meeting budget predictions

 

Here are the key pricing predictions that will impact your meeting budgets. Hotel industry consolidation and a consistent “do more with less” mentality warrants¬†the need to evaluate your meetings budgets. Given the economic environment, a plan to arm and educate will ensure you get the most out of your spend. Here are big bucket pricing predictions for 2017.

  • Airline prices in North America are projected to increase by 3.7%
  • Hotel prices in North America are projected to increase by 4%
  • Hotel food and beverage prices go up an average of 5% (or more) every year
  • Ground Transporation prices in North America are projected to remain flat

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