Meeting Professionals International (MPI) has published its Meetings OutlookTM, 2017 Spring Edition. The latest installment of the quarterly report shows the forecast for business conditions and budgets continues to improve at a healthy rate. It also reveals how audiovisual partners have an increasingly powerful role in the outcome of successful events, while planners are driven to focus more on myriad aspects of contingency planning.Key findings include the following:
69% of respondents predict favorable business conditions—up 11% since last quarter.
48% of respondents report good availability of space for 2017 meetings; 61% say the same for booking 2018 meetings.
21% of respondents have significantly increased sustainability practices in the past five years; 28% have either decreased or not increased such practices.
Attendance at live and virtual events is expected to grow by 1.8% and 2.7%, respectively.
To view the revised full report, visit www.mpiweb.org/meetingsoutlook
Do you have any questions or comments about this article? Send an email to the editors.