CHICAGO – Financial & Insurance Conference Planners (FICP) has released its first Pulse Survey Report, for Q2 2017. Featuring data on trends impacting both meetings professionals and hospitality partners within the FICP community, this new survey initiative is intended to provide timely and relevant information to those across the meetings and events industry.
Q2 Pulse Survey Highlights – Meetings Professionals:
• 34% indicated an increase in the size of the meetings they are planning, and 51% noted the number of meetings being planned is increasing
• For 35%, the current or future trend anticipated to have the greatest impact on meetings in the next 6-12 months is regulatory changes. As a result of the proposed U.S. DOL Fiduciary Rule and past changes to the Canadian regulatory environment, 23% anticipate qualification rule changes for sales incentive events.
Q2 Pulse Survey Highlights – Hospitality Partners:
• 92% expect business to increase or remain the same.
• With regard to trends having the greatest impact on their business, 27% indicated regulatory challenges, followed closely by 26% indicating mergers and acquisitions, 25% indicating heightened security or health concerns and the remaining respondents noting assorted other challenges.
FICP will conduct future Pulse Surveys on a quarterly basis and provide benchmarking with past-survey data.
Download a copy of the Q2 Pulse Survey Report.