Industry Research

  • New report says business travellers can expect new tools, better service and a focus on safety and security in 2016

    CWT report shows travel managers are putting traveller needs first The latest research from Carlson Wagonlit Travel (CWT) suggests 2016 will be the year of the traveller, as companies embrace new technologies and ways of working to improve traveller satisfaction. The CWT Trends website combines a survey of over 1,000 travel managers across the world, white papers, client case studies and additional CWT research to give travel managers a comprehensive look at the year ahead. The report’s interactive microsite allows…

  • 2015 Q3 exhibition industry performance remains strong

    Exhibition industry continues growth pattern The Center for Exhibition Industry Research (CEIR) recently reported that after a sharp increase in both the first and second quarters, the performance of the business-to-business exhibition industry, as measured by the CEIR Total Index, remained relatively strong during the third quarter of 2015, posting a year-on-year gain of 3.1 per cent (see Figure 1). This growth is the third highest rate since the second quarter of 2012. It also marked the 21st consecutive quarter…

  • Millennials want to travel more for business, embrace value of face-to-face meetings

    Business traveller satisfaction with getting through airport security and faith in overall economy declines significantly since previous quarter Millennials are nearly twice as likely to want to travel more for business than Baby Boomers (45 per cent to 26 per cent, respectively), and a strong majority of Millennials (57 per cent) believe technology can never replace face-to-face meetings to get business done. Additionally, Millennials are far more likely to rely upon social media to meet up with friends when travelling…

  • Global meetings industry forecast predicts strong growth across all regions in 2016

    North America meeting activity expected to rise as a result of strong economics and an increased focus on training meetings According to the American Express Meetings & Events 2016 Global Meetings Forecast (“the Forecast”), positive economic trends combined with the global expansion of companies will drive continued growth for the meetings industry in 2016. Across all regions, the number of training and internal meetings is expected to experience high levels of growth as companies continue to invest in bringing their…

  • Trends in the conference centre industry

    The International Association of Conference Centres (IACC) has released the 2015 edition of Trends® in the Conference Center Industry. According to IACC CEO Mark Cooper, “For the third year running, this comprehensive trends report, the only one which focuses on small meetings-focused venues industrywide, indicates that IACC members have improved occupancy and rates are stronger than the previous year, significantly so for IACC’s corporate meeting venue operators.” Cooper continued, “Corporate meeting venues lead the recovery with the highest Average Daily…

  • New CWT Meetings & Events report predicts overall industry growth in 2016

    Caution raised to meeting and event planners about stricter booking conditions CWT Meetings & Events, the award-winning meetings and events agency, has released its 2016 Meetings and Events Forecast (“Forecast”). It predicts positive growth for the industry in the coming 12 months. While the news of overall growth is positive, the report also sounds a note of caution. As attrition and cancellation terms are becoming stricter, supplier negotiations will be more important than ever to meeting planners. The fourth annual…

  • IACC survey reveals latest set of generational preferences of meeting planners

    A recent survey conducted by the International Association of Conference Centres (IACC), in partnership with Development Counsellors International (DCI), has revealed new generational preferences of meeting planners in the Australia Asia Pacific region, with implications globally. “This is the first survey of its kind produced by IACC in the Australia Asia Pacific region and is the third survey following similar research in the Americas and Europe,” says Mark Cooper, CEO, IACC. “There were important differences highlighted in the research in…

  • 2015 Q2 data shows exhibition industry sees highest quarterly increase in eight years

    After a sharp increase in the first quarter, the performance of the business to business exhibition industry, as measured by the CEIR Total Index, remained relatively strong during the second quarter of 2015, posting a year-on-year gain of 3.8 per cent (see Figure 1). This growth is the second highest rate since the second quarter of 2007 and also marked the 20th consecutive quarter of year-on-year growth. Over the three years through 2014, the exhibition industry growth generally lagged the…

  • MPI Summer 2015 Edition of Meetings Outlook report now available

    Meeting Professionals International (MPI) has published its Meetings Outlook, 2015 Summer Edition. The latest installment of the quarterly special report indicates continued intelligent growth in the industry with meeting professionals showing a renewed focus on attendee “wants” – big-name speakers, entertainment and shoulder days – and going beyond “needs” as they strive to do much more with just a little more. Key findings include the following: 72 per cent of meeting professionals expect overall business conditions to improve in the…

  • GBTA Foundation annual forecast predicts global business travel spending to hit record high of $1.25 trillion in 2015

    GBTA identifies five business travel markets of the future Despite recent economic turbulence, China business travel will increase by 61 per cent over the next five years, from $261 billion in 2014 to $420 billion in 2019. That increase is greater than the increases in business travel growth in the next eight largest countries combined, including the U.S., Germany, India, U.K., Indonesia, France, Turkey and Japan. These findings are part of an annual travel forecast released today at GBTA Convention…

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