MPI Did the Math, and Your Buying Power Is Going Down

MPI Did the Math, and Your Buying Power Is Going Down

In the 2016 Winter Meetings Outlook from Meeting Professionals International, respondents predicted a little spending increase but a bigger pricing increase. MPI put those predictions together and what came out was a 2.5 percent decrease in planners’ buying power.

Here are the price hikes respondents said they expect during the next 12 months:

F&B/Catering: 4.6 percent

Audiovisual: 3.6 percent

Air travel: 4.2 percent

Room rates: 4.5

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