Operations

Survey Says Business Meetings Will Boom In 2008

LCT Staff
Posted on February 27, 2008

DALLAS — Despite their expectation that the economy will slow, corporate planners predicted a 27% rise in spending in 2008, according to the "FutureWatch 2008" study. The predictions were made as part of an annual outlook put together by Meeting Professionals International and American Express. In addition to finding that more will be spent on meetings, the study also found that interest in webcasts and other complements to live meetings will rise but will not displace "face-to-face" meetings, according to a news release. "FutureWatch 2008 is further evidence that there's no substitute for the power of human connections through live interaction," said Bruce MacMillan, president and CEO of MPI.

Source: TravelMole.com

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