IACC Future Meetings Barometer August 2022

Meeting Planner Statistics Confidence Levels

In June 2022 Cvent Business Insights reported that for the very first time Meeting RFP’s for the week of 22nd May 2022 surpassed 2019 levels for the corresponding week. This is a significant moment in the recovery, with RFP’s +10%. Encore Global have been conducting planner confidence surveys each quarter for the last year and in their summer 2022 report have surveyed 750 global meeting planners and made important comparisons to their March 2022 survey.

71% of planners are booking or sourcing new in-person or hybrid events

Figure 2. % of Planners Booking or Sourcing New Events Highest Since 2020

What is your current primary focus as its pertains to in-person or hybrid events?

55%

I am booking new events

I am actively sourcing new events with RFPs

16%

I am researching potential new events, but not ready for RFP I am not currently focused on in-person or hybrid events

16%

8%

I am re-scheduling on re-booking events

5%

Encore Global Summer 2022 Planner Pulse: More planners booking or sourcing new events than at any point since 2020. Planners focused on re-scheduling or re-booking is also at its lowest.

Figure 3. RFP Volume Exceeded 2019 Levels for Last Full Week of May

% Weekly Change in Americas RFP Volume, YTD May 2022 vs. 2019

10%

-10%

-18% -19%

-19% -21%

-20%

-21%

-22%-21%

-24%

-27%-27%

-28%-28%

-33%-32%

-35%

-37%

-42%

-50%

Wk of Jan 2

Wk of May 22

07

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