M & E 2023 Trends
Rising costs
Rising demand for meetings
Limited availability for venues
What are the Main Challenges facing Meeting Planners in 2023?
This organization provides online solutions for events and surveys as well as a software platform that disrupts the traditional processes for the event planners who organize events and the venues that host them, creating more value for the entire events and meetings ecosystem.
What is Cvent?
A common clause found in a meetings contract. This clause addresses the "pick-up" value of rooms blocked and catering booked.
What is attrition?
These "types" of meetings have a variety of needs that can be satisfied by scheduling a gathering. Examples are: Board Meetings, Stockholder Meetings, Training Meetings, and Incentive Trips. In general, this type of meeting has required attendance and the meeting attendees do not pay for their own registration or amenities.
What is Corporate
This organization is about serving destination marketing professionals first and foremost. Together with our members and partners, it represents a powerful forward-thinking, collaborative association; exchanging bold ideas, connecting innovative people, and elevating tourism to its highest potential.
What is Destination International (DI)
This application creates the guidelines and manages the many different components of a meeting. (I.e., the data, forecast, spend etc.) It can create an objective that corresponds to the goals of the business.
What is Strategic Meetings Management (SMM)?
Founded in 1972, this association believes that meeting and event planners serve a critical role in the success of business and is committed to giving its members the very best in professional development, business opportunities and a vibrant industry community. The primary goal of this professional association is to provide its members, chapters and the global meeting and event community with innovative and relevant education, networking opportunities and business exchanges, and to act as a prominent voice for the promotion and growth of the industry.
What is Meeting Professionals International (MPI)?
When matching a meeting group with a venue, two important factors a planner needs to understand and consider are:
What are the physical characteristics and financial structure?
This "type" of meeting is generally a gathering of common purpose whether for professional, educational, social, etc. Generally, the attendees pay for their own registration and amenities for the meeting as well as membership dues. For this reason, the planning for this meeting type poses more marketing effort.
What is Association
The primary purpose of these organizations is to promote tourism, increase tourism, and attract more tourists to an area. When that purpose is achieved a community will benefit from more tourists, more tax revenues and the return on the investment (of tax dollars) will be greater than what was initially distributed.
What is DMOs (CVBs)
´Augmented and virtual reality
´Live streaming and simulive
Contactless check in
Event diagramming and digital floor plans
Event gamification
Wearable technology
Multiuse branded even apps
What is Event Tech Trends?
The vision of this organization is to be the global champion for event professionals and event industry excellence. It promotes high standards, best practices and professionalism in the events industry with the Certified Meeting Professional (CMP) program and signature program initiatives.
What is Events Industry Council (EIC)?
A gathering of 10 or more participants for a minimum of four hours in a contracted venue. Meeting types include conventions, conferences, trade shows and exhibitions, incentive events, and corporate/business meetings.
What is UNWTO definition "Meeting"
These are small associations of people attending specific types of meetings and the attendees tend to pay their own expenses and are very price-sensitive. They are usually less sensitive to seasonal dates and are good to book during "shoulder" seasons.
What is SMERFs
This tool is used to determine a client and/or attendees needs and expectations of a meeting
What is a needs analysis?
A term used "to describe the set of brain signals that appear when we are having extraordinary experiences, which sets them apart, making them more enjoyable."
What is Immersion?
EIC initiative to develop and implement industry-wide accepted practices to create and enhance efficiencies throughout the meetings, conventions, and exhibitions industry.
What is APEX?
This all-inclusive pricing strategy adopted by many conference centers is a price per attendee which includes rooming, food & beverage, refreshment breaks, meeting space, and audiovisual services.
What is a Complete Meeting Package (CMP)
These "types" of meetings are subject to many rules which include per-diem rates and accommodation restrictions. There is usually a short turnaround time for planned for these types of gatherings, they require a disproportionately large amount of meeting space relevant to hotel rooms and can require high security.
What is Government
This is a dedicated website that helps a meeting planner leverage the resources and expertise of a DMO sales professionals throughout the life of an event, including the initial stage of search or finishing up with the post-event analysis.
What is Mint?
Purpose-driven
Better local connections
Less environmental impact
Nutritionally minded options
What is Food & Beverage?
The lead time between when a meeting/event is booked and its scheduled date.
What is a booking window?
The primary goals of these organizations are:
1. Create awareness of their destinations
2. Feed the local economy by booking meetings and group business
3. Ensure that their destination remains competitive
What are DMOs?
A management tool for rewarding and motivating sales representatives, dealers, distributors, production workers, support staff, and in some cases, customers. The company rewards sales representatives who reach sales targets by sending them on trips.
What is Incentive Trip (Meeting)?
Provided by the EIC, this valuable report provides the details and activities of an event. A collection of these reports, over time, will provide the complete history of a recurring event. It is compelled by the primary event organizer of an event, in conjunction with the suppliers for that event, and filed with each venue and facility that was utilized.
What is Post-event Reports