IACC Meeting Room of the Future November 22

Approximately half of respondents expect to recover to at least 70% of their pre-pandemic meetings volume levels in 2022

Figure 1: Projected 2022 meetings/business event volume levels compared to 2019

0-10%

2%

11-20%

3%

6%

21-30%

10%

31-40%

11%

41-50%

7%

51-60%

10%

61-70%

16%

71-80%

81-90%

10%

10%

91-100%

13%

Over 100%

Levels of recovery differ by the operating model of the venue, with marketed venues likely to have shown a higher recovery in volume levels than non-marketed private venues. Approximately 40% of marketed venues report booking volumes at more than 80% of their 2019 volume, while 15% have surpassed pre-pandemic levels. In comparison, none of the non-marketed venues expect to reach above an 80% recovery in events volume this year.

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