The first conclusive report on the UK corporate meetings market has been commissioned by Hotel Brokers International. 

Hotel Brokers International, whose buying power in the meetings market exceeds £60m, are widely recognised by clients and suppliers as one of the UK’s leading meetings organisers.

HBI’s Meeting Industry Report 2007 draws together over fifteen years of business data and commercial acumen and is set to become a benchmark for finance and procurement directors as well as corporate marketing, training and travel departments.

The meetings sector, which represents £375 billion globally, has until recent years been a largely unregulated area of corporate expenditure.

Fragmented departments and disparate cost centres have meant that meeting expenditure has been difficult to track.

The Meetings Industry Report is set to provide those with purchasing authority a definitive overview that will assist them in maximising their purchasing power

Undertaken by Travel Intelligence Network, the report draws on both quantitative and qualitative research. Statistical reporting is based on HBI’s consolidated buying power benchmarked against other trade associations and management consultancies data.

Qualitative feedback is provided by key corporate purchasers of many of the UK’s FTSE-100 as well as PricewaterhouseCoopers and Deloitte and key figureheads from hotels and venues.   

As well as providing in-depth research into rates and expenditure, the report also looks to other key considerations on the corporate agenda, CSR, requests for proposals and technological advances in the meetings sector.