Tag Archives: conferences
Turn Economy Around: Have a Meeting!
The Economic Significance of Meetings to the U.S. Economy study reveals that the U.S. meetings industry directly supports 1.7 million jobs, $263 billion in spending, a $106 billion contribution to GDP, $60 billion in labor revenue, $14.3 billion in federal tax revenue and $11.3 billion in state and local tax revenue. With the country looking [...]
Business Leaders KNOW Face-to-Face Meetings Matter!
We all know instinctively that face-to-face (F2F) is more powerful than virtual. Here are some compelling stats that fully back this up–and can help us all ‘sell’ the need for in-person meetings to stakeholders. From http://www.mpiweb.org/Portal/Research/MeetingsDeliver: • For every $1 spent on business travel, the return is $12.50. Oxford Econ study—highly credible data • 40% [...]
BELIEVE IT: Face-to-face Means Profits
Want to know the potential return on investment of your business travel and meetings? According to extensive research by Oxford Economics USA, for every dollar spent on business travel, companies benefit an average of $12.50 in increased revenue and $3.80 in new profits. Indeed, such figures present a very compelling case for face-to-face meetings regardless [...]