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For the association meetings market, 71 percent of the PCOs and DMCs who responded to the INCON survey predicted that employment will also rise again in 2012. The same survey suggested that, on the supplier side of the business:


• Rates for venue hire will see a rise.


• Rates and prices for catering will also see a rise but less dramatic than venue hire and housing. • Housing rates will show a considerable increase.


Finally, regarding incentive travel, the Incentive Research Foundation’s predictions were somewhat similar to last year, with 41 percent of respondents in Spring 2011 expecting their incentive travel budget to slightly increase and 38 percent expecting it to remain unchanged. This means that the vast majority (almost 80 percent) of incentive planners are looking toward a positive 2012, according to the IRF’s research.


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