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# Caution advised for 2016 meetings
- URL: https://hospitality.pro/caution-advised-for-2016-meetings/
- Published: 2015-09-23T04:32:47.000Z
- Updated: 2015-09-23T04:32:47.000Z
- Author: Holedo
- Tags: Hospitality Industry News, News, #wordpress, #Import 2026-04-16 12:15

CWT Meetings & Events? 2016 Forecast predicts positive growth for the industry in the coming 12 months.  
But the report also sounds a note of caution: as attrition and cancellation terms are becoming stricter, supplier negotiations will be more important than ever to meetings planners.  
Key findings:  
? The unpredictable economy in Asia Pacific could cause challenges in the region, although stronger demand from China and India could drive up group size and prices;  
? High demand for meetings and events venues in North America is exceeding supply, resulting in a sellers? market. Careful planning is therefore very important;  
? In Europe, buyers are gaining greater negotiating power as the region sees slow but steady growth; and  
? Pockets of high demand will be created around the Rio 2016 Olympics and Paralympic Games next summer, resulting in a potential shortage of meeting space.