Meetings Outlook

Developed in partnership with:

IMEX

 

 

Winter 2024

Welcome to the Q1 2024
Meetings Outlook Report

Positive sentiment for the overall business of live events is growing across the most significant metrics—business conditions, attendance, budgets— while hiring difficulties have improved for each of the past three quarters.

 

READ MORE

 

 

Business conditions

Business conditions are viewed as increasingly positive once again, with 76% of respondents projecting favorable conditions for the year ahead. That’s up 6% over last quarter but down 9% compared to this time last year.

READ MORE

Business Conditions

 

 

Budgets and Cost Cutting

Budgets and cost cutting

While budget projections continue to inch up slightly (72% of respondents expect favorable changes over the next year), inflation is, for many respondents, necessitating the implementation of cost-cutting measures.

READ MORE

 

 

Hiring challenges

We're finally seeing a change in hiring difficulties. While 46% of respondents say it's still difficult to fill job vacancies, this is the third consecutive quarter in which that figure has decreased. In addition, 26% of survey respondents say at least half of their staff has been hired since Jan. 2020.

READ MORE

Hiring Challenges

 

 

Meetings Outlook Archive

Choose a report from the dropdown and click the image to read the report.

 

 

Other MPI Publications

February/March 2024

The Meeting Professional