IAPCO reports another stellar year in 2023

On this Global Meetings Industry Day 2024, IAPCO publishes its 2023 statistics of their Annual Member Survey, based on annual return data provided by IAPCO members and reports that its members delivered over 14.2 billion euros of economic impact into destinations around the globe in 2023.

In addition to all of this, membership of the association grew by 5% from 2022 and interest in new membership applications for 2024 is far exceeding expectations.

The IAPCO Annual Member Survey compiles data from the IAPCO membership to gain valuable insight into its community over the previous year and to get an outlook for the coming years. This data enables IAPCO to understand its members’ impact on the industry through their performance and focus on future activities.

IAPCO and its members continue to report growth year-on-year with the latest 2023 figures now available. Martin Boyle, CEO of IAPCO shared: “Our annual reporting figures, based on data collected from all IAPCO members around the globe, show an increase in majority of areas including number of events delivered, number of meeting professionals employed and, importantly, the Economic Impact of the events delivered throughout the year.”

Economic impact has risen from 13.48 billion euros in 2022 to 14.2 billion euros in 2023, number of events from 16,359 in 2022 to 17,044 in 2023 and number of meeting professional employed within the IAPCO membership has risen from 8,457 in 2022 to 9,248 in 2023.

Martin continued, “Although these results are just a snapshot of of the past year, the growth trend over the past several years is very encouraging for IAPCO, our members and our global meetings industry as a whole. When assessed, together with all other indicators, the impact that IAPCO members continue to bring to both our industry and cities within which their client events are delivered is extremely positive, attractive and proof of the value of business events around the globe.”

The article IAPCO reports another stellar year in 2023 first appeared in TravelDailyNews International.

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