Results of an online survey conducted by Meeting Professionals International found that, while meeting planners and suppliers experienced an immediate negative impact due to last month’s terrorist attacks in the United States, the majority of business lost short-term is due to meeting postponements, not cancellations.
According to an MPI press release, some of the survey highlights include:
-Nearly 50 percent of planners responding expect meeting postponement without relocation
-24 percent of planners responding made no meeting cancellations
-20 percent of planners responding indicated some meetings would occur via video or teleconferencing
-49 percent of planners responding expected to cancel business worth between $25,000 and $500,000
-39 percent of planners responding predict up to a 20 percent decrease in unconfirmed future meeting expenditures (Q4 2001 and beyond), however 24 percent expect no decrease at all
Results of this and future surveys conducted by MPI will be used to develop content for a forum slated for MPI’s Professional Education Conference-North America, Jan. 20 – 22, 2001 in Honolulu, Hawaii.
For full coverage of the aftermath of 9/11, go to Meetingsnet 9/11 Special Report