The IAPCO Company Report and Annual Survey is a mandatory report that our IAPCO Members are obligated to complete as part of their annual membership renewal process. It is designed to provide IAPCO with an overview of changes to our members’ organisations regarding their own company size, staffing and administration changes over the year.
The responses also, importantly, provide insight into the sentiment, foresight and trends of members, their clients and suppliers all of which are analysed by IAPCO to ensure that the Association’s products and services meet the future needs of IAPCO Members, their teams and the professional and business events industry as a whole. The data also provides IAPCO and our industry with a clear understanding of the economic value that our events can bring to destinations.
Our Annual Member Survey compiles data from the IAPCO membership to gain valuable insight into our community over the previous year and get an outlook for the coming years. This data enables IAPCO to understand its members’ impact on our industry through their performance and focus on future activities.
IAPCO and its members continue to report growth year-on-year with the latest 2023 figures now available. Our annual reporting figures, based on data collected from all IAPCO members around the globe, show an increase in majority of areas including number of events delivered, number of meeting professionals employed and, importantly, the Economic Impact of the events delivered throughout the year.
Specifically, Economic Impact of our Members’ client events has risen from €13.48 billion in 2022 to €14.2 billion in 2023. The number of events has similarly seen an increase from 16,359 in 2022 to 17,044 in 2023 and number of meeting professional employed from 8,457 in 2022 to 9,248 in 2023.
Although these results are just a snapshot of the past year, the growth trend is very encouraging for IAPCO, our members and our global meetings industry as a whole. When assessed, together with all other indicators, the impact that IAPCO members continue to bring to both our industry and cities within which their events are delivered is extremely positive and attractive and proof of the value of business events around the globe.