- Meetingsbooker.com recently published a report that details the key trends in the digitalization of venue sourcing.
- The report found that non-hotel venues, like coworking spaces, are gaining market share.
- Non-hotel venues now receive 51% of online meeting booking transactions.
Meetingsbooker.com, the global leader in simple meeting discovery, has reviewed its 2019 booking data to compile a report that details the key trends in the digitalization of venue sourcing. The findings from the research underline the rapid automation of this multi-billion dollar industry, from an offline transaction to a fast online solution.
The report provides a wide range of insights, designed to help both planners and corporate travel managers better understand this new emerging sector. Interestingly, the study highlights the wide variety of suppliers offering meeting space for hire online, with non-hotel venues such as co-working spaces gaining market share now receiving 51% of online transactions.
The study also shows that meeting planners are now looking for a hybrid solution combining online booking technology for smaller meetings under 20 attendees as well as a request to book (RFP) system for larger conferences with group accommodation. The report reveals how Meetingsbooker.com’s technology, which is now being used by many global corporations to track and measure simple meetings expenditure, delivers savings of 18% versus standard venue rates.
“It is very interesting to see how the market has developed since our last white paper report. Overall, online adoption is growing rapidly and major global corporations are now actively looking for one platform to manage all their meeting sourcing needs for smaller meetings as well as larger events.” commented Ciaran Delaney, Founder & CEO of Meetingsbooker.com
Download the full report here
Meetingsbooker.com is the global market leader in the online booking of meeting rooms with over 137,000 meeting spaces listed around the world. Meetingsbooker.com provides companies with a central tool to manage all their meeting reservations including approval rules, centralised payments and detailed expenditure and savings analysis.
Meetingsbooker.com also provides hotels and venues with technology to automate bookings via their own websites, including revenue management and online payment capability.