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Meetings and Conferences |
Meetings Industry to Grow in 2006 with Increase in Meetings, Attendees, Budgets, Lead Times and Demand Outpacing Supply
Meeting Professionals International and American Express survey projects third consecutive year of growth.
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 "All FutureWatch 2006 respondents expect to have more frequent, longer and larger meetings this year, suggesting that organizations are increasingly recognizing the value of meetings as strategic business tools that can achieve business goals," said Colin Rorrie Jr., PhD, CAE, president and CEO of MPI.
DALLAS - Jan. 10, 2006 - The global meetings industry is expected to grow for a third consecutive year, signaling economic and corporate prosperity, as well as a financial boost for hotels, airlines and convention centers, according to FutureWatch 2006, an annual research report from Meeting Professionals International (MPI) and American Express.
According to FutureWatch 2006, several key indicators including the total number of meetings planned and expenditures per meeting/event are expected to increase in 2006. Client-side planners (defined as corporate, association, government and non-profit planners) and intermediaries (defined as independent meeting planners, third-party planners, multimanagement companies, destination management companies and association management companies) expect the number of meetings planned by their organizations to grow by 7% and 21% over 2005, respectively.
* from the MPI website, 1/12/06
Let us assist you in planning your next meeting or conference. Whether an awards/recognition meeting, sales motivation, team strategic planning or annual board meeting we've got the perfect configuration for you!
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