DALLAS (August 24, 2022) - Meeting Professionals International (MPI), the world’s largest meeting and event industry association, has published its Summer 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.
Meeting and event business projections remain strong with signs of growth at a sustainable pace rather than the jarring ups and downs that have been seen during the past 30 months. Key findings include:
“Industry professionals continue to express high levels of optimism about future business conditions and attendance despite the challenges they face, from ongoing supply chain disruption, cost increases and inflation to worries about the economy and war to short-term bookings and decreasing availability,” said Jessie States, Vice President of MPI Academy. “Staffing shortages continue to put stress on organizations while also impacting service delivery. For organizers, this means more contingency, risk mitigation and management planning and enhanced communication strategies, while suppliers work to manage short RFP turnarounds, staffing (particularly back-of-house), an increase in unseasoned clients and tight calendars. Costs are up for everyone, regardless of industry, sector or marketplace role, which is leading professionals of all kinds to think creatively, focus on ROI and be flexible.”
Meetings Outlook is developed in partnership with IMEX Group. The full report can be found here: https://www.mpi.org/docs/default-source/pdf/meetings-outlook/meetingsoutlook-summer-2022-hr_final.pdf
About MPI: Meeting Professionals International (MPI) is the largest meeting and event industry association worldwide. The organization provides innovative and relevant education, networking opportunities and business exchanges, and acts as a prominent voice for the promotion and growth of the industry. MPI has a global community of 60,000 meeting and event professionals including nearly 14,000 engaged members. It has nearly 70 chapters, clubs and members in more than 75 countries worldwide. "When we meet, we change the world."