MICE, in today’s time, has seen a surge in corporates looking for destinations that can offer bleisure. The idea of relaxing along with family, post conferences, is gradually gaining popularity. Holland as a destination provides ample opportunities for bleisure and experiential MICE, we explore it for you in our destination piece.
The government is laying more emphasis on developing tourism, employment and business through MICE. At the recently-concluded ICPB conclave, Suman Billa – Chairman ICPB & Joint Secretary, Ministry of Tourism, Government of India, reiterated how 52 per cent of travel revolved around MICE and it remains essential to leverage this market and tap its potential internationally as well. The tourism ministry is in talks with Niti Ayog to implement conference visa to support sensitivities for global destinations coming to India.
Enumerating positive trends for the Indian business travel market, GBTA BTI Outlook – Annual Global Report & Forecast states that the sub-continent is the fastest growing and only market to see doubledigit business travel spend growth. Meanwhile, the white paper by Ernest and Young, based on a survey of over 60 EEMA members, states that the events industry has been growing at 15 per cent CAGR for the last five years, which is swifter than the 11-13 per cent CAGR of the Indian M&E industry. The expected growth rate of the industry will be 16 per cent over the next few years.
A report on future trends in the meetings and events space by the,Carlson Wagonlit Travel Meetings & Events (CWT M&E), revealed that the overall cost per attendee per day for meetings and events in Asia Pacific has increased by 5 per cent in 2017, the greatest for any region globally.
The moment rumours or hints of layoff are out, panic strikes the employees of an organisation. People feel deeply insecure and generally the internal organisational communication goes haywire. Our expert Shital Misri Sadhoo shares tips for managers to cope with the same.
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