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Planners say that a huge reduction in government spending will hurt their first-quarter business, although no one is quite sure of how far the ramifications will extend. They’re also preparing for the near-inevitability of another shutdown. Check out the story below.
I also dove deep into Airbnb’s acquisition of event space platform Gaest. The move is great for Airbnb, but doesn’t mean much for the wider event tech ecosystem.
— Andrew Sheivachman, Senior Editor
The Future of Events and Meetings
Government Shutdown Caused Serious Pain for Meeting Planners: It’s nearly impossible to get a final tally of the shutdown’s impact but it’s safe to say the meeting industry was harmed. Now, experts advise planners to take caution.
Airbnb’s Event Ambitions Won’t Disrupt Meetings Sector: Airbnb’s acquisition of Gaest makes a ton of sense for the homeshare giant, but doesn’t represent any major shift in the overall meetings and events space.
Tourism to the U.S. Fell Behind in 2018: Trump’s policies and a strong dollar have led to stagnant international tourism growth in the U.S. Expect the slowdown to continue in 2019.
Around the Industry
Caesars Doubles Down on Its Non-Gaming Strategy With New Brand: You can bet the incredible brand recognition of the Caesars name will still prove to be a double-edged sword as Caesars tries to delve deeper into the non-gaming space.
Travel Booking Is Finally Coming to Instagram: When Facebook enabled airlines and hotels to build booking functionality into their Facebook pages years ago, it was a total bust. But Instagram and WhatsApp seem to have an engagement level that was missing last time around, making these e-commerce moves appear to be a lot more feasible.
Dubai Holding to Develop Burj Jumeira to Host Large-Scale Events: Dubai does not lack high towers. Here’s another, and one that will provide events planners with more exciting venues. Roll it on.
Skift Senior Editor Andrew Sheivachman [firstname.lastname@example.org] curates the Skift Meetings Innovation Report. Skift emails the newsletter every Wednesday.