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EIBTM meetings industry research analysis in Europe

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Industry research analysis in Europe. Meeting industry report

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Page 1: EIBTM meetings industry research analysis in Europe
Page 2: EIBTM meetings industry research analysis in Europe

©The Rig

Resea

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26 Europ

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ting events in

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yers

Page 3: EIBTM meetings industry research analysis in Europe

©The Rig

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erence venue

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Page 4: EIBTM meetings industry research analysis in Europe

©The Rig

Countrie

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those for

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ght Solution Lim

es with high

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hest volume

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Africa

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delegates trav

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10.8%

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om 13th Nove

e and value o

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nts in Europe

e months (as

he top ten an

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yers based i

of buyers ho

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(Middle East

r delegates a

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velling to eve

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ember 2013

of events

n Europe wa

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olding events

Perchold

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e also taking

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eld for the las

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uch higher po

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g large amou

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uyers here

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the countries

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514 Euros).

st twelve mo

Since last ye

osition.

vents, the res

.

nts of busine

pe as follows

n overleaf. It

s listed here t

iddle East, S

equent intern

% 3.2%4.4% 4.0

Next 1

Last 1

4

nths and

ear

sults

ess

s:

t is

the other

South

national

2.0%0% 3.6%

12 months

12 months

%

Page 5: EIBTM meetings industry research analysis in Europe

©The Right Solution Limited/eibtm.com 13th November 2013 5

air routes for meetings destinations and the increasing reach of marketing for events (with social

media impacting this as can be seen in later results in this report).

1. Germany

2. Spain

3. UK

4. Italy

5. France

6. Russia

7. Netherlands

8. USA

9. Belgium

10. Poland

Page 6: EIBTM meetings industry research analysis in Europe

InT

g

ndustry sectorsThe chart below ou

overnment/admin

57

utlines the top ind

nistration; oil/gas;

7.1%

46.3%

39.5%

3

73.1% 71.2%

55.8

ustry sectors for b

ICT/computing an

33.3%29.9% 27.9%

%51.9%

47.1%

41.3

both buyers and s

nd Science, all of

% 27.2% 27.2% 26.5%

3%37.5%

41.3%

26

suppliers revealing

which produce m

%23.1% 22.4% 22.1

6.9%

34.6% 35.6%

1

g slight variations

ore events for sup

1% 20.1% 20.1% 18.9.2%

36.5%

25.0%

when it comes to

ppliers than buyer

.4% 18.4%15.3% 14

39.4%

29.8%

19.2%

o training/educatio

rs. .

4.3% 12.6%10.2%

%14.4%

5.8%

22.1%

on;

7.8% 7.1% 5.4%

%17.3%

13.5%10.6

Buyers

Suppliers

6%

Page 7: EIBTM meetings industry research analysis in Europe

©The Rig

Size of e

The cha

delegate

It is enco

numbers

experien

numbers

to be lim

Market c Europea

Europe w

decrease

twelve m

increase

changes

Indicate

Number

Number

1

3

50

100

ght Solution Lim

events- num

rt below show

es than large

ouraging to n

s over the las

nced fewer at

s of events a

mited to those

conditions

an buyers def

will increase

e. This incre

months. Howe

es for the nex

s reported by

how the follo

of events in

of events in

2 ‐ 10

11 ‐ 25

26 ‐ 50

51 ‐ 100

101 ‐ 300

301 ‐ 500

01 ‐ 1000

01 ‐ 2000

2001 +

mited 13th No

mber of atten

ws the differ

r numbers. T

note that 21%

st twelve mo

ttendees at t

re being org

e who really n

finitely appea

in the next 1

ased to 57%

ever this opt

xt year. Desp

y buyers were

owing will or

the LAST 12

the NEXT 1

2.9%

3.9%

3.9%

1.0%

3.9%

3.7%

3.7%

0.6%

3.1%

ovember 2013

ndees

rent size of e

The average

% of global b

nths, 65% sa

their events.

anised witho

need to atten

ar more optim

12 months, 3

% who are pre

imism is not

pite this, for t

e +2% for las

have change

2 months

2 months

8.8%

%

%

%

8.1%

8.1%

vents being

size for all r

uyers had ex

aid numbers

For many, p

out matched

nd.

mistic. 54% s

36% said it w

edicting an in

so strong fo

those who ha

st year and a

ed for your e

Increase

44.8%56.6%

EIB

organised w

espondents

xperienced in

were the sa

particularly at

increased bu

said confere

will stay the sa

ncrease for th

r budgets, w

ad reported c

average forec

events in Eur

e

4

3

BTM Meetings

with many mo

was 136 atte

ncreases in E

me and only

t corporate e

udgets, deleg

nce and eve

ame and 10%

heir own eve

with 39% pred

changes in b

cast for next

rope

Same

41.6%

36.5%

21.6%23.0%

24.2%

25

European b

Global buy

Industry Rese

ore for up to 3

endees.

European att

y 14% of buy

events, when

gate number

ents business

% said it will

ents in the ne

dicting budge

budgets, the a

t year is +9.4

Decrea

13.6%

6.9%

26.5%

27.5%

%

.5%

buyers

ers

earch 2013

7

300

tendee

ers had

higher

rs have

s in

ext

et

average

4%.

ase

%

%

Page 8: EIBTM meetings industry research analysis in Europe

©The Rig

Budget c

Budget c

Buyers v

destinati

Marketin

New tec

Attendan

Attendee

Use of n

Key fact

It is inter

service i

demand

levels. C

see whic

campaig

Inte

Ma

ght Solution Lim

change LAST

change NEX

views of chan

ions and new

ng and promo

hnology sha

nce numbers

es from outsi

new destinati

tors influen

resting to see

s considered

ed of those b

Compliance w

ch factors are

gns not consi

CComp

ernal/externa

Conve

arketing cam

Technical

mited 13th No

T 12 months

XT 12 months

nge for a ran

w technology

otional budge

ping event c

s at your eve

ide host cou

ons for even

cing venue

e that beyon

d an importa

budgets, it is

with industry

e least impor

idered impor

Locatio

PrAcce

Capacity of cpliance with y

C

Quality of c

al perceptions

Relations

Staff aQ

ntion bureauPrevious e

Dedicatepaign that ca

capability an

ovember 2013

s

s

nge of issues

y shaping eve

ets

ontent

ents

ntry

nts

and destina

d the primary

nt factor. Wh

s challenging

criteria is als

rtant with rec

rtant.

on (area of cQuality of

ice/value for ess (road, raconference fyour industry

Quality Cleanliness of

Freconference f

Avas of the venu

Leisure fship with ven

Repawareness ofQuality of bedu as an intermexperience ofed technical saught your at

Recognisednd expertise

35.7%

38.5%

s affecting the

ent content s

Increase

27.6%

62.2%31.5%

26.6%

57.6%

ation selecti

y factors of lo

hen budgets

for venues a

so rated as a

cognised bra

0.0.0.0.

country)servicemoney

ail links)facilitiescriteriaof foodf venueee WiFifacilitiesailabilityue/dest.facilitiesue staffputationf needsdroomsmediaryf venuesupportttentiond brandof staff

EIB

3

4

eir events ar

showing high

e

53

553

ion

ocation and

are limited a

and suppliers

a high priority

ands, technic

151515151515

10.5%5.3%5.3%

.0%

.0%

.0%

.0%

BTM Meetings

37.2%

47.2%

re shown bel

hest increase

Same

53.7%33.2%

52.3%56.1%35.5%

price/value f

and increasin

s to provide

y. It is also m

cal expertise,

31313131

21.1%21.1%21.1%

5.8%5.8%5.8%5.8%5.8%5.8%

%

Industry Rese

27.1%

14.3%

ow with use

es.

Decrea

18.7%

4.6%

16.2%

17.3%

6.9%

for money, q

ngly more is b

the expected

most interesti

and market

.6%

.6%

.6%

.6%

European bu

earch 2013

8

%

%

of new

ase

%

%

%

%

%

uality of

being

d service

ng to

ing

57.9%52.6%

uyers

73.7%

Page 9: EIBTM meetings industry research analysis in Europe

EIBTM Meetings Industry Research 2013

©The Right Solution Limited 13th November 2013 9

Satisfaction levels with venues

When asked to rate satisfaction with a range of factors at the European venues they used during the

last twelve months, buyers’ responses rating Very Good were as follows, clearly indicating room for

improvement in many areas including free Wi-Fi, service and food. There is a clear parallel between

many factors rated as important during the selection process and those causing dissatisfaction as

shown below.

Factor Percentage rating Very Good

Standard of bedrooms 52%

Standard of conference facilities 52%

Staff understanding of organiser and delegate needs 50%

A/v equipment, technical facilities & support 43%

Food quality & catering standards 32%

Standards and speed of service 30%

Availability of free Wi Fi 27%

Recent trends and effects on events The effects of new technology are being widely felt throughout the meetings industry and investigating

how this and other recent trends are affecting events produced the following key results:

• 49% of buyers think risk assessments and/or compliance issues are increasing costs.

• 46% of buyers think new technologies are adding creative options for events but are also

increasing costs

• 52% think using social media during the meeting is improving audience engagement

• 48% think using social media increases attendance and 36% think it improves audience

engagement

• 47% think Health and Safety factors are increasing costs

• 41% think the need to demonstrate ROI for events is saving money

• 49% said online content extending audience reach was saving money and 46% said making it

available online after the meeting was improving audience engagement

• 43% think a less formal approach with delegates driving content on the day is saving money,

32% think it is improving audience engagement and 34% think it is increasing attendance

• 42% think networking taking priority over content is saving money yet only 35% think it is

improving audience engagement and 30% think it is increasing attendance.

New technologies

The chart overleaf reveals the high use of new technologies and forms of communications with 91% of

buyers using email/mailchimp or icontact, 65% using social media to communicate before, during and

Page 10: EIBTM meetings industry research analysis in Europe

©The Rig

after me

smartpho

apps and

meeting

Electron

(Source:

The mos

different

Buyers’

SoSma

EleVirtual

ght Solution Lim

etings and 3

ones or table

d 26% QR co

and 32% aft

ic RFP produ

: AIBTM rese

st popular so

uses shown

Use of Tec

Emailcial media to

artphones / taApps for p

Web based Web based

QR codesVirtual meet

Cloud cectronic RFPmeetings insLocation aw

mited 13th No

32% using SM

ets to provide

odes, 31% a

ter the meeti

ucts are bein

earch) althou

ocial media a

n below.

hnology

, including Mo communicaablets handeproviding del

access to coaccess to coAudience r

s (specific maings in additcomputing toP products e.stead of faceware software

ovember 2013

MS to help w

e delegates w

are providing

ng.

ng used by 1

ugh this is an

are Facebook

Mailchimp/iCoate before/ ded out for delelegate inform

onference coonference coresponse sysatrix barcodeion to face too assist with .g. Starcite, Ce to face meee e.g. Foursq

CrowdsouHolog

with organisat

with informat

web based

3% of buyer

n increase on

k, Twitter, Yo

4

ontacturing/ …egate …

mationSMS

ontent …ontent …stemses) for …o face …event …Cventetingsquareurcinggrams

EIB

tion of event

tion during th

access to co

rs in Europe

n the 10% wh

ouTube and

22

21.212.8%

10.8%9.9%

5.9%4.4%

BTM Meetings

ts. 42% are

he conferenc

onference co

compared to

ho were usin

Linked In w

41.931.5%31.5%31.5%31.0%

27.1%26.1%26.1%2%

Industry Rese

handing out

ce with 32%

ntent during

o 38% in the

ng them last y

with ratings of

65.9%

earch 2013

10

using

the

US

year.

f

90.6%

.0%

%

Page 11: EIBTM meetings industry research analysis in Europe

©The Rig

Buyers’

Suppli

Supplier

Howeve

pleasant

of new d

Indicate

Eve

Eve

Clie

Clie

NEX

Mar

Bud

Use

ght Solution Lim

Use of Socia

ers' result

rs were also

r only 23% th

tly surprised

destinations,

how the follo

ents hosted i

ents hosted i

ents' Budget

ents' Budget

XT 12 month

rketing and p

dgets for indi

e of new des

mited 13th No

al Media

ts - marke

optimistic ab

hink that bud

if budgets in

possibly to t

owing will or

n the LAST 1

n the NEXT

change LAS

change NEX

hs

promotional b

vidual event

tinations for

Do not use

ovember 2013

et conditio

bout the volu

dgets will inc

ncrease acco

ry and stretc

have change

12 months

12 months

ST 12 months

XT 12 month

budgets

ts

events

Faceboo

Linked In

Twitte

Google+

YouTube

social media

Pinteres

Othe

Redd

Digg

ons

me of events

rease in the

ording to buy

ch budgets fu

ed for your e

In

5

6

s 1

s 2

In

2

2

5

7.9%

5.2%

0.4%

0.0%

k

n

er

+

e

a

st

er

it

g

EIB

s increasing

next twelve

yers predictio

urther.

events in Eur

crease

51.3%

66.2%

13.2%

23.0%

crease

23.9%

25.4%

56.9%

28.4%

26.6%

21.0%

%

BTM Meetings

in the next tw

months so p

ons! Interestin

rope

Same

32.9%

27.0%

42.1%

62.2%

Same

39.4% 43.7%

30.8%

55.0

41.9%

%

%

Europebuyers

Industry Rese

welve month

perhaps they

ngly 57% pre

Dec

15

8

44

17

Dec

36

31

12

74.7%

0%

ean s

earch 2013

11

hs.

will be

edict use

crease

5.8%

.1% 4.7%

7.6%

crease

6.6%

1.0%

2.3%

%

Page 12: EIBTM meetings industry research analysis in Europe

©The Rig

For the f

12 mont

was still

• A

• C

Supplie

Supplie

There ap

Wi-Fi. 81

dissatisf

New tec

Using

The

N

U

Ma

Onl

Less fo

ght Solution Lim

first time in re

hs was not th

mentioned f

Adding value

Relationship

Clients havin

Demonstrati

rs' results -

rs' results -

ppears to be

1% of Europe

faction for bu

chnologies ae

g social mediinterest be

e need to de

Networking ta

Using social m

aking content

ine content e

ormal approaconten

mited 13th No

ecent years t

he Global ec

for some cou

e for clients,

ps (with client

ng confidenc

ng ROI.

trends affec

Use of tech

a disconnec

ean supplier

uyers.

dding creativevents

a to raise awefore the me

monstrate R

aking priority

media during(twitter etc)

t available onmeeting

extending au

ach with delent on the day

ovember 2013

the issue tha

conomy, a su

untries. The m

careful mana

ts) built on tr

ce in events a

cting the ma

nology

ct between s

rs say they a

ve options fo

wareness andeeting

ROI for events

y over conten

g the meeting

nline after the

udience reach

egates drivingy

at will most im

ure sign of re

most frequen

agement of c

rust and exce

as effective p

arket

uppliers and

re providing

or

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s

nt

g

e

h

g

EIB

mpact their c

eturning conf

ntly listed issu

costs

ellent service

part of their m

buyers whe

it yet the lac

33

30.3

28.8%

22.7%

BTM Meetings

conference b

fidence, altho

ues were as

e

marketing mi

n it comes to

ck of it is a ca

53.0%

43.9%

42.4%

40.9%

.3%

3%

%

Industry Rese

usiness in th

ough politica

follows:

x

o availability

ause of

%

earch 2013

12

he next

l stability

of Free

Page 13: EIBTM meetings industry research analysis in Europe

©The Rig

Supplie

QR

Loc

ght Solution Lim

rs' results -

Social me

Apps for

Aud

R codes (spe

cation aware

Electronic R

mited 13th No

use of soci

edia to comm

r providing cl

dience respo

ecific matrix

Virt

Clou

software e.g

Cro

RFP product

Don't use

Other (ple

ovember 2013

al media

Free Wif

municate with

lient/delegate

onse systems

barcodes) fo

tual meetings

ud computing

Cven

g. Foursquare

owd sourcing

ts eg Starcite

Holograms

Faceboo

Twitte

Linked In

YouTube

Google+

Pinteres

social media

ease specify

Redd

Digg

9.4

9.4

7.8%

4.7%

3.1%

3.1%

fi

h …

e …

s

or …

s

g

nt

e

g

e, …

s

1

2.9%

2.9%

1.5%

0.0%

k

er

n

e

+

st

a

y)

it

g

EIB

32.

23.4%

23.4%

20.3%

4%

4%

%

25.0%

3.2%

BTM Meetings

42.2%

8%

57

Industry Rese

81

8

72.1%

67.6%

7.4%

earch 2013

13

.3%

85.3%