| | | | | | | | | | Dear Guest, Welcome to Meeting Escrow's monthly newsletter featuring articles related to financial & risk management solutions for meetings and events: advance deposit escrow accounts, foreign currency exchange protection, single vendor payment management, event insurance and VAT recovery.
| | | | | | Book a discovery call with a Meeting Escrow specialist to learn how our financial solutions can help your organization. | | | | | |
End of year review - 2022
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AMI - December 2022 - According to James Lancaster at Northstar Meetings Group, after a turbulent 2022, things are looking a lot better, with booking levels at all-time highs and budgets matching and in some cases outpacing—inflation. This is great news. If you need foreign currency and other financial risk management solutions, click here to learn more. We have tools for both suppliers and clients.
| | Seamless travel and culture to draw delegates to events in 2023 |
M&C / Asia - December 11, 2022 - "Seamless travel, micro-mobility, safety and hygiene as well as regional and cultural characteristics are inspiring people to travel to events, according to research from the German Convention Bureau (GCB).”
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2022 target exceeded by 40% as bounce back accelerates
| CMW - December 15, 2022 – This isn’t just in Kuala Lumpur where business is exceeding targets. We believe this is happening in many parts of the world. Are you ready for 2023 and 2024? Have you considedred elements such as trust accounting, foreign currency fluctuations and start-up financing. Consider contacting Meeting Escrow as you plan for the future.
| | New studies with cautiously optimistic outlook for the events sector |
Kongres - December 15, 2022 - "According to the recent EITW study which surveyed business event organisers and suppliers, the energy crisis is seen as the greatest current challenge, closely followed by the Covid-19 pandemic, the shortage of staff and skilled workers as well as inflation and price development. For the respondents, these simultaneously occurring factors lead to general event planning uncertainty.” With uncertainty comes the need for innovation. What tools are available to help event professionals plan during these times. | | | | | |
How the evolution of the workplace is affecting incentive travel
| M&IT - December 2022 - "As we head into 2023, read the latest trends about the importance of incentive travel. The workplace is experiencing one of the biggest transformations ever seen, and with the 'Great Reshuffle' still ongoing, employers are looking for new ways to attract and retain talent." | | Meetings industry forecast 2023 |
Northstar - November 8, 2022 - "Not even rising costs, staffing shortages and a possible recession can squelch planner optimism about the future of meetings."
| | | | | | | | | | | | | | | | | | UPCOMING EVENTS WHERE WE CAN CONNECT: SITE Global Conference, February 17-20, 2023, New York City
SITE Canada, AGM, March 1, 2023, Toronto IMEX Frankfurt, May 23-25, 2023, Frankfurt | | | | | | | | | | | | | | | | | | | |
