Costs Rise With Expectations for the Event Sector
Photo Credit: An overview of the Refresh Conference 2018 in DOT Groningen. Flickr / Mark Vletter
Skift Take
Planners expect 2019 to be another tough year, with more commission cuts and increased expenses on the horizon. Succeeding will require doing more with less and getting creative about crafting killer events with a smaller bankroll.
As the event sector gears up for 2019, higher costs and increased expectations are on the horizon.
The latest research from American Express Meetings & Events suggests that corporations are going to continue reining in spending on events even as they demand more creative meetings.
There are plenty of takeaways on the intersection of meetings and technology, particularly that systems intended to streamline operations end up adding unwanted complexity to the event planning process. Better technology also means increased visibility into spending, causing companies to fur
