pcma & global trends
TRANSCRIPT
Sherrif Karamat, CAE
Chief Operating Officer
May 2012
PCMA & Global Trends
Who is PCMA?
Who is PCMA?
• PCMA is the premier education and professional resource provider
• A global organization with members from more than 37 countries
• 6,400+ members
• 17 Chapters located in Canada, Mexico and USA
Who is PCMA?
• 68% 10+ industry experience
• 78% key decision-makers
• 40% Associations 10,000+ members
• 23% corporate / independent
• 29 meetings per year
• Convene readers book more than 1 million meetings per year
Who is PCMA…
Supplier Membership Breakdown
A new, monthly series of articles that, combined
with an online test, enable readers to easily earn
credit hours to qualify for the CMP exam or
towards their recertification.
Take Advantage of ALL PCMA Has to Offer
Convene Magazine
Stay on top of the latest
industry news, trends,
challenges and opportunities
Convene CMP Series:
Certification Made Possible
Convene Magazine® - download the mobile app!
Fill your association knowledge gaps and acquire new tools to unlock doors to key decision
makers.
The role of the PCMA Education Foundation
is to support the mission of PCMA through
fundraising and grant giving focused on
education and research that will benefit the
meetings and convention industry.
Industry Collaborations
Hosted Buyer Programs
• IMEX – May 22 - 24 (Frankfurt)
• PCMA Education Conference – June 10 – 13 (San Antonio)
• AIBTM – June 19 - 21 (Baltimore)
• Convene Forum – TBD
• IMEX America & PCMA Global Professionals Conference–
October 11 - 14 (Las Vegas)
• EIBTM & PCMA Global Executive Edge– November 27 – 29
(Barcelona)
• PCMA Convening Leaders – January 13 – 16, 2013 (Orlando)
Current Trends
• Globalization/International Meetings
• Global Economy – Impact on US Meetings
• Technology/Virtual Meetings/Hybrid Meetings
• Membership Models and Revenue Generation
• Evolution of Meeting Management Role
• Corporate Social Responsibility
• Value of Meetings
International Trends
• Positive trend in size and number of meetings
• More international education
• 40 % hold meetings outside of the US
• Wide variety of meeting locations including: Canada, Mexico, UK, Caribbean, Western Europe, Asia, Eastern Europe, Australia/Pacific Rim, Latin & South America, Bermuda
The Meetings Industry Direct Contribution to the US Economy
• 1.7M U.S. jobs
• $263B in spending
• $106B contribution to GDP
• $14.3B federal tax revenue
• $11.3B state and local tax revenue
• $60B in U.S. labor income
2011 Economic Impact Study
Total Economic Output of the Meetings Industry
• 6.3M U.S. jobs
• $907B in total U.S. economic activity
• $458B contribution to GDP
• $64B federal tax revenue
• $46B state and local tax revenue
• $271B in labor income
2011 Economic Impact Study
Muchas Gracias
Sherrif Karamat, CAE
Chief Operating officer