Modest increases in meetings industry business opportunities and budgets for 2013 should result in a promising year, according to results of the latest “Annual Business Barometer” report by Meeting Professionals International (MPI).
The annual report provides valuable, cutting-edge industry insights for senior executives, meeting planners and suppliers to plan for the upcoming year. It prepares senior executives to plan 2013 budgets and gives meeting planners a gauge of the industry’s 2013 directions, available careers and industry salaries. Additionally, suppliers receive an inside look at what the largest membership of meeting planners will be looking for in the upcoming year.
“The big difference between the annual and bi-monthly ‘Business Barometer’ is the annual barometer surveys the entire membership to give a comprehensive look at our industry. MPI’s goal is to support our international membership of suppliers and meeting planners and this report will provide every member data and tools to be successful,” said Cindy D’Aoust, COO and interim CEO of MPI.
Among key findings published in the Annual Business Barometer are:
• Predictions for an increase in the number of meetings next year compared to last, specifically an increase of 3.3 percent in Canada, 3.2 percent in Europe and 2.8 percent in the U.S.
• Predictions for an increase in meeting budgets of 0.10 percent in Canada, 0.70 percent in Europe and 1 percent in the U.S.
• Top 16 things suppliers want from technology in meetings and top 16 things technology can give suppliers.
The report offers country- and region-specific data for the United States, Canada and Europe and the first report to offer supplemental tools, research and white papers to help readers address their specific challenges.
MPI membership is comprised of more than 23,000 members belonging to 71 chapters and clubs worldwide.