The Meetings Industry in 20 Years

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The Meetings Industry in 20 Years Trends and predictions in events, meetings, hospitality, and travel November 2015 Dan Berger | CEO | Social Tables

Transcript of The Meetings Industry in 20 Years

The Meetings Industry in 20 YearsTrends and predictions in events, meetings, hospitality, and travel

November 2015

Dan Berger | CEO | Social Tables

@danberger | #HX2015 | 2015

I am a participant. I am a planner. I am a believer.

@danberger | #HX2015 | 2015

@danberger | #HX2015 | 2015

@danberger | #HX2015 | 2015

Global trends and how they will impact our industry

@danberger | #HX2015 | 2015

6. Everything is a function space for meetings

and events.

7. Every industry is consolidating.

8. Traditional education is losing significance,

moving online, and becoming free.

9. Business models are changing to due to

increased competition.

10. Technology is seamlessly integrating into

our lives.

1. Time is the most valuable resource in

business.

2. Events are becoming a strategic marketing

product.

3. Software is eating the world.

4. We’re transitioning from bureaucratic

hierarchies to technology-driven networks.

5. The sharing economy is not slowing down.

10 global trends to be mindful of

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1. Time is the most valuable resource in business

Meeting planners will be more strategic than ever.

Meetings will be smaller and more intimate.

Source: US Bureau of Labor Statistics

The number of meeting planners will continue to rise.

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2. Events are becoming a strategic marketing product

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Live events will be an important source of revenue for the most

meaningful companies.

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Experiences will be more common and more expensive.

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3. Software is eating the world

The industry’s current processes as we know them will be obliterated.

Event logistics will be automated.

Group business will be booked mostly online.

Hotel sales people will become meeting consultants.

1990s 2010s 2030s

Most events will have a virtual audience.

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4. We’re transitioning from bureaucratic hierarchies to technology-driven networks

Content will be crowdsourced.

Our industry will be embrace transparency.

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5. The sharing economy is not slowing down

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Hotels will do mostly group business.

Everything planners need will be available on-demand.

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6. Everything is a function space for meetings and events

Meeting space will be more commoditized than ever.

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Events will mostly be indoors or under covered structures.

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7. Every industry is consolidating

Meeting and event planning companies will begin consolidation.

Source: IBISworld, USA Today

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8. Traditional education is losing significance, moving online, and becoming free

Workshops for exchanging knowledge will be the key component at meetings.

Meeting planning will be a more organized, respected,

and common practice.

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9. Business models are changing to due to increased competition

Event software will be free.

There will be a subscription model for events.

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10. Technology is seamlessly integrating into our lives

Networks at meetings and events will be a target for hackers.

Rooms will be setup automatically with robots.

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Connecting | Q&A

email: [email protected]

twitter: @danberger if you give me your card, I

can send you the slides!