The Early Bird Gets the Deals! 2019 Meeting & Incentive Trends
It’s hard to believe that 2019 is just around the corner. And if you haven’t started planning out your meeting and incentives for the new year... Well, trends are showing that it’s time to pull the trigger.
Skift is predicting that 2019 will see an uptick in meeting demand. And, as the basics of economics dictate, when demand rises, supply decreases, which means that costs for hosting meetings are going to go up. But never fear: your trusty travel management company, Carrousel Travel, is here to help negotiate and guide your organization to the perfect situation for your needs.
What to Expect For Meetings & Incentives in 2019
The increased demand for meetings is projected to be somewhere in the area of 5-10%. And this will spur increases in airline and hotel costs. Upscale properties will reap the most benefits, and group sizes are also projected to increase by 14% this coming year.
In short, just about every area will see some growth in 2019.
This makes it smart to book a little earlier than organizations are used to reserving space. Depending on your group size, businesses should book their meeting space anywhere from three to six months in advance (or deal with possible price increases).
But the increase in demand is just one 2019 trend for meetings and incentive planners. Skift also predicts a bump in event technology. More and more event planners are leveraging apps to collect data, giving them the ability to improve communication and sales before and after events. Other features, including adaptive tech, biometrics and virtual reality, are becoming more commonplace as well.
However, most organizations don’t have the time or budget to complicate events with this kind of technology. Partner with a consultant who can assist with implementing technology like this. And who can also assist with securing properties and airfare at optimal prices. Things that Carrousel Travel can provide to organizations planning meetings and incentives.
Proper Planning Prevents Poor Participation
Bottom line: plan early. And engage our services to stem the tide of 2019 trends. Not only can Carrousel Travel help negotiate the best prices, we can help find the perfect location for your meetings and incentive travel. We’ve also seen a few things when it comes to technology trends, and we’ve got a few ideas to help out with those expectations as well.