Tightening Budgets Reshape Meetings & Events Industry in 2025
SHERIDAN, WYOMING – March 5, 2025 – SHERIDAN, WYOMING – Mar. 5, 2025 — The latest Q4 2024 Meetings & Events Pulse Survey from Global DMC Partners (GDP) reveals a tightening of budgets within the meetings and events industry. The survey, which gathered 127 responses from industry professionals across various regions, highlights key trends affecting planners and suppliers, including rising costs, sustainability integration, DEI efforts, and the increasing adoption of AI.
Generational Workforce Trends in MICE
The Meetings, Incentives, Conferences, and Exhibitions (MICE) workforce is currently dominated by Generation X (50%), followed by Baby Boomers (25%) and Millennials (23%). This generational mix offers a balance of experience and fresh perspectives, shaping the evolving landscape of event planning.