meetings outlook q3 2017: a deep dive into the latest industry trends
TRANSCRIPT
November 2017- Q3 2017
A Deep Dive into the Latest Trends
Kristi Casey Sanders, CMP, CMM, DES, HMCCDirector of Thought Leadership
Meeting Professionals International&
Jessie States, CMMManager, Professional DevelopmentMeeting Professionals International
@KristiCasey @Jessie_States#MPI www.mpiweb.org/join
FavorableFlat
Negative
57 20 23
Global Projected Business Conditions
%%
%
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How Favorable?
Global Projected Business Conditions
7%
13%
37%
+10% better
6-10% better
1-5% better2.0%
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Global Favorable Business Projections
58%
Q4 2016
69%
Q1 2017
56%
Q2 2017
57%
Q3 2017
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Global Projected Business Conditions
+10% worse
6-10% worse
1-5% worse
2%
3%
18%
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Unfavorable Business Projections
21%
Q4 2016
15%
Q1 2017
25%
Q2 2017
18%
Q3 2017
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Domestic Association
34%
Domestic Corporate
49%
Increasing Segments
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Domestic Association
31%
Domestic Corporate
47%
Increasing Segments
+10%
over the last two quarters
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International Association
22%
International Corporate
19%
Decreasing Segments
Government
31%©2018 Meeting Professionals International. All rights reserved. www.mpiweb.org/join
Change in Meetings ActivitiesEducational +2.4%Training +2.1%Special Events +1.8%Sales +1.7%VIP Client +1.6%Incentive +1.2%Symposium +1.0%Annual Conventions +0.8%Management +0.8%Board Meeting +0.8%Trade Show +0.3%
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©2018 Meeting Professionals International. All rights reserved. www.mpiweb.org/join
Global Projected Budget Conditions
Favorable Flat Negative
47% 27% 26%
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Favorable
.8%
2%
9%
36%
+10% better
6-10% better
1-5% better
Global Projected Budget Conditions
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Global Favorable Budget Projections
45%
Q4 2016
52%
Q1 2017
55%
Q2 2017
47%
Q3 2017
©2018 Meeting Professionals International. All rights reserved. www.mpiweb.org/join
©2018 Meeting Professionals International. All rights reserved. www.mpiweb.org/join
©2018 Meeting Professionals International. All rights reserved. www.mpiweb.org/join
Global Projected In-Person Attendance
Favorable Flat Negative
48% 30% 22%©2018 Meeting Professionals International. All rights reserved. www.mpiweb.org/join
Favorable
.9%
2%
7%
39%
+10% better
6-10% better
1-5% better
Global Projected In-Person Attendance
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Global Favorable Live Attendance Projections
50%
Q4 2016
55%
Q1 2017
52%
Q2 2017
48%
Q3 2017
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Global Projected Virtual Attendance
Favorable Flat Negative
63% 31% 6%
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Global Favorable Virtual Attendance Projections
53%
Q4 2016
57%
Q1 2017
52%
Q2 2017
63%
Q3 2017
©2018 Meeting Professionals International. All rights reserved. www.mpiweb.org/join
Global Favorable Virtual Attendance Projections
53%
Q4 2016
57%
Q1 2017
52%
Q2 2017
63%
Q3 2017
©2018 Meeting Professionals International. All rights reserved. www.mpiweb.org/join
©2018 Meeting Professionals International. All rights reserved. www.mpiweb.org/join
©2018 Meeting Professionals International. All rights reserved. www.mpiweb.org/join