Developed in partnership with:
Optimism and excitement for in-person gatherings is holding strong and growing across multiple important metrics. While believing that the value proposition of meeting in-person has been fundamentally altered by the pandemic, networking opportunities may well be the biggest driving factor for event success this year.
Projected business conditions over the next year: second-highest “favorable” result we’ve had in the history of Meetings Outlook—only slightly surpassed by summer 2021 results. In fact, the majority of respondents anticipate business will be more than 10% better in the coming year.
10% of respondents claim their business is already back to levels they’ve not seen since 2019. On the other hand, 64% of respondents don’t expect business to reach that level until 2023 or later.
Employment trends are stable with a slight increase in hiring; fewer respondents expressed difficulty finding suitable staff, compared to the previous quarter. This is a potentially important shift in trajectory for this topic.