12 December 2022, etc.venues Monument, London
Business Travel Show Europe, presented by The BTN
21 November, London Hilton Metropole
The number of business meetings in the UK is set to grow in 2008 despite fears of a recession, pressure to cut carbon emissions and the country's new corporate manslaughter act.
The HBI (formerly Hotel Brokers International) Meetings Industry Report 2008 said that 44% of those surveyed said they planned to hold more meetings with 31% saying they expected more people to attend.
30% also reported that they had had an increase in their meetings budget for 2008.
The meetings industry is worth £22bn a year in the UK.
The survey found that in 2007, 67% of all UK office workers attended at least one off-site meeting a week.
But HBI warned that the biggest challenges facing corporates were the health and safety laws, the pressure to use internal meeting rooms and the cost of hiring venues.
But 88% of those questioned said the market was "buoyant."
Others findings were that:* the use of specialist venues, like conference and training centres was growing although hotels were the most popular venue;* the average meeting lasted 1.7 days but the one day, face to face meeting was still the most popular.* The adoption of online booking for venues was still growing only slowly but only 10% of meetings space in the UK was bookable online;* More firms were judging the success of a meeting by its return on objective (ROO) rather than its return on investment (ROI) with only 10% of respondents citing the latter.
* HBI compiled this second annual report by gathering information from meetings organisations including the MIA, the BACD, the BDRC and through questionnaires to clients.