Meetings and Events Industry News

D.C.'s convention business projections aren't looking good. As a political epicenter, dealing with how convention planners respond to politics is not new for the city but the current administration makes it a particularly tough sell.

Boom times for the meeting and events sector are disrupting the status quo, putting pressure on planners to do more with less. We are entering a period of unprecedented change for the industry.

Bringing Social Tables into the fold could be big for Cvent. Their complicated platform desperately needs some streamlining, and Social Tables has been among the best providing web-based solutions for event planners.

Cvent is working methodically to expand its offerings in the small meeting space by acquiring Kapow and now Social Tables. Social Tables found success streamlining obvious pain points for planners, which is something Cvent can learn from.

New research from Cvent shows that group business is declining for U.S. hotels, and planners are booking room blocks closer to the date of their event than before. This is bad news for hotels, which rely on group bookings to boost business.

Until recently, the meeting and event industry was playing a game of catch-up when it came to revenue management. But thanks to new available industry-specific tools, developing a well-executed revenue management strategy is a lot more attainable than it once was.

Everyone wants to have a "local" experience, and meeting and event attendees are no exception. Planners should look no further than Fort Worth for a destination that goes beyond the convention center.

There's a glut of information out there about global destinations. Planners, though, really need strong partners to help them craft successful events when the pressure is on.

Destinations need to provide more services to event planners in an extremely competitive marketplace. Despite the proliferation of online destination information, nothing beats a strong relationship between planners and destinations to help ease the stress felt by event professionals.

Event pricing strategy is a tricky business. Setting the right ticket price can ensure a sell out event. Conversely, if you price tickets too high or too low this can directly impact on final attendance numbers.