IMEX – Event management conglomerate, INCON, unveiled findings of its fourth annual survey of the global association conference market at the IMEX trade fair in Frankfurt.
The survey finds a definite drop in positive sentiment when compared with the 2010 and 2011 findings. Budgeting is identified as the number one trend impacting the association sector as conference budgets continue to be scrutinised and planners seek best value in negotiating the highest level of event income. INCON suppliers are reacting to market pressures on pricing to help partners confirm business, the report notes.
“It is interesting to see that trends identified in our surveys of previous years are being realised,’’ said Inge Hanser, INCON Co-Chair. ‘’The strong desire to move up the supply chain, central to the 2010 survey, is taking shape with a robust focus on consulting/strategic meeting management services both as an ongoing trend and also as the most popular description of the present value proposition of our partner companies,’’ added fellow Co-Chair, Roslyn McLeod.
INCON is a partnership of companies providing continuity in conference, event and destination management by combining global presence and local expertise. Operating from 160 destinations, the 10 INCON Partner companies employ 3,000 staff, annually organise 10,000 projects, serving three million delegates, procuring five million bed nights and managing budgets in excess of €1bn (US$1.3bn).
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INCON unveils survey of the global association conference market
