expect to see a slight uptick in the budgets for 2013 overall, mainly due to the expectation of increased travel costs next year. Of the 149 respondents to a recent M&C
Research survey, 39 percent believe their meeting budgets will increase, while 41 percent said they expect no change. However, tight coffers remain a significant concern for the coming year, according to 65 percent of those polled. Domestic economy uncertainty is a key worry for 57 percent. Nevertheless, overall, 59 percent describe themselves as being optimistic about the coming year.
of meeting professionals expect more meeting attendees in 2013, while 39 percent anticipate no change and 17 percent expect attendee numbers to drop.25%
believe their organizations will hold more meetings next year; 58 percent say the number will remain the same.81%
expect the size of their meetings department to remain the same.65%
cite tight budgets among their greatest concerns with respect to next year's meetings.Source: M&C Research survey of 149 meeting planners