15 Facts About Meetings and Conventions — Today and Tomorrow

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A presentation for Convention Sales Professionals International's 2012 Annual Conference by Christopher Durso, executive editor of PCMA Convene magazine.

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15 Facts About Meetings and Conventions — Today and Tomorrow

  1. 1. 15 Facts About Meetings and Conventions — Today and TomorrowFrom 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
  2. 2. 1. 368 hotels with a total of 40,070 roomsare 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
  3. 3. 2. Top 5 U.S. Lodging Markets Based 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
  4. 4. 3. 60.5% of attendees at meetingsheld in hotel-based conference centersare locally based. SOURCE: PKF Consulting
  5. 5. 4. A total of $704 billion was spent ontravel within and to the United States in2010, producing $186 billion in payrolland $113 billion in tax receipts. SOURCE: U.S. Travel Association
  6. 6. 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
  7. 7. 6. Average Airfare (2010):Domestic International$231 $1,795 SOURCE: American Express Business Travel Monitor
  8. 8. 7. Top 5 International Meeting Destinations: SOURCE: Union of International Associations (UIA)
  9. 9. 8. Top 5 Sites for Health-Care Meetings: SOURCE: Health Care Exhibitors Association (HCEA)
  10. 10. 9. Total Number of Association Meetings: 2007: 9,036 2008: 9,610 2009: 9,255 2010: 9,120 SOURCE: International Congress and Convention Association (ICCA)
  11. 11. 10. Top 5 Subjects forInternational Meetings:SOURCE: International Congress and Convention Association (ICCA)
  12. 12. 11. 31% of planners organize more than 20meetings a year. SOURCE: PCMA Convene 2012 Meetings Market Survey
  13. 13. 12. $1.27 million / $6.77 millionAverage size of an organization’s meetings budgetvs. its total budget in 2011 (compared to $1.24million / $6.93 million in 2010) SOURCE: PCMA Convene 2012 Meetings Market Survey
  14. 14. 13. 4,164Average attendance at an organization’s largestmeeting in 2011 (down from 4,409 in 2010) SOURCE: PCMA Convene Meetings Market Survey
  15. 15. 14. $3.4 millionAverage value of an organization’s largest meetingto its host destination in 2011 (same as in 2010) SOURCE: PCMA Convene 2012 Meetings Market Survey
  16. 16. 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

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