Recovery of Business Events Gains Momentum in Q2 2022

bic event

According to the 2022 Q2 Global Business Events Barometer released by the Events Industry Council (EIC), group hotel room nights and business events RFPs have increased strongly, with both reaching over 80% of 2019 levels. The research monitors changes within the market relative to pre-pandemic levels. The RFP activity index increased to 81%, and the hotel group room nights index increased to 83% of 2019 levels in Q2 for 2022. RFP activity for events with short lead times has recovered further than events with greater lead times, but both indexes improved, especially in the Middle East and North America.