One + March/April 2011 - (Page 28)

THE BUSINESS BAROMETER In barometer interviews, you said >> INSIDE THE FEBRUARY 2011 Dec 09 Feb 10 //////////////////////////////////////////////////// We see supply and demand issues—less availability and higher costs. A return to somewhat normal meeting planning will increase our bookings and yearly performance. While the economy continues to improve worldwide, rising costs will start to affect meetings and events. Look for more business and higher prices as the economy perks up and meetings enjoy a muchdeserved comeback. The February 2011 MPI Business Barometer reveals, among other findings, that nearly 70 percent of respondents are seeing a positive improvement in their meetings business. And as meetings spend increases, respondents are seeing costs for accommodations, food and beverage and airfares grow. Hotel responses to RFPs are becoming slower and slower now that the economy is turning around. 51% 43% % Current Business Conditions compared to the previous year Favorable Flat Negative 31% 30% 27% 7 19% 19% /////////////////////////////////////////////////////////////////////////////////////////////////// Which types of meetings are growing the most? What predications are your peers making for the near future? Read the complete Business Barometer at for these answers and more! How has your meetings spend changed, compared to a year ago? How does your organization’s meetings business compare to one year ago? 40% Increase 68% Increase 20% Decrease 16% Decrease 40% No Change 16% No Change 28 one+ 03 / 0 4.11

Table of Contents for the Digital Edition of One + March/April 2011

One + March/april 2011
Energy of Many
Ultimate Fail
Ask the Experts
Wonders, Man
Business Is Back
Top Spots
Fail vs. Fail
Long Distance Sportsmanship
The Conference Is Not About You
Eat, Play, Love
Fantastic Fit
Where Tomorrow Happens
Middle Kingdom Come
All Together Now
Economic Impact Study
The Truth of Tech
The Social Networker
Super Wi-Fi Is Coming
The Kitchen Sink
@ Your Service
Your Community
Making a Difference
Until We Meet Again
MPI's 2011 Meeting Guide to Colorado

One + March/April 2011