply take their device with them to lunch, they’re saying, ‘We’re not concerned about our devices being stolen. It’s really not going to happen here'. It’s a complete showing of denial that these things are going to happen around here."

More from MPI:

New president Jane Baker shares ambitions for MPI

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
Neon gets new deputy MD from Clive

Neon gets new deputy MD from Clive

Dublin-based event agency is repositioning itself to produce more live and digital experiences.

‘I was feeling like a tortoise in quicksand’

‘I was feeling like a tortoise in quicksand’

Pico's Caroline Bee recounts her first experiences of organising events in the Middle East.

8 rules for being a great leader during lockdown

8 rules for being a great leader during lockdown

Shelton Fleming’s strategy director says leaders will emerge during the pandemic and help businesses remain fighting fit.

LIVE UPDATES: World Athletics Championships moved to avoid Olympics clash

LIVE UPDATES: World Athletics Championships moved to avoid Olympics clash

All the latest postponements and cancellations as the world deals with the coronavirus pandemic.

How Worldspan is keeping its team connected during a crisis

How Worldspan is keeping its team connected during a crisis

'It's critical to have regular, honest communication with the whole team,' says event agency's MD Sophie Morris.

Our view: I watched a car-crash webinar

Our view: I watched a car-crash webinar

C&IT’s senior reporter Ellie Kahn prays that online events quickly improve during the lockdown.

'Indefinite' travel ban leaves planners with more questions

'Indefinite' travel ban leaves planners with more questions

As the Foreign & Commonwealth Office updates its advice against all non-essential travel, can planners make any forward bookings at all?

Insurance company rejects agency’s coronavirus claim

Insurance company rejects agency’s coronavirus claim

Creative communications agency had taken out specific coverage for ‘human contagion disease’ in the lead up to the coronavirus pandemic.

Case study: Genesis launches luxury electric car Mint Concept

Case study: Genesis launches luxury electric car Mint Concept

INVNT's car launch event included a runway show, live music and dancing at a brand new venue in New York.

9 ways to improve your virtual meetings

9 ways to improve your virtual meetings

Dan Walker from Ashfield Meetings & Events has compiled a checklist to ensure your video calls run smoothly.