9 Years After 9-11: Has the Meeting Industry Rebounded Yet?

Nine years and billions of dollars later, are we safer and have these measures made a difference? Some say yes, others no.

Here are the facts:

Osama bin Laden is still at large and we have no firm idea where he is.

Terrorist experts Peter Bergen and Bruce Hoffman believe Al-Qaeda is a weaker but more complex threat to the United States. The fighting force they once had has shrunk considerably.

According to the New York Times, despite $7 billion in federal grants, we still do not have a single, nationwide public safety radio system.

The Transportation Security Administration (TSA) has spent $45 billion on security measures and new rules about shoes, liquids, and box cutters. However, the government is reluctant to commit if we can thwart off another terrorist attack.

Despite all this relatively bad news, 504 event meeting planners polled in April and May of 2010 seem generally positive about the upswing of the industry. Granted, we have had a worldwide recession during the later part of these nine years since 9/11 that has impacted events. However, nothing had a greater short-term impact on event meeting services than 9/11. Below, are some of the highlights of the PCMA, American Express, and YPartnership market research:

This study concluded Banking And Finance News the following:

There will be a net increase in the number What Makes A Business Fail of off-site meetings in 2010 and 2011;

The will be a net increase in expected attendance in off-site meetings in 2010 and 2011; and

Among planners that intend to book fewer meetings in 2010 and 2011, the main reason is the general state of the economy, not security threats against the United States.

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So when you are ready to plan your next meeting or event, partner with a premier event services company.