Ouch. A study of 1,000 event planners in the UK found that 53% were running fewer events and 51% said their planning budgets had been cut.
Isn't it funny how things work? Just as competition for attendees gets tougher, we face the need for budget cuts. And if we cut the wrong things (those things that improve experience) we're left with fewer attendees. Vicious, isn't it?
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What Not to Do in a Poor Economy for Meetings
Earlier this morning, I noted a study about the sad state of the events economy. Then I came across this list from Unique Venues of what NOT to do when the meetings industry goes from a seller’s market to a buyer’s market.
What Not to Do in a Poor Economy for Meetings
Earlier this morning, I noted a study about the sad state of the events economy. Then I came across this list from Unique Venues of what NOT to do when the meetings industry goes from a seller’s market to a buyer’s market.