Frequency of business meetings will rise in 2013, claims report

A new report suggests that the frequency of business meetings across the globe will increase next year, reports conference-news.co.uk.

Meeting Professionals International’s (MPI) new Business Barometer study, which offers country and region specific meeting data for the US, Canada and Europe, believes an increase will happen worldwide in 2013.

The report predicts a 3.3 per cent increase in meetings in Canada, a 3.2 per cent increase in Europe and a 2.8 per cent increase in the US.

Furthermore, the study also estimated an increase in meeting budgets for 2013, with Canada predicted a one per cent rise. Europe was also predicted a 0.7 per cent rise and the US was predicted a one per cent rise.

Overall, the study projects good news for meeting venues across the globe as more and more senior executives, suppliers and meeting planners will get the chance to outline a company board meeting, a weekly catch-up or any other variety of business meeting in the future.

According to hotelnewsresource.com, the report also outlined the top 16 things suppliers want from technology in meetings and the top 16 things technology can give suppliers, though this is being kept under wraps for subscribers.

The Annual Business Barometer is designed to help senior executives plan 2013 budgets, as well as give meeting planners a ‘gauge’ of the industry’s 2013 directions.