MPI and American Express Study forecasts solid 2008 for meeting industry
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According to FutureWatch 2008 meeting professionals expect healthy attendance and budget increases in the coming year. Overall, meetings and events professionals expect a 19 percent rise in attendance in 2008. The finding was matched by a prediction that interest in webcasts and other web based tools for live meetings will also rise, but clearly will not displace the strategic value of face-to-face meetings.
Among its major findings, FutureWatch 2008 also found:
– Rapid move towards globalisation expected, not just discussed
– Budget growth predicted despite worldwide economic concerns
– Suppliers and independent planners may face talent shortages
– Industry is going â