10/31/2023
The top challenges event planners are currently facing include higher costs (75.7%), followed by finding availability (51.3%), while timely approval from decision-makers, responsiveness, service levels/quality, contract negotiations and budget management were all closely ranked in third place, according to the Q2/Q3 Meetings & Events Pulse Survey by Global DMC Partners.
“Increasing costs in relation to budgets continues to be a primary challenge for many of our clients, as evident in the recent survey responses,” said Global DMC Partners President and CEO Catherine Chaulet. “With nearly all aspects, from airfares to F&B, increasingly getting more expensive, planners are required to be more creative with the ways they spend their budget.”
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The top challenges event planners are currently facing include higher costs (75.7%), followed by finding availability (51.3%), while timely approval from decision-makers, responsiveness, service levels/quality, contract negotiations and budget management were all closely ranked in third place, accor...