by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
Mice Net : December 2008
news experts predict Story by Johanna Mc mild travel slowdown but it seems it’s not all doom and gloom. Seminars conducted at the recent It&CMA tradeshow in bangkok reported that despite the combined forces of share price falls, petrol price rises, and corporate cost-cutting, the business travel market, and particularly the conference market, will weather the storm. respondents to a National business travel Association study (tabled at It&CMA), conducted between August and September this year found that the majority of participants projected 2008 travel spend to be up to 10 per cent higher than last year. And looking to 2009, more than 50 per cent of respondents were anticipating a higher spend for airfares and accommodation, and as a result were looking to use tele-conferencing and web-based meetings to combat restricting budgets. of concern were ongoing warnings about safety and security. Factors including weather-related risks, political instability and airport security were prominent issues for postponing or cancelling events, according to the research. American Express’ procurement specialist, Leanne Hay who is based in the US, said she had had first-hand experience with dealing with security issues affecting events. W ith stockmarkets around the world dipping dramatically in recent months the news isn’t good for the business travel market, including conventions. Kinnon ExpErts at It&CMa in Bangkok say current global economic conditions will impact the business travel market although less than first thought. “Security personnel are now having more influence over decision making than organisers.” Ms Hay said these people are often not necessarily well travelled and rely on travel warnings (which aren’t always accurate) to make their decision. “If our security personnel were aware of travel warnings as a result of the current protests in bangkok I very much doubt that I would have been given approval to attend It &CMA,” she said. Industry consultant Gary Grimmer (former CEo of the Melbourne Convention + Visitors bureau) who moderated the It&CMA’s `Association’s forum: making sense of meetings and incentives in Asia when the going gets tough’ was upbeat about business tourism’s future. Indeed, the consensus from panel participants was simple: no matter the economic situation associations will still need to conduct meetings and conferences. International League Against Epilepsy’s richard Holmes said for medical meetings in particular regular events were essential and would continue to be organised and be held as usual. “Medical meetings are growing worldwide and there has been an increase in association meetings in regional areas of Asia. For example, we held last year’s event in Seoul and this year it’s China,” he said. ABOVE: Coming through the doom and gloom, experts say there will be light at the end of the tunnel. mice.net 7