U.S. group meetings volume in October increased 30.4% over September’s figure, according to data from Knowland, a provider of data-as-a-service insights on meetings and events for hospitality.
Average attendees per event remains stronger than 2019 for the second month in a row. Additionally, average space used was still higher than 2019, however, the gap between these narrowed dramatically.
“October continued the strong growth we’ve seen since the beginning of the summer,” said Kristi White, chief product officer, Knowland. “The top 25 markets continue their dominance as the biggest growth markets; however, there were significant shifts in the top markets which is a positive as growth spreads within the top 25. Finally, there was a substantial uptick in corporate events. While some of this increase is related to shifting seasonality, it is also a sign of corporate events recovering at a faster pace.”
- The average number of attendees per event in October 2021 was 110, compared to 80 in October 2019.
- The average space used in October 2021 was 2,734 sq. ft., while meetings in October 2019 averaged 2,680 sq. ft.
- The top five growth markets, in order, in October were Phoenix; Washington, DC; Atlanta; Orlando; and Boston.
- The corporate segment represents 69.6% of meeting and event business with the healthcare and technology segments taking the lead as the largest industry segments.