
Budget Woes Top List of Event Planners’ Biggest Challenges
Results from Convene’s 31st Annual Meetings Market Survey show that a dramatic increase in AV costs — plus rising fees from venues and hotels — are straining planners’ budgets.
Results from Convene’s 31st Annual Meetings Market Survey show that a dramatic increase in AV costs — plus rising fees from venues and hotels — are straining planners’ budgets.
Responses from business event organizers to the 31st Convene Meetings Market Survey reflect an acceptance of difficult market conditions, cautious optimism about the future, and above all, a sense of resilience.
We’ve changed things up this year with our Annual Industry Forecast to give you more pointed insights for what may lie ahead.
Respondents to our Meetings Market Survey — which we brought back after a COVID-induced break — shared that the post-COVID business environment brings a host of challenges that have yet to work themselves out. And they are feeling simultaneously anxious and excited about the future of the business events industry.
Going by the responses to Convene's 2020 Meetings Market Survey, the business events industry is on solid footing — which should help it better withstand the negative impacts of COVID-19.
According to responses to Convene’s 29th annual Meetings Market Survey, many organizations have changed how they collect and use participant data (attendee and/or exhibitor) relative to their events.
More than half of respondents to Convene’s 29th annual Meetings Market Survey said meeting planning is their primary job responsibility and 12 percent said it was a secondary job responsibility.
Respondents who complete the questionnaire for Convene's Meetings Market Survey and you will be entered into a random drawing for a complimentary registration to 2020 Convening Leaders in San Francisco, Jan. 5-8, worth up to $2,080.
Convene asked Meetings Market Survey respondents to share what’s causing them angst — and not surprisingly, they cited budget woes and escalating costs most often.
For many events industry strategists responding to Convene’s latest Meetings Market Survey, it’s a toss-up between a lack of time and a lack of budget. Here’s a look at other issues that made the list.
Respondents to this year's survey anticipate that they will have more attendees and exhibitors at their events this year vs. in 2018. It remains to be seen whether market forces will temper expectations.
Each year, meeting planners who are members of PCMA and an additional group of Convene meeting planner subscribers receive an extensive Meetings Market Survey, which requests proprietary information and budget projections for their organizations. Here are the characteristics of that sample.