Business Travel Executive, November 2018
16Business Travel Executive NOVEMBER 2018 SPECIAL REPORT Groups Gain Ground By Ralf Walters The stock market made history Aug 22 by becoming the longest bull market since World War II This rising indicator of prosperity is only one sign of the boom times for many sectors of the US economy including meetings incentives conferences and exhibitions MICE planners and their suppliers have much to celebrate The North American meetings market is expected to grow 28 percent in 2019 due to the continued vigor of the US economy according to projections from Carlson Wagonlit and the Global Business Travel Associations 2019 Global Travel Transportation for meetings and events takes the right mix of planning logistics and fleet availability Forecast Trends show more events of every size says senior vice president and global head Cindy Fisher of CWT Meetings and Events Meetings of 101 to 500 attendees will see the fastest growth according to additional research from CWT American Airlines Meetings and Event Future Trends Thus the opportunity for travel managers and meeting planners to up their game and refine the planning process can reap further dividends in 2019 But as they say on Wall Street past performance is no guarantee of future results The best
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