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Roger Rickard Knowledge Spending Networking Relationships - - PowerPoint PPT Presentation
Roger Rickard Knowledge Spending Networking Relationships - - PowerPoint PPT Presentation
Roger Rickard Knowledge Spending Networking Relationships Revenue Education CMOs of Fortune 1000 Top Headlines Attendance levels - increasing. Spending per meeting continues to grow. Greatest increases - corporate and
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CMO’s of Fortune 1000
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Top Headlines
- Attendance levels - increasing.
- Spending per meeting continues to grow.
- Greatest increases - corporate and association.
- Greatest decline - government.
- Business conditions for meetings continue to
improve worldwide.
- Fear of impact from rising fuel prices and airfares.
MPI Business Barometer
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Meetings Mean Spending Meetings Mean Jobs Meetings Mean Revenue Meetings Mean Education Meetings Mean Business Meetings Mean Handshakes
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Methodology
- PricewaterhouseCoopers, PwC US
- Two key areas of research
– Primary Data thru Surveys, 6,000 received – Research of Industry, government and proprietary
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Meetings Definition
- United Nations World Tourism Organization’s
(UNWTO)
– Ten (10) or more people – Four (4) hours or longer – Offsite
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www.meetingsmeanbusiness.com
Meetings Mean Jobs
- 1.7 Million Direct Jobs
- 4.6 Million Support Jobs
- More jobs than:
- Broadcasting & communications (1.3M)
- Truck & Rail Transportation (1.5M)
- Computer & Electronic Man. (1.1M)
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www.meetingsmeanbusiness.com
Meetings Mean Education
- 1.8M Meetings & Events
- 205M Delegates & Exhibitors
- Largest provider of Adult Education
- Job Training
- Sales Revenue – attracting buyers
- Relationships
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www.meetingsmeanbusiness.com
Meetings Mean Revenue
- $263 Billion Direct Spending
- $106 Billion Share of GDP
- US Auto Manufacturing ($78B)
- Information & Data Processing ($76B)
- Performing Arts/Sports/Museums ($71B)
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www.meetingsmeanbusiness.com
Meetings Mean Business
- Total Economic Output: $907B
- 6.3M Jobs
- $271B Labor Income
- $64B Federal Tax Revenue
- $46B State & Local Tax
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Meeting Related Taxes
$110B annually $301M daily $12.5M hourly $208K minute
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- Economic Engine
- Major Tax Generator
- Infrastructure
Created for Visitor
- Success of Other
Businesses
- Global Brand for the
Destination
A Great Story to Tell
@rogerrickard
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Roger Rickard
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@rogerrickard
- AIBTM
- Easy to do business
- Product is key to success