Who's in the know? The big DMCs, that's who—they have all the inside info on the best destinations worldwide. Special Events just completed our 10th annual "25 Top DMCs" list, and here we share trend predictions from some of the biggest players …
"Globalization and consolidation within the industry continues," management says. "Meeting planners and third-party group travel companies are pairing down the number of 'preferred' DMC partners they work with to gain greater efficiencies and economies of scale."
ACCESS Destination Services, San Diego
SIGNS OF A RECOVERY?
Advantage is "working smarter within tighter budgetary confines" and "creatively doing more with less." in some good news, "We are finally seeing a trend to more lead time for programs and events, which we believe is an indicator of a recovering meetings and events industry," they say.
Advantage Destination & Meetings Services, North Miami Beach, Fla.
CALL FOR COLLABORATION
Top management points to greater collaboration between clients and their DMCs to better manage event spend while meeting event objectives. "The incentive market is hungering for a more experiential, hands-on learning environment," they say. "In addition, we are seeing a strong rise in the number of program operations, affirming the improving economic factors. Lead times are short as program interests increase."
AlliedPRA, London, San Diego
STRONG: CARS AND TECH
Management has seen a "strong increase" in demand from the automotive and technology industries, along with continued short-term business.
Bixel & Co., Los Angeles