15 Facts About Meetings and Conventions — Today and Tomorrow
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15 Facts About Meetings and Conventions — Today and Tomorrow From PCMA Convene’s 2012 Meetings Industry Forecast and 2012 Meetings Market Survey Christopher Durso | Executive Editor PCMA Convene, The Magazine of the Professional Convention Management Association
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A presentation for Convention Sales Professionals International's 2012 Annual Conference by Christopher Durso, executive editor of PCMA Convene magazine.
Transcript of 15 Facts About Meetings and Conventions — Today and Tomorrow
15 FactsAbout Meetings and Conventions —
Today and TomorrowFrom PCMA Convene’s 2012 Meetings Industry Forecast and 2012 Meetings Market Survey
Christopher Durso | Executive EditorPCMA Convene, The Magazine of the
Professional Convention Management Association
1.368 hotels with a total of 40,070 rooms
are projected to open in the United States this year.
In 2009, 1,316 hotels with a total of 147,498 rooms opened.
SOURCE: Lodging Econometrics
2. Top 5 U.S. Lodging MarketsBased on Occupancy (2011):
Oahu Island 80.7%New York City 79.5%San Francisco 79.2%Miami 77.0%Los Angeles 73.5%
SOURCE: STR
3. 60.5% of attendees at meetings held in hotel-based conference centers are locally based.
SOURCE: PKF Consulting
4. A total of $704 billion was spent on travel within and to the United States in 2010, producing $186 billion in payroll and $113 billion in tax receipts.
SOURCE: U.S. Travel Association
5. Top 5 U.S. Airports Based on Total Passengers (May 2011):Atlanta 3.97 millionChicago O’Hare 2.62 millionDallas/Ft. Worth 2.29 millionDenver 2.18 millionLos Angeles 2.10 million
SOURCE: Bureau of Transportation Statistics
6. Average Airfare (2010):Domestic International $231 $1,795
SOURCE: American Express Business Travel Monitor
7. Top 5 International Meeting Destinations:
SOURCE: Union of International Associations (UIA)
8. Top 5 Sites for Health-Care Meetings:
SOURCE: Health Care Exhibitors Association (HCEA)
9. Total Number of Association Meetings:2007: 9,0362008: 9,6102009: 9,2552010: 9,120
SOURCE: International Congress and Convention Association (ICCA)
10. Top 5 Subjects for International Meetings:
SOURCE: International Congress and Convention Association (ICCA)
11. 31% of planners organize more than 20 meetings a year.
SOURCE: PCMA Convene 2012 Meetings Market Survey
12. $1.27 million / $6.77 millionAverage size of an organization’s meetings budget vs. its total budget in 2011 (compared to $1.24 million / $6.93 million in 2010)
SOURCE: PCMA Convene 2012 Meetings Market Survey
13. 4,164Average attendance at an organization’s largest meeting in 2011 (down from 4,409 in 2010)
SOURCE: PCMA Convene Meetings Market Survey
14. $3.4 millionAverage value of an organization’s largest meeting to its host destination in 2011 (same as in 2010)
SOURCE: PCMA Convene 2012 Meetings Market Survey
15. 107,321 square feetAverage size of an organization’s largest exhibition (down from 110,995 square feet in 2010)
SOURCE: PCMA Convene 2012 Meetings Market Survey
