The #1 software for planners and properties to collaborate online.
4,229 customers creating
1.73 million events with
210 million participants
We envision a world where face-to-face events achieve great things
Sample of the 40+ awards Social Tables and its leadership have received.
● Develop insight into how our industry is performing.
● Review trends, predictions, and strategies for what’s ahead and how you can be successful.
● Identify ways you can invest in your career now.
Learning Objectives
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How would you describe the health of our industry?
Politics and PoliciesA potential trade war and ongoing immigration issues will impact the global hospitality industry, hospitality leaders believe.
DemandIndustry leaders believe corporate travel will bounce back in 2017 due to the stock market’s performance, “lessening regulations on corporations, slashing their tax rates, and building up a more robust transportation infrastructure.” This will contribute to an increase in ADR, which will increase RevPAR by an estimated 2.3%.
SupplyAn increase in hotel room supply will marginally outpace growth in demand, resulting in a decline in occupancy to 65.3%. Airbnb remains a wildcard.
Airbnb continues to grow and just raised $1bn. They were profitable in 2H 2016.
The Overall ClimateWe are still in a supplier market. Chains are reporting strong group booking toward the end of the year and beyond but tepid short-term booking due to market and government uncertainty.
Budgets and attendance in 2016 grew from 2015 but at a slower pace. Exhibitor numbers grew in 2016 at a higher clip than 2015 so more space was used.
The Biggest ChallengeSafety and security are top-of-mind for planners.