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 Meetings Trends Outlook '06...
October '06

Opinion: Online availability display in venues across the UK may be the answer to the ‘bookings-blocking’ phenomenon identified recently at the HBAA conference. This refers to the habit of agencies and corporate buyers to hold on to any number of provisional bookings in any number of hotels, and which is a situation made worse by the tardy release of such (selfish?, or at least self-interested) practice. LateMeetings.com provides the answer to such multiple ‘bookings’ where space is unlet, by offering a far wider choice of venues – instantly – within close proximity. Colour-coding also highlights space that is ‘under offer’.

Now for yet ten more emerging categories of meetings types:
· LunchMeet – timed for 11am until around 3pm, to include a working lunch, a shorter agenda, and less delay with traffic. Allows time in the office, too.
· SatNavMeet – the deliberate choice of out-of-the-way conference venues that are quieter and cheaper, but need a good navigation system to find easily!
· EthicalMeet – the selected venue has to have a good record for environmental responsibility, and adherence to sustainability practices.
· SmartMotorwayMeet – not all motorways feature three (or more) lanes of nose-to-tail traffic from 6am to 8pm. Some quieter examples facilitate speedy long-distance travel to a suitably private and good-value venue. Examples include (usually!), the M74, M180, M20, and more….
· EarlydoorsMeet – an event staged from 7am until, say, 11am in order to beat the traffic, get the agenda over with, and go back to the office to beat the opposition.
· GlobalwarmingMeet – the growing sense that winters are less severe (weather-wise) and hazardous (driving-wise) is leading to more events taking place in the months December to February, inclusive.
· DieselengineMeet – even though fuel prices remain relatively high, the increasing proportion of corporate cars using (more economical) diesel fuel is helping those venues that are further away.
· RyderCupMeet – the recent golfing triumph is prompting a boom in bookings for venues that have golf courses or can offer golf nearby.
· AshesMeet – the up-coming cricketing clash in Australia (November to early January) will attract bookings to the meetings facilities at cricket stadia (e.g. Old Trafford; Lord’s).
· CelebrityMeet – venues popular with celebrities are becoming more desirable because of the inferred glamour that arises (e.g. The Grove in Hertfordshire).

Note: the next edition of Outlook ’06 from www.meetingstrends.com will appear in December … looking ahead to 2007.

September 2006

Research by the IMEX exhibition has confirmed the trend towards the ever later booking of MICE events (say 58% of decision-makers in Europe, and 80% in North America), and has also identified key reasons. Amongst European buyers the main factors tend to relate to internal decision-making processes and the busyness of the individual concerned, plus considerations that reflect competitive pressures within respective markets. The momentum towards shorter-notice planning nevertheless seems unstoppable….

Meanwhile, ten additional categories of meetings types:

· After-hoursMeet – a quickie event near the office from 6-8pm to plan for the week/month ahead
· PerformanceMeet – deliberate emphasis on getting the most out of each delegate present by careful advance planning of their intended contribution
· SpeedMeet – as much an interview as a get-together, with the focus on senior managers talking one-to-one with each delegate
· IntegrationMeet – in the interests of bonding, the bringing together of two offices at a half-way point to ensure synchronised efforts
· Off-the-shelfMeet – doesn’t matter where it is, or which brand it is, ‘get me a venue for tomorrow ….’
· SmalltownMeet – the deliberate selection of a modest hotel in a small town destination in order to save money, ensure anonymity, and heighten the itinerary of the event
· ResortMeet – a seaside location for an end-of-summer thank-you meeting that combines business with informality
· MetropolitanMeet – the selection of a top cool city destination (e.g. Birmingham, Glasgow, Liverpool, Manchester, Newcastle) in order to underline the ambitious and youthful and energetic image of the company
· SpeakerMeet – a meeting that is largely inspirational – because a keynote speaker has been engaged
· FestiveMeet – choosing venues deliberately in the run-up to Christmas for a meeting that is part end-of-year assessment, part looking ahead, part treat

Note: The next edition of Outlook ’06 from www.meetingstrends.com will appear in October.

Previous Outlooks:

January 2006 - Click here to view

March 2006 - Click here to view

May 2006 - Click here to view


Further information: chrismartins@latemeetings.com
 
 
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Chris Martins
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chrismartins@latemeetings.com
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