Sign in or Register
 
 
Register today to receive each issue absolutely FREE!
CMW catches up with Pacific World and finds the newly-expanded company has...
More
Fernando Lonergan on the need to get your event planning right. ...
More
Antony reeve-crook hears from experts about getting the most from on-stage...
More


Exhibition World Issue 76
Issue 76
Supplement: Basque Country
Supplement: Bright lights, big cities
RISING BUDGETS DETECTED IN LATEST MPI BUSINESS BAROMETER
posted on: 21/1/2013 11:04:52
iStock_statistics

WORLD - Meeting Professionals International’s (MPI) 2012 Business Barometer report reveals that budgets continue to rise at a slow pace, the corporate sector has made short lead times de facto business practice, and remote access to meeting content, whether live or on demand, sees growing popularity.

The Business Barometer report monitors the meetings industry’s most immediate needs in relation to economic concerns and opportunities. Every two months, research firm Association Insights surveys its Business Research Panel, a select group of senior level meeting professionals from MPI’s 21,000 international members, and asks a short series of quantitative questions related to the economy and a qualitative question regarding the individual’s professional outlook. The survey provides a bi-monthly tracking of current business conditions and outlooks compared with actual business conditions and outlooks a year ago.

Other findings from the December report include the fact that technological innovation continues with new opportunities for attendee (remote and onsite) interactivity, lower costs and better risk management. Meeting professionals are also hiring people who have strong working knowledge of new technology.

An MPI spokesman says: “The Business Barometer allows MPI to better gauge immediate and future business and economic conditions. MPI provides the report so members can have the information they need to succeed, including current and predicted attendance trends, overall employment and lead times. Members use the insights and findings to forecast annual budgets, inform hiring practices and take their business to an even greater level of success.”

Do you have a news story for CMW? Email: vcarley@mashmedia.net

Print:
Email:
Share article:
COMMENTS
Would you like to Leave a Comment?
LATEST NEWS
CONVENE 2015 HOSTED BUYER REGISTRATION OPENS
posted on: 2/9/2014 14:12:47
EUROPE - Preparations for Convene, the meetings industry exhibition that showcases the opportunities on offer in the Baltic Sea Region, are underway for its third installment on 11-12 February 2015.

ASIA - Informa is preparing for the debut of its real estate investment and development event, Cityscape Malaysia, on 4-6 February 2015.

AUSTRALASIA - Event agency Staging Connections has extended its audio visual partnership with hotel group Crown Melbourne.

WORLD - Reed Exhibitions has appointed Chet Burchett as Chief Executive Officer of Reed Exhibitions reporting to Mike Rusbridge, who will continue in the role as Executive Chairman.

EUROPE - Messukeskus Helsinki, Expo and Convention Centre, has decorated two of its meeting rooms with graffiti art.