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PAUL HUSSEY MEETINGS BENCHMARKING
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The MeetingsBenchmark Ltd ©2019
The MeetingsBenchmark Ltd ©2019
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LIVE REAL TIME MEETINGS BENCHMARK REPORTING - PAST AND FUTURE
MeetingsBenchmark draws on data provided by subscribing agents, venues and booking channels. At Friday 4 January .. £502,040,390 spend across 264,122 meetings Added non delegate spend , groups The MeetingsBenchmark Ltd ©2019
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2017 – 2018 ANNUAL SPEND SNAPSHOT HBAA INPUT
The MeetingsBenchmark Ltd ©2019
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2017 – 2018 UK ANNUAL SPEND HBAA INPUT
The MeetingsBenchmark Ltd ©2019
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2017 – 2018 RATES AND VOLUME 2018 Also tracking meeting spend non delegate 2017 The MeetingsBenchmark Ltd ©2019
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RATES INDICATOR 2019 2018 2017 2016 The MeetingsBenchmark Ltd ©2019
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2018 AHEAD VS FINAL As 2018 ended As forecast last Jan
Is January forecast an indicator? 8800 bookings so far for 2019 and £35m revenue. This time last year and £33m revenue As expected – 24 hr rate lower by earlier booking…tell your clients again - 7% to be saved DDR marginal difference As forecast last Jan
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SPEND - MONTHLY VIEW No surprises to see the monthly pattern but…….
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HIGHEST SPEND DAY ? Date and month ?
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HIGHEST SPEND DAY ? Tuesday 20 March £1,041,316.80 date
average_total_spend total_spend events venues Tuesday 20 March £2,350.60 £1,041,316.80 446 328 £5,660.34 £962,257.66 172 140 £2,563.02 £950,882.14 373 301 £2,514.51 £930,368.52 371 283 £2,667.41 £928,258.06 349 275 £2,613.02 £919,781.32 354 284 £2,278.36 £906,787.71 403 286 £2,805.92 £906,313.41 326 £2,450.85 £889,659.72 365 295 £2,331.27 £876,556.69 378 296 £2,472.27 £867,766.70 352 267 £2,062.49 £866,246.53 425 320 £4,427.76 £863,413.67 196 151 £2,821.80 £857,826.23 305 253 £2,838.42 £857,204.03 304 238 £2,098.29 £856,104.26 411 303
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MOST PROFITABLE DAY ? date average_total_spend total_spend events venues Tues 20 March £2,350.60 £1,041,316.80 446 328 ?????????? £5,660.34 £962,257.66 172 140 £2,563.02 £950,882.14 373 301 £2,514.51 £930,368.52 371 283 £2,667.41 £928,258.06 349 275 £2,613.02 £919,781.32 354 284 £2,278.36 £906,787.71 403 286 £2,805.92 £906,313.41 326 £2,450.85 £889,659.72 365 295 £2,331.27 £876,556.69 378 296 £2,472.27 £867,766.70 352 267 £2,062.49 £866,246.53 425 320 £4,427.76 £863,413.67 196 151 £2,821.80 £857,826.23 305 253 £2,838.42 £857,204.03 304 238 £2,098.29 £856,104.26 411 303
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MOST PROFITABLE DAY ? Monday 15 October £5,660.34 £962,257.66 172 date
average_total_spend total_spend events venuesTues Tuesday 20 March £2,350.60 £1,041,316.80 446 328 Monday 15 October £5,660.34 £962,257.66 172 140 £2,563.02 £950,882.14 373 301 £2,514.51 £930,368.52 371 283 £2,667.41 £928,258.06 349 275 £2,613.02 £919,781.32 354 284 £2,278.36 £906,787.71 403 286 £2,805.92 £906,313.41 326 £2,450.85 £889,659.72 365 295 £2,331.27 £876,556.69 378 296 £2,472.27 £867,766.70 352 267 £2,062.49 £866,246.53 425 320 £4,427.76 £863,413.67 196 151 £2,821.80 £857,826.23 305 253 £2,838.42 £857,204.03 304 238 £2,098.29 £856,104.26 411 303
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SPEND - WEEKLY VIEW
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SPEND - WEEKLY VIEW Today's holidays are Clean Out Your Computer Day, Hug Day, International Darwin Day, Lincoln's Birthday
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SPEND - WEEKLY VIEW CAPS LOCK DAY , EVENT ORGANISERS DAY
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ALWAYS SHORTER…..? Also tracking meeting spend non delegate
The MeetingsBenchmark Ltd ©2019
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ALWAYS SHORTER….. 2018 2017 Also tracking meeting spend non delegate
The MeetingsBenchmark Ltd ©2019
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2018 UK ANNUAL SPEND SMALL MEETINGS
???, ???, ??? 5-20 delegates The MeetingsBenchmark Ltd ©2019
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2018 UK ANNUAL SPEND SMALL MEETINGS
What percentage of actual bookings is accounted for by meetings delegates? What percentage of revenue? The MeetingsBenchmark Ltd ©2019
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2018 UK ANNUAL SPEND SMALL MEETINGS
The Maths 51% of bookings ALL 5-20 delegates The MeetingsBenchmark Ltd ©2019
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2018 UK ANNUAL SPEND SMALL MEETINGS
The maths 51% of bookings 20% of revenue ALL 5-20 delegates The MeetingsBenchmark Ltd ©2019
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2018 UK ANNUAL SPEND SMALL MEETINGS
5-20 delegates The MeetingsBenchmark Ltd ©2019
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The MeetingsBenchmark Ltd ©2019
Venues of Excellence The MeetingsBenchmark Ltd ©2019
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MEMBERS MEETING PARK PLAZA VICTORIA FRIDAY 11TH JANUARY 2019
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