by Sarah J.F. Braley | September 01, 2017

How much are planners spending on hotels? Which costs do they negotiate? These are among the insights revealed in M&C's second biennial Meeting Spend Survey.

Conducted online in July, the results came from 173 respondents, 37 percent of whom are association meeting planners and 34 percent corporate planners. The rest represent third-party firms (8 percent), independent planners (8 percent), educational institutions (2 percent), government entities (1 percent) and other organizations (10 percent).

Among highlights from this year's research:

 More than one-third (38 percent) of respondents have annual budgets of $1 million or more.

 Food costs are still taking a bite out of budgets, as planners allocate more money for food and beverage than for lodging.

 Planners are very hands-on in determining their annual budgets, as 27 percent establish the figures themselves, and another 47 percent are "very involved" in setting the annual budget.

The following charts offer a broader picture of our respondents' meeting spend.





















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