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That percentage is expected to climb; Mack also noted, The outlook we’re hearing from our industry is super positiveincentives and associations are driving a healthy pipeline with wins already lined up out to 2029. market, were now seeing connectivity improvements with direct links from Dallas, L.A.
I think that destination marketing organizations, as they’re doing their product development, really need to be thoughtful about the types of events that are happening in their community to ensure that it attracts a wide variety of demographic targets,” McGrath said. The expected date of completion for the project is 2029.
With the India MICE Tourism Market projected to register a CAGR of 6% during 2024-2029, BLTM is undoubtedly the perfect platform for international and domestic suppliers to leverage this surge in the market by showcasing their best Bleisure and MICE offerings. billion by 2029. billion in 2024, growing to USD 34.11
If you’re looking for the most comprehensive list of event marketing, event management, and event planning statistics, you’ve come to the right place. Would you believe that 60% of leadership believe that events are the most critical marketing channel for achieving business goals? We’ve come a long way from Q4 2021 when a mere 16.8%
A place for rapid growth Besides being the home country to most luxury hotels, Asia also has the fastest-growing hotel industry overall, outgrowing the global market. According to a Statista insights survey, the region’s hotel sector will grow by 21 percent and hit over $182 billion value by 2029.
He mentioned they are looking forward to exceeding their targets this year, with some markets already showing positive signs. However, Rob quickly pointed out that while China is important, they focus on a mix of 15 markets, including the US and the UK. Anecdotally, the sentiment is very positive.
According to Data Bridge Market Research, the global AI in drug discovery market is expected to reach US$24.7 million by 2029, growing at a rate of 53.3 AI will perform trial and error within a computer and come up with the best combination for the drug. per cent annually.
The millions of pilgrims who come to Saudi Arabia to visit the holy sites are the next obvious market to be targeted before the discerning international traveller in other markets is lured to come and visit the Kingdom. First on that list will be Trojena, the official host location of the Asian Winter Games 2029.
In another report, Data Bridge Market Research found that the health and wellness food market is forecasted to experience a compound annual growth rate (CAGR) of 9.9% by 2029 in the Asia Pacific. Predictive analytics are being used to tailor marketing strategies, ensuring a more targeted and effective approach.
Regardless of whether you’re planning a dazzling conference, a mind-blowing trade show, or an interactive webinar, success starts with effective event marketing. But how do you market your event effectively? Well, that depends on the event marketing tools you use.
Given the recent innovation and investment in AI, it’s no wonder this market is expected to surge from $387.45 billion by 2029 at a compound annual growth rate of 20.1%. AI creates a need for GREAT event profs who have a deep understanding of their audience, products, market, and industry best practices.
In the fast-paced and highly competitive retail market, improving the customer experience became the main factor in achieving predictable revenue results. By prioritizing customer acquisition, retention, loyalty, and satisfaction, companies can differentiate themselves in the market, foster long-term relationships, and drive revenue growth.
For example, Washington State offers a sales tax exemption on the purchase of new solar energy systems, through 2029. Value-adding: It increases your homes market value and/or substantially enhances its functionality, like installing solar panels or adding a home office.
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