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IACC’s
  Emerging Trends Committee
          Presents:
Generational Preferences
  In Meeting Location
       Selection
           March 2013
IACC’s
Emerging Trends Committee…
• Created in 2007
• Members are 30
  years old or
  younger
• Has conducted
  three initiatives
  including:
  – Comprehensive Guide
    to Social Media (2012)
  – Internship model
    (2011)
Development Counsellors
International…
• Since 1960, DCI
  has worked with
  400+ countries,
  states and cities
  globally to drive
  both investment
  and tourism.
• Published “Winning
  Strategies in
  Destination
  Marketing in 2012”
Methodology
• IACC Emerging Trends Committee (ETC) and Development
  Counsellors International jointly developed the survey.

• Survey explored if there are generational preferences among
  meeting planners and whether these preferences shape how
  meeting space is selected.

• On January 10, 2,000 meeting planners were invited via email to
  participate in an online survey.

• Meeting planners were selected from a combination of IACC
  member meeting planners lists and DCI’s own internal meeting
  planner list.

• Survey was entitled: Selecting A Conference Center: Choosing the
  Right Facility for Your Audience – 2013.

• The survey garnered 94 responses which is nearly twice of the
  previous surveys by IACC’s ETC.
Generation Definitions
                Mature
               Age 66+

             Baby Boomer
              Age 47-65

                Gen X
              Age 33-46

            Gen Y/Millenial
              Age 18-32
Respondent Profile
         Mature:   NEC, 3%            Baby
          2%                         Boomer:
Gen Y:
 12%                                  45%




Gen X:
 38%                     * NEC= Not Otherwise Classified
Q.   Have you ever heard of the International
     Association of Conference Centers (IACC)?

        76% of respondents have heard of IACC


     Matures                         100%


     Baby Boomers                    74%


     Generation X                    72%


     Generation Y                    82%
Q.         If you have heard of IACC, on a scale of one (not
           important) to five (very important), how
           important do you feel it is that our next event be
           held at an IACC facility?

              Importance of Using an IACC Facility


     50%                            45%


     40%


     30%                 24%
                                                         21%

     20%

                                              7%
     10%           3%

     0%
              5 (Very    4      3         2          1 (Not
            Important)                             Important)
Importance of Using an IACC Facility
           (average response by generation)




5.0


4.0          3.1         3.0          2.9


3.0                                                   2.4


2.0


1.0


0.0
      Baby Boomer   Matures    Generation Y   Generation X
Q.         “Please rate on a scale of 1 (least important) to 5
           (most important) how important each of the
           following factors are when choosing a conference
           facility on behalf of your clients.”
                    Most Important Factors
               When Choosing A Conference Facility
                   4.5
     5.0                         4.2           4.2           4.1
     4.5
     4.0
     3.5
     3.0
     2.5
     2.0
Less Important Factors
      When Choosing A Conference Facility



5.0        4.0
4.5
                       3.5         3.4
4.0
3.5                                         2.7
3.0
2.5
2.0
Generational Differences
       When Choosing A Conference Facility

      Generation Y   Generation X   Baby Boomer   Mature

5.0

4.5

4.0

3.5

3.0

2.5

2.0
Most Important Characteristics By Age Group
(denotes answers by respondents who indicated that they selected conference centers
  based on the age of their meeting attendees by ranking it a 4 or 5 in importance)
Mature                 Baby Boomer       Gen X                  Gen Y
Proximity to airport   Proximity to      Proximity to airport   Cost
                       airport           and restaurants

Ease of getting        Ease of getting   Renovated              Chic/Modern Facilities
around                 around
Cleanliness            Cleanliness       Vibrant activities     Entertainment, Evenin
                                                                g Activities, Recreation
                                                                on Property, Off-site
                                                                Activities
Walking distances      Comfortable       Uniqueness             Design
within venue           rooms with
                       reading chairs
Level of service       Wi-Fi             Wi-Fi/Latest           Technology
                                         Technology
Wheelchair Access      Access to
                       food/beverage
Q.   Thinking abut your client’s annual meetings/
     conferences that you have planned/attended,
     what are the three most important criteria in
     selecting a conference facility?”

    Top Criteria For Facility Selection
 24.1%       Adequate meetings
             rooms/flexibility of space
 18.2%          Location/appeal of
                destination
 16.8%          Accessibility
 16.4%          Affordability/cost
 7.7%           Technology
Top Criteria For Facility Selection
                        (by generation)

                                                   Baby
Criteria                         Gen Y   Gen X    Boomer
Adequate meeting
rooms/flexibility of space       22.2%    26.3%   31.1%

Location/appeal of destination   25.9%    20.0%   19.4%
Accessibility                    14.8%     8.4%   8.7%
Affordability/Cost               22.2%    14.7%   14.6%
Technology                        3.7%     8.4%   7.8%
Size/Capacity                    11.1%     4.2%   0.0%
Service                           7.4%     6.3%   0.0%
Food & Beverage offerings         0.0%     3.2%   7.8%
Condition/Updated/Not under
Renovation                       7.4%     6.3%     5.8%
Q.   “What are the top three challenges or reasons
     you would choose NOT to use a specific conference
     facility or other type of meeting venue?”

     Top Reason For Declining A Facility

 16.7%           Cost/excess charges
 12.5%           Inadequate meeting
                 space (size/amount)
 10.2%           Location
 9.8%            Appearance/condition of
                 property
 8.3%            Inadequate meeting
                 space (layout/design)
Top Reason For
                   Declining A Facility
                           (by generation)
                                                             Baby
Criteria                                    Gen Y   Gen X   Boomer
Cost/excess charges                         28.6%   17.3%    20.9%

Inadequate meeting space (size/amount)      21.4%   8.6%     17.4%

Location                                    10.7%   11.1%    11.6%

Appearance/Condition of property            3.6%    12.3%    11.6%

Inadequate meeting space (quality/layout)   17.9%   25.9%    16.3%

Accessibility                               3.6%    7.4%     10.5%

Quality of Staff/Service                    7.1%    8.6%     3.5%

Lack of technology or outdated              3.6%    6.2%     5.8%

Bad reviews/reputation                      3.6%    2.5%     2.3%
Q.   “Thinking specifically about the meeting space(s)
     within a conference/meeting facility, please rate the
     importance (1=least important, 5 = most important)
     of the following meeting room characteristics.”
                Most Important Room Elements


          5.0          4.3        4.0         3.8

          4.0

          3.0

          2.0

          1.0
Less Important Room Elements


5.0
           3.6          3.1
4.0
                                     2.6
3.0

2.0

1.0
Importance of Room
                Characteristics
                (by generation)
                                                      Baby
Criteria                               Gen Y   Gen X Boomer Mature
Space has elements that are
conducive to learning or training       4.4     4.3    4.3   4.5
Space fosters collaboration and
innovation                              4.0     3.9    4.0   4.5
Availability of break out rooms with
informal, moveable furniture            3.5     3.7    4.0   4.0
Space has informal furniture
groupings to allow participants to
socialize and converse with one
another                                 3.0     3.6    3.7   3.5
Space provides the ability to
recognize sales or key performers       3.5     3.2    3.0   3.0
Availability of white boards on
wheels                                  2.2     2.4    2.9   2.5
www.iacconline.org   www.AboutDCI.com

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How Generational Buying Preferences Will Transform the Meetings Marketplace

  • 1. IACC’s Emerging Trends Committee Presents: Generational Preferences In Meeting Location Selection March 2013
  • 2. IACC’s Emerging Trends Committee… • Created in 2007 • Members are 30 years old or younger • Has conducted three initiatives including: – Comprehensive Guide to Social Media (2012) – Internship model (2011)
  • 3. Development Counsellors International… • Since 1960, DCI has worked with 400+ countries, states and cities globally to drive both investment and tourism. • Published “Winning Strategies in Destination Marketing in 2012”
  • 4. Methodology • IACC Emerging Trends Committee (ETC) and Development Counsellors International jointly developed the survey. • Survey explored if there are generational preferences among meeting planners and whether these preferences shape how meeting space is selected. • On January 10, 2,000 meeting planners were invited via email to participate in an online survey. • Meeting planners were selected from a combination of IACC member meeting planners lists and DCI’s own internal meeting planner list. • Survey was entitled: Selecting A Conference Center: Choosing the Right Facility for Your Audience – 2013. • The survey garnered 94 responses which is nearly twice of the previous surveys by IACC’s ETC.
  • 5. Generation Definitions Mature Age 66+ Baby Boomer Age 47-65 Gen X Age 33-46 Gen Y/Millenial Age 18-32
  • 6. Respondent Profile Mature: NEC, 3% Baby 2% Boomer: Gen Y: 12% 45% Gen X: 38% * NEC= Not Otherwise Classified
  • 7. Q. Have you ever heard of the International Association of Conference Centers (IACC)? 76% of respondents have heard of IACC Matures 100% Baby Boomers 74% Generation X 72% Generation Y 82%
  • 8. Q. If you have heard of IACC, on a scale of one (not important) to five (very important), how important do you feel it is that our next event be held at an IACC facility? Importance of Using an IACC Facility 50% 45% 40% 30% 24% 21% 20% 7% 10% 3% 0% 5 (Very 4 3 2 1 (Not Important) Important)
  • 9. Importance of Using an IACC Facility (average response by generation) 5.0 4.0 3.1 3.0 2.9 3.0 2.4 2.0 1.0 0.0 Baby Boomer Matures Generation Y Generation X
  • 10. Q. “Please rate on a scale of 1 (least important) to 5 (most important) how important each of the following factors are when choosing a conference facility on behalf of your clients.” Most Important Factors When Choosing A Conference Facility 4.5 5.0 4.2 4.2 4.1 4.5 4.0 3.5 3.0 2.5 2.0
  • 11. Less Important Factors When Choosing A Conference Facility 5.0 4.0 4.5 3.5 3.4 4.0 3.5 2.7 3.0 2.5 2.0
  • 12. Generational Differences When Choosing A Conference Facility Generation Y Generation X Baby Boomer Mature 5.0 4.5 4.0 3.5 3.0 2.5 2.0
  • 13. Most Important Characteristics By Age Group (denotes answers by respondents who indicated that they selected conference centers based on the age of their meeting attendees by ranking it a 4 or 5 in importance) Mature Baby Boomer Gen X Gen Y Proximity to airport Proximity to Proximity to airport Cost airport and restaurants Ease of getting Ease of getting Renovated Chic/Modern Facilities around around Cleanliness Cleanliness Vibrant activities Entertainment, Evenin g Activities, Recreation on Property, Off-site Activities Walking distances Comfortable Uniqueness Design within venue rooms with reading chairs Level of service Wi-Fi Wi-Fi/Latest Technology Technology Wheelchair Access Access to food/beverage
  • 14. Q. Thinking abut your client’s annual meetings/ conferences that you have planned/attended, what are the three most important criteria in selecting a conference facility?” Top Criteria For Facility Selection 24.1% Adequate meetings rooms/flexibility of space 18.2% Location/appeal of destination 16.8% Accessibility 16.4% Affordability/cost 7.7% Technology
  • 15. Top Criteria For Facility Selection (by generation) Baby Criteria Gen Y Gen X Boomer Adequate meeting rooms/flexibility of space 22.2% 26.3% 31.1% Location/appeal of destination 25.9% 20.0% 19.4% Accessibility 14.8% 8.4% 8.7% Affordability/Cost 22.2% 14.7% 14.6% Technology 3.7% 8.4% 7.8% Size/Capacity 11.1% 4.2% 0.0% Service 7.4% 6.3% 0.0% Food & Beverage offerings 0.0% 3.2% 7.8% Condition/Updated/Not under Renovation 7.4% 6.3% 5.8%
  • 16. Q. “What are the top three challenges or reasons you would choose NOT to use a specific conference facility or other type of meeting venue?” Top Reason For Declining A Facility 16.7% Cost/excess charges 12.5% Inadequate meeting space (size/amount) 10.2% Location 9.8% Appearance/condition of property 8.3% Inadequate meeting space (layout/design)
  • 17. Top Reason For Declining A Facility (by generation) Baby Criteria Gen Y Gen X Boomer Cost/excess charges 28.6% 17.3% 20.9% Inadequate meeting space (size/amount) 21.4% 8.6% 17.4% Location 10.7% 11.1% 11.6% Appearance/Condition of property 3.6% 12.3% 11.6% Inadequate meeting space (quality/layout) 17.9% 25.9% 16.3% Accessibility 3.6% 7.4% 10.5% Quality of Staff/Service 7.1% 8.6% 3.5% Lack of technology or outdated 3.6% 6.2% 5.8% Bad reviews/reputation 3.6% 2.5% 2.3%
  • 18. Q. “Thinking specifically about the meeting space(s) within a conference/meeting facility, please rate the importance (1=least important, 5 = most important) of the following meeting room characteristics.” Most Important Room Elements 5.0 4.3 4.0 3.8 4.0 3.0 2.0 1.0
  • 19. Less Important Room Elements 5.0 3.6 3.1 4.0 2.6 3.0 2.0 1.0
  • 20. Importance of Room Characteristics (by generation) Baby Criteria Gen Y Gen X Boomer Mature Space has elements that are conducive to learning or training 4.4 4.3 4.3 4.5 Space fosters collaboration and innovation 4.0 3.9 4.0 4.5 Availability of break out rooms with informal, moveable furniture 3.5 3.7 4.0 4.0 Space has informal furniture groupings to allow participants to socialize and converse with one another 3.0 3.6 3.7 3.5 Space provides the ability to recognize sales or key performers 3.5 3.2 3.0 3.0 Availability of white boards on wheels 2.2 2.4 2.9 2.5
  • 21. www.iacconline.org www.AboutDCI.com