Wednesday, May 8, 2013

Get your passports ready!

The business travel, meetings and events industry continues to evolve, and 2013 will likely reflect some significant shifts that will influence where, when and how we meet in the future.

Even though the economy has been sluggish for the industry 2013 looks promising.  Overall spending on business trips is predicted to grow 5.1% in 2013 and Group travel also on increase by as much as 6%, as more will be attending conventions and industry events.

So where are the up and coming locations for business events?  London, Shanghai and the Riviera Maya (Mexico) are likely to be top destinations for business meetings in their regions, according to the 2013 Global Meetings Forecast by American Express Meetings & Events. London should gain greater longer-term visibility by leveraging its Olympics legacy status to attract other major events and programs, starting this fall when Olympic Park will become available for private events. Other destinations that made the list include Las Vegas, Barcelona, Singapore and San Juan (Puerto Rico). Barcelona’s moderate winter climate and dedication to hospitality will always attract business travelers. And Singapore consistently appears as one of the top cities for international meetings, having a reputation for a high concentration of business and leisure activities. Other destinations on Business Travel Destinations’ watch list include (but are not limited to) Berlin, Madrid, Mexico City, New York City and Thailand.

Destination management companies (DMC) have grown from the ranks of ground transportation into their reputations today for serving as destination event experts, known for their ability to create unique experiences at unique venues. With the volume of destination information today, many meeting planners expect this, but are also requiring greater involvement from the DMCs they hire.

Business meetings and events will contribute to the growth of travel industry jobs.
Travel and tourism is one of the world’s largest industries, supporting 255 million jobs and generating 9% of the world’s GDP, according to the World Travel & Tourism Council (WTTC). Travel will to continue to expand annually between now and 2021.
Business travelers and meeting professionals will play a key role in that growth. In doing so the industry will gain greater recognition for its favorable economic impact on local communities and countries around the world.

AIBTM Chicago being held June 11-13 is for you to connect with many of the DMC’s and international suppliers to take you meetings and events to the next level. Visit their Website at for more details.

Join me next month as we discuss ~ What are the shifts in the Meetings Industry!

For additional tips and trends on creating impactful and profitable events, please connect with Ellegant Affairs by Juanita online on twitter @EllegantAffairs,  LinkedIn, Facebook, and of course on I-Meet.

Blog post sponsored in part by:

*AIBTM Chicago - June 11-13, 2013*
Join i-Meet at AIBTM as a Hosted Buyer in Chicago (June 11-13). Start your application today:


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