Remove 2022 Remove Corporate Events Remove Corporate Meetings Remove Sustainability
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Corporate Meeting Planners Reveal What’s Changing for Them

MeetingsNet

Shifting trends are found in how planners are measuring sustainability as well as overall event success, plus technology, budgets, and staffing. First, among the nearly 70 meeting managers at international corporations who participated in ICE’s research, sustainability remains a top priority for more than three out of four of them.

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Business travelers set to see air fares rise by 8.4%, hotel rates by 8.2%, and car rental charges by 6.8% in 2023

Prestige Events Magazine

This is on top of a predicted full year 2022 increase in air fares of 48.5%, hotel rates of 18.5%, and car rental charges of 7.3%. Year-on-year changes in travel pricing (actual) 2020 (actual) 2021 (estimated) 2022 (estimated) 2023 Air fares (12%) (26%) 48.5% The current base case scenario for 2022 is for 3% growth, followed by 2.8%

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“Mergers, acquisitions, joint ventures and partnerships will increase in 2021”

Event Industry News

Market and business recovery, the rise of virtual and hybrid events, and the importance of mental health and sustainability were amongst other topics that the HBAA leadership have highlighted in their views. Sayward explains: “In-person large-scale business events will return, but not to full scale until the end of 2021, and even 2022.

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