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Five learnings from MPI’s Meetings Outlook

Five learnings from MPI’s Meetings Outlook

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In an industry which lacks a strong body of knowledge, studies and analysis, MPI’s quarterly market analysis of a representative sample of its members comes as a welcome source of data and knowledge. In its summer edition, we decided to just identify, ‘to the point’, five learnings for you.

Sellers’ market. We have seen that clearly in the USA for a few years, and it has been clearly coming to Spain to, as anyone booking a conference in a hotel in a big city will have noticed in the form of higher prices. “Meeting space is scarce, both short-term and long-term”, says a planner. This comes as the market is experimenting some growth (54% of planners predict higher budget for next year, while 18% expect lower), even though in the qualitative comments, various planners stress that budgets are growing very moderately.

Uberization of HR? Permanent staffing is growing very little: 30% of organisations plan to grow their teams of full-timers, while 20% plan to reduce it. This is clearly limited growth… The idea of a “jobless recovery” looks like a reality. Interestingly, companies are resorting increasingly to hiring people on a project basis: 42% of organizations will increase their use of contracted staff, while only7% will reduce it. The Uber model is the future of events? Actually it seems to be the present!

The headache of allergies and diets. Your brother-in-law is vegan, your neighboor is muslim, your son is allergic to gluten, you are cutting down on carbs… So you wont be surprised that F&B prices are ticking up, as added costs for meals tailored to dietary re¬strictions contribute to costs. In keeping with current dietary trends, more attendees are asking for gluten-free, low-cholesterol, low-carb, vegetarian and vegan options. “We’re simply seeing a stronger rhetoric towards making sure that what is provided is as hypoallergenic as possible, as culturally acceptable as possible and as dietarily flexible as possible,” says a professional.

Short and crispy! The move towards short presentations seems to be complete: 84% of respondents identified the ideal length of a conference presentation with a single speaker as 20 or 30 minutes.

Purely American issues. Just to remind European planners of the specifics of US event planning, let us just remind you that 30% of respondents are avoiding destinations with laws prohibiting universal restroom use (the possibility to use the bathroom of the sex you identify with, an issue for transgender people and 19% are avoiding locations with more liberal handgun laws. We are far from that…

 

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