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Welcome to the Summer 2023
Meetings Outlook Report
With the majority of survey respondents citing their business as already back to pre-pandemic levels and 80% labelling overall business conditions as “favorable,” the meeting and event landscape appears to be showing signs of normalization.
Business conditions
The percentage of respondents citing “favorable” business conditions over the next 12 months has declined for the third consecutive quarter. This is not necessarily a perilous finding, rather one that may suggest the industry is on a path to more normalized business conditions.
Hiring challenges
Over the past year, the percentage of respondents to say they’re finding it difficult to fill job vacancies has been slowly decreasing. While at first glance that trend appears to have stalled, the percentage of respondents to say they are not having difficulty filling open positions is the greatest it has been since introducing this question more than a year ago.
Sustainability taking root
A full 90% of respondents say that sustainability in their events is either very important or somewhat important, with a clear majority of planners and suppliers willing to spend at least 5% more to include sustainable options.
Meetings Outlook Archive
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Other MPI Publications
The Meeting Professional