Meetings No 18
Intro
Chart a New Course to a Blue Ocean
Atti Soenarso: “In blue oceans competition has no meaning.”
Cover Story
Embracing Diversity and Inclusion
Sofia Falk: “Today businesses are eager to find solutions.”
Reghunathan
Recharge to Thrive Again
Dr. Rajkumar Reghunathan on burnout management.
Radar
Sydney Set for Business Event Boom
82 international events are in the pipeline for 2017–2023.
Knowledge Exchange
Meetings Are a Significant Economic Driver for Whistler
Insight into the city’s venue role from Mayor Nancy Wilhelm-Morden.
Knowledge Hub
Converting to Convention
Abdulla Bin Souqat on designing Dubai as a destination.
Sports Events
Sport and the City
Barbara Martins-Nio: “Successful sports cities have a clear strategy.”
Intermission
The Road Not Taken
A poem by Robert Frost.
Radar
CWT Foresees Event Growth in 2017
Safety, security and technology are expected to be major trends.
Radar
IBTM World Unveils Ultra-relevant Content for Meeting Planners
A knowledge programme shaped by attendees’ priorities.
Economic Multiplier
Driving Collaboration and Innovation Through Personality
Meet Gavin Poole, CEO of London’s new tech campus, Here East.
Sharma
How Business Titans Do It
A Mastery Session by Robin Sharma.
Radar
IBTM World Announces Award Shortlist
Ten finalists will compete for Technology and Innovation prize.
Brain Check
Pleasurable Dopamine Rushes
Tomas Dalström interviews Professor Lars Olsson.
Kellerman
Fixed vs. Growth Mindset
Roger Kellerman: “Why limit yourself when you can keep on learning?”
classifieds
news
business Intelligence
Saudi Arabia to launch into MICE sector
worldwide by exhibiting at IMEX in Frankfurt.
New position
Aoife Delaney
new Director of Marketing and Sales at DMC Network.
Redefining meetings
Sarawak goes tribal
to boost business.
Hotel world
Asias ultimate destination,
Signiel Seoul Hotel opens in the worlds new landmark.
Business Intelligence
Ottawa Tourism
sees large business events bookings up 220% in Canada’s 150th year.
meetings creates events, events creates meetings
Swedish Exhibition and Congress Centre
in Gothenburg speeds up plans to extend facilities.
Aviation Industry
Swedish Aviation Tax to Cost 7,500 Jobs,
Conflicts with Global Carbon Agreement.
NEW
Successful trials lead IMEX in Frankfurt
to fully-fledged roll out of Zenvoy networking service.
meetings means business
Business Booms
at ibtm arabia 2017.
food and meetings
KOKS wins
the Faroe Islands’ first Michelin star
Links
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CWT Foresees Event Growth in 2017

The forecast for 2017 from Carlson Wagonlit Travel (CWT) Meetings & Events predicts growth and expects safety, security and technology to be among the major trends.

The annual forecast brings together data and insights on all aspects of the industry with an aim to help meeting planners to budget and plan for the coming year.

Analysts predict that GDP growth globally will be slightly lower in 2017, indicating that getting the best value for money and reducing the cost per attendee will be higher priorities for planners. Despite an expected decrease in client meeting spend in some regions, the forecast still predicts overall growth for the industry.

Expected developments highlighted by the forecast include: a move to a buyer’s market in North America, with hotel supply expected to surpass demand for the first time since 2009; a decrease in hotel rates in Brazil due to the solid infrastructure and supply surplus created by the recent World Cup and Olympic Games; a rise in costs per attendee and group size in Asia Pacific and a 25 per cent increase in the number of meetings; more meetings and event bookings for midscale hotels in Europe due to factors such as strict company guidelines, reduced budgets, savings targets and increasing industry regulations for buyers.

Three major trends are identified in the global meeting and events industry. Food and beverage prices are expected to rise as a result of increased production costs, changes in imports and exports, and the surge in special dietary requests from attendees. Concerning safety and security, traditional tracking of air travellers will expand to include manifests of all meeting attendees in order to facilitate emergency planning. Virtual attendance will increase across the industry using technology that provides remote attendees with two-way interaction capabilities.

The forecast also provides tips on improvements within the industry in 2017. In the case of advance strategic meetings management programs, it states: “Focus on the strategy, not the tactics and big impact areas. Consider outsourcing components of your program to accelerate development and add outside expertise, especially venue sourcing.” There is a call to optimise technology: “Re-examine your technology use to ensure support and value for your organisation and objectives” and implement a small meetings strategy: “Using transient spend with your small ­meetings program can maximise program benefits and cost.”

Summing up the coming year for the industry, Cindy Fisher, vice president and global head, CWT Meetings & Events, says “Heading into 2017, our forecast predicts significant growth in meetings and events for regions around the world. By being flexible with timing and destinations, planners can take full advantage of the current market to optimise their meetings and events, and produce better results.”

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