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MPI Spring 2016 Edition of Meetings Outlook Report Now Available

WHAT:                 Meeting Professionals International (MPI) has published its Meetings OutlookTM, 2016 Spring Edition. The latest installment of the quarterly special report indicates meeting and event industry projections remain solidly positive but stabilizing at a slightly cooler rate than in 2015.

 

Key findings include the following:

  • The projected change in business conditions (2.7 percent) is slightly weaker than the previous quarter, suggesting a continuation of the gradual cooling of growth.
  • Respondents project a 1.8 percent growth in budget—statistically identical to last quarter—reinforcing the idea of stability in the industry.
  • 32 percent of respondents cite the seller’s market as a top issue, making that the most prevalent trend this quarter.

 

To view the full report, visit www.mpiweb.org/meetingsoutlook. A printed copy is included in the May 2016 issue of MPI’s award-winning magazine, The Meeting Professional®, as well.

 

Meetings Outlook is supported in partnership with the IMEX Group.

 

 

DETAILS:              Meetings Outlook presents future industry trends and predictions from MPI members, including meeting professionals on MPI’s Business Research Panel. Every quarter, research firm Association Insights surveys the panel, asking a short series of quantitative questions related to the economy and a qualitative question regarding the individual’s professional outlook. Phone interviews are also conducted with randomly selected MPI members. The report provides a quarterly tracking of current business conditions and future outlooks.

 

 

ABOUT MPI:       Meeting Professionals International (MPI) is the largest and most vibrant global meeting and event industry association. 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 membership includes approximately 18,500 members belonging to more than 80 chapters and clubs in 22 countries. For additional information or to join, visit www.mpiweb.org.

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