International Congress and Convention Association Impact of economy on your business 47 th ICCA...

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International Congress and Convention Association www.iccaworld.com Impact of economy on your business 47 th ICCA Congress & Exhibition International Congress & Convention Association

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Page 1: International Congress and Convention Association Impact of economy on your business 47 th ICCA Congress & Exhibition International Congress.

International Congress and Convention Association www.iccaworld.com

Impact of economy on your business

47th ICCA Congress & Exhibition

International Congress & Convention Association

Page 2: International Congress and Convention Association Impact of economy on your business 47 th ICCA Congress & Exhibition International Congress.

International Congress and Convention Association www.iccaworld.com

1. Has your business suffered any negative impact so far in 2008 as a result of the economic environment?

6.1 %

34.6 %

59.3 %

8.5 %

47.4 %44.1 %

0.0 %

10.0 %

20.0 %

30.0 %

40.0 %

50.0 %

60.0 %

70.0 %

Yes: significant Yes: slight No impact noticed

April '08

October '08

Page 3: International Congress and Convention Association Impact of economy on your business 47 th ICCA Congress & Exhibition International Congress.

International Congress and Convention Association www.iccaworld.com

2. Do you believe your business will have a stronger or weaker performance overall in 2008 than in 2007?

41.1 %

29.9 %31.4 %29.0 %

39.2 %

29.4 %

0.0 %

5.0 %

10.0 %

15.0 %

20.0 %

25.0 %

30.0 %

35.0 %

40.0 %

45.0 %

Stronger Weaker No significantchange fromprevious year

April '08

October '08

Page 4: International Congress and Convention Association Impact of economy on your business 47 th ICCA Congress & Exhibition International Congress.

International Congress and Convention Association www.iccaworld.com

3. Do you anticipate future negative impacts on your business for the year 2009?

19.5 %

58.1 %

22.4 %

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

Yes: Significant Yes: Slight No impact expected

Page 5: International Congress and Convention Association Impact of economy on your business 47 th ICCA Congress & Exhibition International Congress.

International Congress and Convention Association www.iccaworld.com

4. Are you planning to make cuts in your 2009 marketing budgets compared to 2008?

17.8 %

68.8 %

13.4 %

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

Yes No Don't know

Page 6: International Congress and Convention Association Impact of economy on your business 47 th ICCA Congress & Exhibition International Congress.

International Congress and Convention Association www.iccaworld.com

5.Do you believe your company will have to make staff cuts in 2009?

12.1 %

77.7 %

10.1 %

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

90.0%

Yes No Don't know

Page 7: International Congress and Convention Association Impact of economy on your business 47 th ICCA Congress & Exhibition International Congress.

International Congress and Convention Association www.iccaworld.com

6. What impact do you believe the current economic financial crisis will have on the meetings industry in general?

51.5 %50.2 %

3.2 %

35.5 %

5.6 %7.4 %

35.6 %

10.9 %

0.0 %

10.0 %

20.0 %

30.0 %

40.0 %

50.0 %

60.0 %

Significantnegative globalimpact for morethan 18 months

Significant short-term negative

global impact upto 18 months

Some regionalnegative impact

but no majorglobal impact

No significantimpact at all.

April '08

October '08

Page 8: International Congress and Convention Association Impact of economy on your business 47 th ICCA Congress & Exhibition International Congress.

International Congress and Convention Association www.iccaworld.com

Thank you!47th ICCA Congress & Exhibition

International Congress & Convention Association