10/02/2024

Report: Meeting Planners Facing Cost Challenges

Despite bigger budgets, meeting planners still need to trim back

Meeting planners are still facing rising expenses and looking for creative ways to address them, according to a new report.

The Q3 2024 Meetings & Events Pulse Survey, released last month, was conducted from July through August by Global DMC Partners, a network of destination management companies, and included responses from meeting professionals from North America and Europe. 

Overall, respondents said they’ve benefited from larger budgets to do their work—39 percent say their budgets have increased in the past year. 

Please select this link to read the complete article from Associations Now.