As hoteliers evaluate their group business opportunities, a new meetings and events forecast from Amadeus, Salesforce, and Meeting Professionals International (MPI) combines forward-looking insights on the state of the industry from the perspectives of global experts. According to Amadeus’ Demand360® data, group travel is set for a strong conference season in Q4. Global group occupancy has consistently been within 1-2% of pre-pandemic levels as the conference sector has started to rebound in 2022. Amadeus data also shows that group bookings are now also starting to extend more confidently into 2023, with 48 million bookings already made globally for H1 2023 - a 16% increase over the same time in 2022. In the U.S., the number of Q3 2022 meetings and events increased by 190.5% over the same period last year, according to Knowland. Additionally, the average number of attendees for the third quarter was 116 compared to 81 for 2021, while the average square footage used was 2,953 per event, and square feet used per person was in line with 2019 levels at 25. Corporate gatherings accounted for the vast majority of events across the United States with some segments already recovered to 2019 levels. 75% of the corporate segments recovered at 80% or better through September. With such positive numbers surrounding the return of group travel, Amadeus sourced opinions from seven top global meeting, event, and hospitality authorities to better understand what’s driving gatherings now. Among the unifying themes is a new spirit of flexibility and experimentation between planners, their clients, and properties to design innovative and memorable experiences. Events are no longer all about business—instead, attendees expect a menu of additional activities to complete their stay, and a clear focus on sustainability. To read more from our industry experts, download the eBook “Industry Masters: The Future of Meetings & Events”. Amadeus makes the experience of travel better for everyone, everywhere by inspiring innovation, partnerships and responsibility to people, places and planet. Our technology powers the travel and tourism industry. Inspiring more open ways of working. More connected ways of thinking, centered around the traveler. Our open platform connects the global travel and hospitality ecosystem. From startups to big industry players and governments too. Together, redesigning the travel of tomorrow. We are working to make travel a force for social and environmental good. A collective responsibility to protect and improve the people and places we visit, ensuring travel continues to make positive contribution to our world. We apply innovation to meet new needs, to solve real challenges. Our truly diverse global workforce, made up of 150 nationalities, is passionate about travel and technology. We are an IBEX 35 company, listed on the Spanish Stock Exchange under AMS.MC. We have also been recognized by the Dow Jones Sustainability Index for the last 13 years. Amadeus. It's how travel works better. To find out more about Amadeus, visit www.amadeus-hospitality.com.
An explosion in pent-up demand for face-to-face experiences is driving a strong recovery for the meeting and event industry. Chris Meyer, CEO, George P. Johnson Experience Marketing Member, Meeting Professionals International (MPI) International Board of Directors
People’s expectations have changed—they no longer want to travel just to sit in presentations,
said Melanie Picard, Senior Director, AppExchange Partner Marketing, Salesforce. This shift in expectations has opened up a new world of possibilities that we can’t ignore.
Sustainability is about more than environmental issues,
says Mariela McIlwraith, Chief Sustainability Officer for the Events Industry Council Centre for Sustainability and Social Impact. It’s about the interrelationship of people, planet, and purpose and how our decisions affect each area.
Contact
Alison Guillot
Email: alison.guillot@amadeus.com
Organization
Amadeus Hospitality
https://www.amadeus-hospitality.com/
75 New Hampshire Avenue
USA
- Portsmouth, NH 03801
Tollfree: 888-829-8871
Phone: 1 603 436 7500
Email: info@amadeus-hospitality.com
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