To Book or Not to Book? Planners Are Roughly Split on Hosting Meetings in 2009/2010

Meeting Planners Intentions Survey - PCMAHow many off-site meetings are you booking this year and next? According to a new survey of professional meeting planners conducted by the Professional Convention Management Association (PCMA), American Express and the Y Partnership, over half of planners say they expect the total number of meetings booked/hosted in 2009 and 2010 will increase (9 percent) or stay the same (47 percent). About 44 percent they expected the number to decrease.

What's behind the decrease? Nine in 10 planners said their meeting budgets were being cut due to "general economic conditions." One-third of planners said "image/publicity/public-policy considerations" were a reason they expect to book fewer meetings in 2009 and 2010.

"The insights revealed in this survey confirm what most in the industry have assumed to be true in recent months: The economy is the primary culprit for the challenges now facing the industry," PCMA President and CEO Deborah Sexton said in a statement. "But professional planners are clearly concerned about the image issues and negative rhetoric associated with hosting meetings as well."

blog comments powered by Disqus
Subscribe to our Monthly Newsletter
Receive updates on the latest trends, best practices, and strategies
to transform your meetings and events