2023 business events revenue to surpass 2019 levels: IACC

According to the IACC's Annual Meeting Room of the Future Barometer 2022, two-thirds of venues expect to return to 2019 meeting revenue levels in 2022 or 2023, with Danish and Australian venues forecasting the quickest recovery. Respondents worldwide indicated that 2023 will be the first year to surpass 2019 revenue levels for meetings and business events. Predictions differed slightly by country, with Denmark expecting revenues to exceed 2019 levels as early as 2022, while the Americas had a slightly longer prognosis, with revenues not expected to recover to pre-pandemic levels until 2024.