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FUSION NEWS
for Meeting Professionals
Fusion Meetings & Events/Fusion Management prides itself on being a top provider of meeting & event and association management services for its clients. As such we are providing you with this current information on the industry to assist you with your duties. Should you find yourself in need of assistance with any of your meetings or association duties, please do not hesitate to give us a call. We are here to show you how we can fuse the art and science of meeting and association management to make your organization the best it can be!!
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Top Story
5 Step Approach to Meetings in a Down Economy
Prices are up, the economy is down, and consumers are spending less money. While some may think this won’t affect their organization or their industry, it’s a truth being felt by all in some way or another. Even if you are still seeing growth within your organization, perhaps the percentage of growth is stagnant or the growth is less than it could be. For many, however, there is no growth but instead a decline in the organization’s revenue and program participation.
Quite often the first decline is noticed in an organization’s educational meeting participation. This is very true today given the state of the travel industry. Fares for flights are up and there are less flights being offered. Recent studies and polls indicate that more people are opting not to travel more so due to the hassle (less flights, longer layovers, etc.) rather than the increased fares. With this in mind, all organizations need to take a systematic approach to their meeting offerings. While these are of utmost importance now, the following steps should be done regardless of the state of the economy or travel industry. By following these steps, organizations can make the most of their meeting offerings and ensure consistent and increased participation for each meeting.
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