by Sarah J. F. Braley | September 01, 2016

The summer release of Meeting Professionals International's Outlook Report, a quarterly survey of senior-level meeting planners and suppliers, shows the meetings industry still enjoying comfortable business conditions, although the number anticipating a good end to the year dropped by 7 percentage points from the previous report. Of those surveyed recently, 63 percent predict favorable business conditions for the rest of the year, down from 70 percent in the spring report. The number of those who said their meeting budgets will rise over the next 12 months also declined, from 59 percent in the spring to 54 percent this summer, with 29 percent expecting their budgets to be flat and 18 percent anticipating their budgets will decrease. To see the full report, go to here.