US meeting market now looks stable
The US meetings market has reached a period where stabilized performance is expected for the next few years, according to a survey of meeting planners conducted by PKF Hospitality.
More than half of the planners in the survey or nearly 57% said their volume of meetings would be the same as last year.
A far greater percentage of planners, 80%, said 2006 exhibition/trade show activity would equal last year.
“Not only will the number of events planned for 2006 be roughly equal to 2005 levels, but the duration and geographic nature of the events will likely by the same,” said PKF.
Another healthy trend has been greater-than-expected attendance for recent events, the survey found.
The survey said that the US meetings market has now mirrored the domestic hotel industry in completing all phase of the business cycle from peak performance in the late 1990s to contraction in 2001 and the beginning of recovery and growth in 2004.
The survey included 163 meeting planners and was done on behalf of Convention South Magazine.
Report by David Wilkening
David
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
In Italy, the Meloni government congratulates itself for its tourism achievements
Singapore to forbid entry to undesirable travelers with new no-boarding directive