FCM Meetings & Events has appointed industry expert Simone Seiler to Global General Manager as part of its global expansion and to bring all the global M&E businesses into one.
It says events, event travel and meetings are leading the business travel bounce back globally with a recent white paper by FCM M&E revealing that MICE market size, in terms of revenue, is expected to grow at a compound annual growth rate of 6.6% from 2022 to 2030 to reach US$1563.3 billion by 2030.
Seiler said: “It’s clear the demand for in-person connection continues to increase, with recent data showing conferences and events being one of the top two reasons for travel among both SME owners and decision-makers.
“We’re experiencing and anticipating a steady annual growth rate of demand at 12% year on year for in-person meetings, which means we have some exciting opportunities coming our way.”
FCM Meetings & Events is committed to growing its presence in this sector and its global footprint.
Priorities include the development of innovative technology solutions and investing in extra talent, with the company planning to focus on three core areas:
- Meetings: Provide a wide range of meeting services, including venue sourcing, managed meetings, basic planning, and onsite support
- Event Travel: Offer group travel, from flights and hotels, through to transfers and team building
- Events: Provide full event management services including planning, strategies, execution, and delivery.