Meeting Professionals International (MPI) has published its Meetings Outlook™, 2016 Summer Edition. The latest installment of the quarterly special report indicates meeting and event industry projections remain solidly positive as planners and suppliers adapt and learn to thrive in the evolving seller’s market landscape.
Meetings Outlook presents future industry trends and predictions from MPI members, including meeting professionals on MPI’s Business Research Panel. Every quarter, research firm Association Insights surveys the panel, asking a short series of quantitative questions related to the economy and a qualitative question regarding the individual’s professional outlook. Phone interviews are also conducted with randomly selected MPI members. The report provides a quarterly tracking of current business conditions and future outlooks.
• The past year has seen a 12 percent drop in respondents that project positive growth for upcoming live event attendance (down from 62 percent); yet, live and virtual attendance figures are still expected to grow 1.5 percent and 2.5 percent, respectively.
• Thirty percent of respondents are avoiding destinations that have laws prohibiting universal restroom use; while 19 percent are avoiding locations with liberal handgun or weapons laws.
• Sixty-three percent of respondents predict favorable business conditions for the year ahead.
• Twenty-seven percent of respondents said political elections have a significant influence on meetings and events.
To view the full report, visit http://bit.ly/2aUmOgZ
. The report is also included in the print and digital versions of MPI’s The Meeting Professional® magazine, August 2016 issue.
Meetings Outlook is now developed in partnership with MGM Resorts International and supported in partnership with the IMEX Group.
Meeting Professionals International (MPI) is the largest meeting and event industry association worldwide. The organization provides innovative and relevant education, networking opportunities and business exchanges, and acts as a prominent voice for the promotion and growth of the industry. MPI has a global community of 60,000 meeting and event professionals including more than 17,000 engaged members and its Plan Your Meetings audience. It has more than 90 chapters and clubs in 24 countries. For additional information or to join, visit www.mpiweb.org.