Optimism for meetings, cost vs sustainability, IBTM Association Leaders Forum, and more
This month’s news round-up brings you industry and association news and views from August 2024, including cost vs sustainability, cautious optimism for meetings, IBTM Association Leaders Forum, and more.
Cautious optimism for meetings, according to Skift Meetings
Skift Meetings has covered data from CoStar Analytics, Delottie, meeting intelligence provider Knowland, and Global Business Travel Association (GBTA) in a recent feature.
It’s positive news – in the first half of 2024, 21 of the
top 25 largest hotel markets had higher group demand for meetings than last
year.
Check out the optimism for meetings and outlook stats in full, here.
Cost vs sustainability: Which is more important in choosing venues?
M&C Asia has spoken to planners from the US, UK, and
Asia to explore these trends in greater depth. The conversation follows the
latest International Planner Sentiment Report 2024, published by The Business
of Events think tank, which stated cost considerations now dominate the
decision-making process for event buyers across the UK, Europe, and North
America.
Read the M&C Asia feature here.
Elevate NewGen takes aim at access
M&IT’s Paul Harvey caught up with Peter Kerwood and Evie
Manuel, the people behind Elevate NewGen, to find out about their mission to provide
equal access to the events industry for underrepresented talent aged 18-25.
“The biggest thing for the people on this programme is
educating them about the events industry, what the opportunities could be, and
then giving them the resources to be able to get into it.” – Evie Manuel
Read the inspirational full interview, here.
IBTM World 2024 to address global challenges at renowned Association Leaders Forum
IBTM World, the world-leading global trade show for the
meetings and events industry, has revealed the first details of its 2024 Association Leaders Forum, created in partnership
with ESAE (European
Society of Association Executives) and sponsored by Amsterdam Convention
Bureau.
The industry-leading programme will address practical and
strategic issues Associations face today, focussing on the need to balance
executive governance and risk management with innovating and adapting to global
challenges in order to build a thriving association industry of the future.
Taking place on day one, and tying into the theme for
IBTM World 2024 – People.Power.Potential, which will provide a platform to
explore and understand how people power can be enhanced by harnessing new
technologies – the forum will explore how to integrate AI in Associations’
strategic planning, and how to use the possibilities offered by digital tools
to make conferences and events more impactful, engaging and financially
sustainable, while continuing the commitment to establish a greener future.
The forum will also try to understand how to prevent
burnouts while equipping team members with the right tools and upskilling for
them to perform in an efficient and rewarding manner; explore how Associations
can prepare for a year of significant electoral shifts and provide insights
into how Association leaders can guide members and staff in navigating the
geopolitical environment.
Claudia Hall, IBTM World Exhibition Director, said: “We can’t wait for attendees to discover the exciting programme we have planned for them at this year’s Association Leaders Forum. At IBTM World, we strive above all else to always provide genuine value, and tangible take-homes, for delegates. This year’s Forum does just that, supporting association professionals to build an association sector that is not only at the forefront of advancement, but which prospers because of it.”
Find out more.
The Meetings Industry Association (MIA) has
unveiled the shortlist for its 2024 miaList
Now in its fourteenth year, the esteemed list recognises
inspiring individuals and teams who continually go the extra mile and play a
pivotal role in making their organisations so successful.
We’d like to say a huge congratulations to all the 2024 finalists! We know everyone has worked hard to get this far, and we wish everyone the best of luck. And here’s a special shout-out to our EDGE Venues+ members in the final:
Venue of the Year (Over 300 Delegates)
Venue of the Year (Under 300 Delegates)
You can view the full list of finalists here.
EDGE Venues CEO, Jacqui Kavanagh, joined speakers at this month’s Meetings Industry Association #SummerConnect event
Jacqui, a leading industry expert, joined Clarity Business
Travel’s Sharon Bannister, Hotel Football’s Jessica Southworth, and Edgbaston
Stadium’s Ros Wilson at The Belfry Hotel & Resort for lively discussion and
debate around current industry opportunities, trends, and challenges.
Speaking after the event, Jacqui commented: “From ESG initiatives to the evolution of hybrid events and addressing growing training needs, the speakers covered a lot of ground. It’s inspiring to see how our industry continues to innovate and adapt.”
Could Snoop Dogg’s role at the 2024 Paris Olympics inspire event planners?
Andrea Doyle at Skift Meetings certainly believes so! In one
of her most recent features for Skift, Andrea highlights how ‘an unconventional
celebrity can amplify an event’s impact and broaden its appeal’. And even if
you don’t have an Olympic-sized budget, ‘there’s plenty from that playbook for
meeting professionals to emulate.’
Read the feature here, including views from the industry, here.
View from the EDGE
EDGE Venues’ Commercial Director, Scott Ford, summed up this latest monthly Insights:
“August is often referred to as a ‘quiet month’ or ‘silly season’. While I can’t be sure how silly your August was, I’m betting it was anything but quiet!
“Here at EDGE Venues, August was very busy in many aspects, including tech development, client and venue engagement, and business opportunities via the platform. It is great to see the findings from Skift Meetings backing that up, highlighting that groups and events business was substantially higher in 21 of the top 25 meetings and events markets for the first half of 2024.
“As we move into September, we are heading at breakneck speed towards the awards season, and it’s great to see so many of our valued partners and venues being shortlisted in the highly acclaimed miaList this year. We are rooting for you all, and, of course, we will be very happy to help you celebrate!
“IBTM World 2024’s theme of People, Power and Potential really got me thinking. As an industry, meetings and events is surely all about helping to release potential through the power of people. Here at EDGE Venues we are dedicated to helping our various clients reach their full potential, be that venues, agencies or corporates through the power of our ever evolving technology all backed up by our highly experienced people. If you would like to learn more about how we could help you and your organisation please do contact me for an initial chat.”
Missed July’s news round-up? Check it out here!
Book your next meeting or event venue on EDGEVenues.com