In Europe we see the highest number of international association conference participants in the world.

Source: The European market potential for MICE tourism | CBI

50%

With a market share of 50%, Europe is expected to keep this position until 2030.

74%

of meeting professionals consider events to be their most important demand-generation tactic.

76 %

of meeting professionals view business conditions for events increasingly positive for the rest of 2024.

That‘s up 6%
over last quarter. 

Source: meetings outlook winter 2024 | mpi.org

22%

of surveyed European event planners expect budgets to be at least 20 % higher in 2024.

Source: Cvent 2023 Planner Sourcing Report Europe

“Training activities” is in the top 3 of commodity groups, and represents:

→ for 30 % of the finance leaders, a challenge in the payment process

→ for 26 % a commodity group that requires prompt payment.

Source: AirPlus survey among 534 finance leaders from Austria, Belgium, France, Germany, Italy, Luxemburg, Netherlands, Switzerland, and the UK.

Contracted suppliers

→ Main challenge: Too much manual
administrative effort is needed

→ Top 5 of main causes
of manual administrative effort:

1. Invoice handling

2. Compliance e.g. "ESG" (Environmental, Social, Governmental)

3. Reconciliation

4. Dispute / claim handling

5. Payment

Source: AirPlus survey among 534 finance leaders from Austria, Belgium, France, Germany, Italy, Luxemburg, Netherlands, Switzerland, and the UK.

Non-contracted suppliers

→ ~ 43 %
= average total purchasing volume that goes to non-contracted suppliers

→ Main challenge for 52 %
of the finance leaders:
Ensuring compliance in purchases