Two-fifths of respondents (60 percent) reported that at least 80 percent of the room block for their largest meeting was picked up by their organization. In 2008, 54 percent of respondents reported that at least 90 percent of the room block for their largest meeting was picked up by their organization; only 34 percent could say the same in 2009.
TO 69 60 TO 59 3% 13% 5%
TO 79 16%
70
TO 89 26%
80 THAN 50
OR MORE 34%
90 LESS
“Get worse due to restrictions on travel budgets for attendees and exhibition budgets for corporations.”
50 3% NO ANSWER
The remainder of the quotes in this section are in answer to this question:
“Do you expect the meetings industry as a whole will improve, stay the same, or get worse over 2010?”
Average: 75 percent, down 5 points in 2008
Operating Ratios Revenue
Association and independent meeting professionals reported that, on average, 49 percent of the revenue from their largest 2009 event came from registration, while 27 percent came from exhibit sales, and 16 percent came from sponsorships and grants. The sources of revenue are similar to last year.
OTHER ADVERTISING SALES SPONSORSHIP/GRANTS EXHIBIT SALES REGISTRATION
Conventions, exhibitions, and meetings continue to comprise one-third of organizational income, a number that has remained consistent for several years.