Some of the top industry trends that were shared at the sales forum included:
- Nearly 1.8 million meetings and events are held each year and meeting planners incur the most costs from: meeting planning and production, accommodations, food and beverage, air transportation and venue rental.
- Religious meetings and conferences faired the economic downturn much better than other industry segments and were able to take advantage of lower meeting space rates enabling them to incorporate more meeting services into their events.
- Meeting planners are dealing with shrinking budgets for meetings and events and must look at ways to cut costs. One area they look to save money in is with food and beverage.
- Association meeting planners expect the number of meetings to increase as well as budgets. However, they are still looking to keep costs down.