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Breaking down the company’s recent sustainability strategy International exhibition and convention center ExCel London is a carbon-neutral venue and an advocate for the path towards green meetings. Recently, the company debuted a comprehensive sustainability strategy. At over 100,000 sq. In 2022, the center was the first U.K.
percent compound annual clip through 2027, the fastest pace of any age group. Then, too, compared with older luxury travelers, Millennials are more responsive to marketing that emphasizes environmental sustainability. As the post-pandemic travel sector continues to rebound quickly, Millennial consumers are playing a key role.
Dubai Marks Progress in Tourism, Events and Sustainability in 2024 With nearly 15 million overnight visitors as of October 2024, Dubai has hit its stride as a top international destination for tourism, meetings and events. A cool $660 million has just gone toward making that dream a reality.
As the region’s largest economies, the United States and Canada are leading the charge, embracing technology, sustainability, and hybrid event formats to ensure that business events not only meet the needs of today’s professionals but also anticipate the demands of the future. By 2025, the global MICE industry is projected to reach $1.4
Business, luxury and MICE travel are also making significant contributions to economic growth and sustainable development, with Statista predicting a global market volume of more than $1 trillion by 2027. “It The UAE Government, for instance, estimates that the country’s travel and tourism market will support 770,000 jobs by 2027.
As the region’s largest economies, the United States and Canada are leading the charge, embracing technology, sustainability, and hybrid event formats to ensure that business events not only meet the needs of today’s professionals but also anticipate the demands of the future. By 2025, the global MICE industry is projected to reach $1.4
A collage showcasing iconic global landmarks, illustrating the diverse destinations managed by Destination Management Companies (DMCs) for flawless event planning Current Trends in Global DMCs Sustainable Destination Management Sustainability is now a must in modern travel. trillion by 2027.
Current Trends in Global DMCs Sustainable Destination Management Sustainability is now a must in modern travel. For instance, the global sustainable tourism market was valued at $3.3 trillion by 2027. Sustainable and Ethical Practices The push towards sustainability will continue to grow.
In most cases, traditional marketing involves one-way communication, limiting the engagement and interaction between a retail brand and its audience. Also, you’ll be able to reach out to stellar speakers and even promote your edition to these speakers’ audiences. By 2027, 75% of shoppers expect to see this.
By 2027, 75% of shoppers expect to see this. ✅ Relevance Relevance is a crucial characteristic of in-store retail events because it ensures the event attracts and engages the target audience. The event should align with the brand’s product offerings and showcase them in a way that resonates with the audience.
arguable sustainability issues since many glampsites consume a lot of energy and water and create excessive waste (well this one depends on the property). percent from 2022 to 2027. Showcase your sustainability undertakings. That being said, let’s finally examine the glamping market and see what travelers say about it.
percent from 2023 to 2027. A mobile app not only gives OTAs more opportunities to reach their audience. So, if you target niche markets or want to focus on sustainable travel , a white label won’t meet your expectations.” The good news is that the OTA sector holds promise for steady advancement. The projected OTA market growth.
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