• Skip to content
  • Skip to footer
  • About
    • Welcome
    • Advertise With Us
    • Partners
  • Events
  • Education
    • Professional Development Guide
    • Subscription
  • Blog

Plan Your Meetings @ Meeting Professionals International

August 6, 2010 by Kathy Janich Leave a Comment

Latest MPI survey: Industry healthier than a year ago

The June 2010 MPI Business Barometer contains more good news than bad for meeting planners, especially those who work in the United States. The bottom line: Current conditions are better than they were a year ago, according to 61 percent of respondents, but the industry recovery that began in February 2010 after 18 stagnant months has begun to slow. The report also finds that:

  • Employment in the meeting and event industry is increasing.
  • Meeting attendance is improving.
  • More meetings are being booked for 2010 and 2011, but they come with lower budgets.
  • Domestic associations lead those in the European Union in the increase of activity.
  • Financial problems in the EU are being felt.

Shorter lead times remain the most often-mentioned trend affecting the industry, with 10 percent of respondents calling it their No. 1 concern. The reasons behind this trend include greater budget and contract scrutiny, uncertainty about the speed of the economic recovery, and the reintroduction of meetings and events that have been postponed in recent years. Meeting planners said this truncates the time they have before an event and can negatively affect the attendee experience.

EU participants report slightly lower current and projected conditions than their North American counterparts. The lower EU conditions are likely the result of economic troubles in member nations.

The MPI Foundation Business Barometer, an ongoing real-time look at the industry, was created in April 2008. Surveys are taken every two months. MPI has 24,500 members worldwide.

Filed Under: Meeting industry news Tagged With: june 2010, meetings industry forecast, mpi, mpi business barometer

Our Mission

PYM @ MPI seeks to empower the people who make meetings happen by providing best practices education, helping them forge strong business partnerships with suppliers and find mentors in the industry. We firmly believe that meeting and event planners are the movie producers of the corporate world. Meetings move us. Meetings mean business. When we meet, we can change the world.

2711 Lyndon B. Johnson Freeway, Suite 600, Dallas, Texas 75234

PYM @ MPI Privacy Policy  |  Contact Us

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Footer

Our Mission

PYM @ MPI seeks to empower the people who make meetings happen by providing best practices education, helping them forge strong business partnerships with suppliers and find mentors in the industry. We firmly believe that meeting and event planners are the movie producers of the corporate world. Meetings move us. Meetings mean business. When we meet, we can change the world.

2711 Lyndon B. Johnson Freeway, Suite 600, Dallas, Texas 75234

PYM @ MPI Privacy Policy  |  Contact Us

The Practical Guide to Meeting Planning

PYM2015-Practical-Guide-to-Meeting-PlanningPages of handy-dandy checklists of essential items and best practices.

Download it today

Connect with us

Want to keep up with what's going on with PYM? Follow us across our Social Networks.
  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • Twitter
  • YouTube

Become a Meeting Professional

Join Meeting Professionals International, the largest and most prestigious international association for meeting and event professionals.

Want to learn more? Contact us or call 866-318-2743 and tell them PYM sent you!

MPI Logo

©2019 Plan Your Meetings @ Meeting Professionals International. Plan well & prosper, friends!

© 2019 Plan Your Meetings @ Meeting Professionals International · Rainmaker Platform