CWT sees meeting market increases in 2011 and beyond
September 03, 2010 |
The worldwide meeting market is expected to pick up steam in the next few years, with predicted per-attendee meeting costs possibly jumping by double-digit percentages next year, according to a study from Carlson Wagonlit Travel.
The worldwide meeting market will have the largest forecasted percent increase in 2011, according to a study by Carlson Wagonlit Travel (CWT).
The report also found North American airfares and hotel rates in 2011 generally will increase as rental and chauffeured car costs decrease.
"The Middle East (meeting market) has experienced quick recovery and is expected to see activity return to pre-2009 levels by the end of 2010," according to the report. "The Asia-Pacific region anticipates a full recovery by 2010-2011, Europe and North America by 2012-2014."
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