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Expectations for in-person attendance, budgets and the overall business landscape dropped sharply this quarter as event professionals reveal the ways and extent to which recent U.S. executive orders and policy changes are impacting meetings and events.
A majority of meeting and event professionals anticipate negative business conditions over the next year, with only 31% of respondents expecting favorable conditions.
Nearly half of respondents (48%) expect in-person event attendance to decrease over the coming year. Virtual attendance expectations, meanwhile, reveal an optimistic boost.
Three-quarters (75%) of survey respondents said recent U.S. executive orders and/or government policy changes are already having a negative impact on their business. In fact, 62% of respondents report only negative effects.