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Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20%...

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Page 1: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by
Page 2: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

35%

26%

19%

Respondents By Type, Volume and Size

Type Size of Meeting# of Meetings

Corporations

Third Party/ Independent Planners 40%

20%

20%

ISOs

SMERF

Sports

July 15, 2020

1,160 Valid Planner Responses

Page 3: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

Respondents by Meeting LocationUS Meeting Locations

Page 4: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

Perc

ent o

f Res

pond

ents

July 15 Responses

Planners continue to return to their business locations, keeping pace with previous gains since mid-May

0

10

20

30

40

50

60

70

80

Page 5: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

July 15 Responses

Rebooking is the Primary Focus“Déjà vu all over again” for planners rescheduling events

an RFP or lead.

Page 6: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

Perc

ent o

f Res

pond

entsJuly 15 Responses

Around the World, Circumstances Begin to DeviateUS planners more inclined to rebooking, less inclined to new event sourcing

Are you rescheduling, booking, or researching?What is your current primary focus?

Page 7: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

When is the earliest you are scheduling RESCHEDULED meetings and events?

Expectations for Current Year Wane for Rescheduled EventsPlanners looking to reschedule events in ‘20 down 25% from previous month

June 15 Responses

Perc

ent o

f Res

pond

ents

0

10

20

30

40

50

60

July 15

Page 8: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

When is the earliest you are scheduling NEW meetings and events?

More Planners Now Looking a Year Out or More for New EventsInterest in Q3 ‘21 and Later Grows Relative to the 1st Half of Next Year

July 15 Responses

Perc

ent o

f Res

pond

ents

0

10

20

30

40

50

60

Page 9: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

When is the earliest you are scheduling NEW meetings and events?

Expectations for New Events are “All Over the Map”With More Confidence for UK Events for 1H ’21 a Notable Contrast

July 15 Responses

Perc

ent o

f Res

pond

ents

Page 10: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

Has the Variability of Cases Affected Planner Confidence?“Significantly” for Near-Term Events Relative to Business Expectations, Budget Cuts

Factors that are affecting planners’ ability to plan live events in the near-term (1 = not at all; 5 = very significantly)

US UK Europe Asia US UK Europe Asia

Page 11: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

July 15 Responses

Planners are increasingly sanguine about contracts and cancellation terms

What are your expectations regarding cancellation clauses?

0

10

20

30

40

50

60

Perc

ent o

f Res

pond

ents

Cancellation without penalty

Terms will be even more stringent

I expect no changes

Cancellation terms will be

more forgiving

Page 12: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

Once the threat of COVID-19 has passed, over the next 12-18 months, will you plan more or fewer meetings?

Fewer Events Continues to Be the Fear Slight gain in early summer confidence retreats in July

July 15 Responses

Perc

ent o

f Res

pond

ents

More Fewer About the Same

Too Soon to Know

0

5

10

15

20

25

30

35

40

Page 13: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

Regional

Once the threat of COVID-19 has passed, will you plan more or fewer meetings over the next 12-18 months?

Delta

bet

wee

n pl

anne

rs w

ho e

xpec

t to

plan

mor

e ve

rsus

few

er

July 15 Responses

Will you plan more or fewer?Local events see a marked decline in confidence as national, international events drop back

International National Local

-60

-50

-40

-30

-20

-10

0

10

20

30

Page 14: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

-60

-50

-40

-30

-20

-10

0

10

20

Once the threat of COVID-19 has passed, will you plan more or fewer meetings over the next 12-18 months?

July 15 responses

More than 5,000

attendees

1,001-5,000

501-1,000

101-500

51-100

15-50

Fewer than 15 attendees

Delta

bet

wee

n pl

anne

rs w

ho e

xpec

t to

plan

mor

e ve

rsus

few

er

Will you plan more or fewer?Expectations for meetings < 500 attendees drops, though still more likely than larger events

Page 15: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

Government

Once the threat of COVID-19 has passed, will you plan more or fewer events over the next 12-18 months?

Delta

bet

wee

n pl

anne

rs w

ho e

xpec

t to

plan

mor

e ve

rsus

few

er

July 15 Responses

Sports a Bright SpotBut Corporate, Government Events Lose Momentum

Trade Shows

Association SMERFCorporateSports/Esports

Festivals/Fairs

-60

-50

-40

-30

-20

-10

0

Page 16: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

Delta

bet

wee

n pl

anne

rs w

ho e

xpec

t to

plan

mor

e ve

rsus

few

er

July 15 Responses

Regardless of clean building standards, confidence that had been gaining for several meeting venue types has waned over the past month

Cruise Ship

Downtown

SuburbanBoutique

Airport

ResortGolf Resort

Conference Center

Convention Center

Sports Facility

Gaming Facility

-70

-60

-50

-40

-30

-20

-10

0

10

Page 17: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

Perc

ent o

f Pla

nner

s Req

uirin

g M

ore

Do you expect you will require more or fewer of these products/services to plan your meetings and events?

July 15 Responses

“Virtual” is still real, but onsite tools to help produce live events are needed

0

10

20

30

40

50

60

70

80

90

100

Onsite Tools to Minimize Crowding/

Touchpoints

Onsite Attendee Tracking

Tools

Page 18: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

How concerned are you about the following?

Perc

ent o

f Pla

nner

s Who

Are

“Ve

ry C

once

rned

Top Concerns: Business Travel Restrictions, Reduced Budgets/Demand

0

10

20

30

40

50

60

July 15 Responses

Page 19: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

Perc

ent o

f Pla

nner

s Con

sider

ing

for F

utur

e M

eetin

gs

Are you considering any of the following in the planning of future events?

July 15 Responses

The Face Mask Debate?: 70% of Planners Will Require and Supply Them

Virtual AlternativesConcurrently

0

10

20

30

40

50

60

70

80

90

100

Requiring Liability Waivers

Requiring Face Masks

as a Condition of Attendance

Supplying Face Masks

Page 20: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

Mea

sure

of C

onfid

ence

of S

ucce

ss fo

r Con

stitu

ents

How successful will virtual events be for your constituents? Please rate your confidence, 5 being highly confident, one being not at all confident

July 15 Responses

Is Virtual an Opportunity or a Threat?The virtual events business model remains elusive

-40

-30

-20

-10

0

10

20

30

For Attendees For Sponsors For Business Objectives

1-2 3 4-5

Page 21: Respondents By Type, Volume and Size...Jul 15, 2020  · Third Party/ Independent Planners 40% 20% 20% ISOs SMERF Sports July 15, 2020 1,160 Valid Planner Responses. Respondents by

In Summary:ü Fewer events continues to be the big fearü Confidence gained in June erased in Julyü Increase in cases a key downward driverü Even small, local events -- once a bulwark

against the tide -- see a decline in confidence

ü Rebooking is the primary focus . . . again!ü Expectations for actualizing current year

events drops considerably ü New events show more promise outside

the USü More planners are now looking a year out

(or later) to book their new eventsü Planners anticipate continued contract

resiliency, flexibilityü As soon as live events come back,

planners will require (and supply) masksü Planners embrace virtual, but reluctantly

• “We are rebooking cancelled events although we’ll have fewer participants and smaller budgets. Uncertainty remains our biggest enemy.”

• “Pricing and contracting – to buyers’ favor – must change to get meetings back.”

• “Virtual events have been added to our portfolio, but in-person events will remain key. What we need is government or venue protocols for health and safety. It will be useful to have international guidance that event organisers can follow.”

• “The back-and-forth dance of open, close, open, close makes it impossible to plan for in-person events. Opinions, perceptions change daily.”

• “I’m concerned about live events over the next two years and am considering what other options I have for employment. I have done one virtual event and that looks to be my immediate future, though it’s not something I’m interested in long-term.”

• “Relationships are key to business success, and they can’t be made and cultivated virtually. Meetings and events are essential to business development. There’s both a direct and indirect relationship between meetings and economic growth. We won’t have a healthy travel industry or overall economy without being able to gather again.”


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