International Congress & Convention Association




Impact of economy on your
business
47th ICCA Congress & Exhibition



...
1. Has your business suffered
any negative impact so far in
2008 as a result of the
economic environment?
70.0 %

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


 45.0 %   41.1 ...
3. Do you anticipate future
negative impacts on your
business for the year 2009?
 70.0%

                                 ...
4. Are you planning to make
cuts in your 2009 marketing
budgets compared to 2008?
 80.0%

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

90.0%
                                 77.7 %
80.0%

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


60.0 ...
International Congress & Convention Association




Thank you!
47th ICCA Congress & Exhibition




International Congress ...
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  1. 1. International Congress & Convention Association Impact of economy on your business 47th ICCA Congress & Exhibition International Congress and Convention Association www.iccaworld.com
  2. 2. 1. Has your business suffered any negative impact so far in 2008 as a result of the economic environment? 70.0 % 59.3 % 60.0 % 50.0 % 47.4 % 44.1 % 40.0 % 34.6 % April '08 October '08 30.0 % 20.0 % 8.5 % 10.0 % 6.1 % 0.0 % Yes: significant Yes: slight No impact noticed International Congress and Convention Association www.iccaworld.com
  3. 3. 2. Do you believe your business will have a stronger or weaker performance overall in 2008 than in 2007? 45.0 % 41.1 % 39.2 % 40.0 % 35.0 % 31.4 % 29.0 % 29.9 % 29.4 % 30.0 % 25.0 % April '08 20.0 % October '08 15.0 % 10.0 % 5.0 % 0.0 % Stronger Weaker No significant change from previous year International Congress and Convention Association www.iccaworld.com
  4. 4. 3. Do you anticipate future negative impacts on your business for the year 2009? 70.0% 58.1 % 60.0% 50.0% 40.0% 30.0% 22.4 % 19.5 % 20.0% 10.0% 0.0% Yes: Significant Yes: Slight No impact expected International Congress and Convention Association www.iccaworld.com
  5. 5. 4. Are you planning to make cuts in your 2009 marketing budgets compared to 2008? 80.0% 68.8 % 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 17.8 % 13.4 % 10.0% 0.0% Yes No Don't know International Congress and Convention Association www.iccaworld.com
  6. 6. 5.Do you believe your company will have to make staff cuts in 2009? 90.0% 77.7 % 80.0% 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 12.1 % 10.1 % 10.0% 0.0% Yes No Don't know International Congress and Convention Association www.iccaworld.com
  7. 7. 6. What impact do you believe the current economic financial crisis will have on the meetings industry in general? 60.0 % 50.2 % 51.5 % 50.0 % 35.5 % 35.6 % 40.0 % April '08 30.0 % October '08 20.0 % 7.4 % 10.9 % 10.0 % 5.6 % 3.2 % 0.0 % Significant Significant short- Some regional No significant negative global term negative negative impact impact at all. impact for more global impact up but no major than 18 months to 18 months global impact International Congress and Convention Association www.iccaworld.com
  8. 8. International Congress & Convention Association Thank you! 47th ICCA Congress & Exhibition International Congress and Convention Association www.iccaworld.com
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