MPI: Event Industry Projections Remain Solidly Positive

Meeting Professionals International (MPI) has published its Meetings Outlook, 2016 Summer Edition. The quarterly special report indicates meeting and event industry projections remain solidly positive as planners and suppliers adapt and learn to thrive in the evolving seller’s market landscape.

Key findings include the following:

• The past year has seen a 12 percent drop in respondents that project positive growth for upcoming live event attendance (down from 62 percent); yet, live and virtual attendance figures are still expected to grow 1.5 percent and 2.5 percent, respectively.
• Thirty percent of respondents are avoiding destinations that have laws prohibiting universal restroom use; while 19 percent are avoiding locations with liberal handgun or weapons laws.
• Sixty-three percent of respondents predict favorable business conditions for the year ahead.
• Twenty-seven percent of respondents said political elections have a significant influence on meetings and events.

To view the full report, visit http://bit.ly/2aUmOgZ. A printed copy is included in the May 2016 issue of MPI’s magazine, The Meeting Professional.

Meetings Outlook is now developed in partnership with MGM Resorts International and supported in partnership with the IMEX Group.

www.mpiweb.org