DALLAS (February 3, 2022) - Meeting Professionals International (MPI), the world’s largest meeting and event industry association, has published its Winter Meetings Outlook a future-focused quarterly report that identifies new trends and innovations. The publication allows planners to budget and plan accordingly and ensures a strong foundation for building sound strategies that keep businesses on paths to success.
A balancing market reveals signs of positive things to come—such as growing budgets and anticipated live attendance—however, complications such as the shifting desires of humans emerging from various degrees of societal lockdown as well as a lack of qualified staff/applicants in many meeting and hospitality roles continues to challenge industry professionals.
“Following an omicron-fueled dip in positive projections last quarter, our most recent Meetings Outlook demonstrates positive indicators in a number of areas including increasing optimism in projected in-person attendance and budget," said Jessie States, Vice President of MPI Academy. “Fewer meeting professionals are expecting increases in digital or virtual attendance (down 41% since this time last year). Unpredictability continues to impact the buyer-seller balance in the marketplace. The biggest challenge continues to be employment, with 37.5% of organizations reporting that they are hiring full-time staff and 60% saying they are having problems filling roles. The implications of this are steep for an industry anticipating recovery—and an MPI focus this year will be helping organizations create and cultivate workplace cultures that attract and retain critical staff.”
Meetings Outlook presents future industry trends and predictions from MPI members. Research is conducted in house using the Qualtrics survey platform. The research is conducted quarterly and provides current business conditions and future outlooks.
Meetings Outlook is developed in partnership with IMEX Group. The full report can be found here: https://www.mpi.org/docs/default-source/meetings-outlook/meetings-outlook-winter-2022.pdf
DALLAS (February 3, 2022) - Meeting Professionals International (MPI), the world’s largest meeting and event industry association, has published its Winter Meetings Outlook a future-focused quarterly report that identifies new trends and innovations. The publication allows planners to budget and plan accordingly and ensures a strong foundation for building sound strategies that keep businesses on paths to success.
A balancing market reveals signs of positive things to come—such as growing budgets and anticipated live attendance—however, complications such as the shifting desires of humans emerging from various degrees of societal lockdown as well as a lack of qualified staff/applicants in many meeting and hospitality roles continues to challenge industry professionals.
“Following an omicron-fueled dip in positive projections last quarter, our most recent Meetings Outlook demonstrates positive indicators in a number of areas including increasing optimism in projected in-person attendance and budget," said Jessie States, Vice President of MPI Academy. “Fewer meeting professionals are expecting increases in digital or virtual attendance (down 41% since this time last year). Unpredictability continues to impact the buyer-seller balance in the marketplace. The biggest challenge continues to be employment, with 37.5% of organizations reporting that they are hiring full-time staff and 60% saying they are having problems filling roles. The implications of this are steep for an industry anticipating recovery—and an MPI focus this year will be helping organizations create and cultivate workplace cultures that attract and retain critical staff.”
Meetings Outlook presents future industry trends and predictions from MPI members. Research is conducted in house using the Qualtrics survey platform. The research is conducted quarterly and provides current business conditions and future outlooks.
Meetings Outlook is developed in partnership with IMEX Group. The full report can be found here: https://www.mpi.org/docs/default-source/meetings-outlook/meetings-outlook-winter-2022.pdf
DALLAS (February 3, 2022) - Meeting Professionals International (MPI), the world’s largest meeting and event industry association, has published its Winter Meetings Outlook a future-focused quarterly report that identifies new trends and innovations. The publication allows planners to budget and plan accordingly and ensures a strong foundation for building sound strategies that keep businesses on paths to success.
A balancing market reveals signs of positive things to come—such as growing budgets and anticipated live attendance—however, complications such as the shifting desires of humans emerging from various degrees of societal lockdown as well as a lack of qualified staff/applicants in many meeting and hospitality roles continues to challenge industry professionals.
“Following an omicron-fueled dip in positive projections last quarter, our most recent Meetings Outlook demonstrates positive indicators in a number of areas including increasing optimism in projected in-person attendance and budget," said Jessie States, Vice President of MPI Academy. “Fewer meeting professionals are expecting increases in digital or virtual attendance (down 41% since this time last year). Unpredictability continues to impact the buyer-seller balance in the marketplace. The biggest challenge continues to be employment, with 37.5% of organizations reporting that they are hiring full-time staff and 60% saying they are having problems filling roles. The implications of this are steep for an industry anticipating recovery—and an MPI focus this year will be helping organizations create and cultivate workplace cultures that attract and retain critical staff.”
Meetings Outlook presents future industry trends and predictions from MPI members. Research is conducted in house using the Qualtrics survey platform. The research is conducted quarterly and provides current business conditions and future outlooks.
Meetings Outlook is developed in partnership with IMEX Group. The full report can be found here: https://www.mpi.org/docs/default-source/meetings-outlook/meetings-outlook-winter-2022.pdf