IACC Future Meetings Barometer August 2022

Cvent reported that from meeting planners surveyed in June, over 70% of group buyers anticipated in person levels in 2022 to at least be the same or surpass 2019 levels. Only 29.4% predicted a decline against 2019.

Figure 4. Most Planners Expect In-Person Meetings at 2019+ Levels

How will the number in-person meetings you expect your organization to hold in 2022 compare to the number of in-person meetings held in 2019? (n=661) • Increase • Stay the Same • Decrease

29.4%

39.5%

31.1%

Source: Cvent 2022 Planner Sourcing Report: North America Edition

Meeting Booking Lead Times Lead times for groups are also falling into line with average lead times seen in 2019, with just over half of RFP’s being for the next 3 months and then longer term lead times beyond 6 months being at a similar level to 2019 booking patterns. Lead Times for Small to Medium Meetings Appear to Be Improving In Encore’s research planners indicate that lead times seem to be improving (extending), to a point where 43% of meetings up to 50 participants are booked 1-2 months prior and 27% 3-6 months prior.

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