Key findings from the Encore 2022 Winter Planner Pulse
With the world of events ever-changing, staying up-to-date on the latest industry trends is an essential tool for crafting successful experiences. To help ensure your event design, programming and format resonates with today’s audiences, Encore surveys meeting and event professionals quarterly to capture a closer look into today’s event landscape and to maintain a pulse on where meeting event needs are heading.
Read on to learn key insights from our latest survey.
Human connection and engagement are the most impactful values for in-person events
When it comes to the most valuable components of this type of event, networking and relationship-building topped the list.
In-person events will continue to increase with each new quarter
Meanwhile, interest in hybrid and virtual gatherings is expected to plateau, with hybrid events forecasted to make up just 15 percent of all events held from the First Quarter of this year to the Third. Similarly, only 14 percent of all events held in the First and Second Quarters are anticipated to be virtual. This number is expected to drop to 11 percent in the Third Quarter.
Most planners expect their audience numbers to grow this year
This data brings a welcome implication — people are actively interested in physically attending conferences, meetings and other events, making now the perfect time for you to invest more resources into their event design. Get ahead of the curve by ensuring you have the best solutions to deliver successful outcomes.
Six of 10 planners will see budget increases — driven by food and beverage, room rates and transportation costs
DE&I is an important ESG area of focus
Environmental, social and governance (ESG) objectives remain an opportunity in 2023. We asked planners about four major ESG issues to collect feedback on the role they play in event planning. Those issues were: Diversity, Equity & Inclusion (DE&I), environmental sustainability, social responsibility, and local legislation that aligns with organizational values.
Our findings? Approximately half of event professionals (55 percent) view DE&I as the most important ESG area to consider while selecting venues. This research speaks volumes about how event professionals now prioritize DE&I when making critical event planning decisions.
When it comes to selecting a venue, event professionals regard the other ESG attributes in the following order of importance:
- Local legislation that is aligned with organization values (45 percent)
- Environmental sustainability (45 percent)
- Social responsibility (42 percent)
In terms of choosing an AV/event technology partner, event professionals prioritize the following attributes behind DE&I:
- Environmental sustainability (40 percent)
- Local legislation that is aligned with organization values (39 percent)
- Social responsibility (35 percent)
Insights-led meeting planning for more engaging experiences
Interested in personalized solutions that can help optimize your next event? Request a free consultation with our event experts! We’d love to discuss your specific needs and help you develop a transformative experience that achieves your event goals.