MPI Foundation made possible important research on the meeting and events industry economic Impact. The research helped bring important data to light including Key findings from a new report show how face-to-face meetings and business events support 5.9 million jobs and hundreds of billions of dollars in annual revenue.
Data for the report was compiled through a nationwide survey of meeting planners, exhibitors and venues and represents almost 9,000 domestic business travelers, almost 50,000 international air travelers and 11,000 hotels.
The cumulative economic impact of face-to-face meetings and events is hard to deny. Results show that every dollar spent on face-to-face meetings and business events generates an additional $1.60 in benefits for the U.S. economy – a 160 percent return on investment.
