Mean daily delegate rates have dropped in the last year for both associations and corporates, according to the latest British Meetings & Events Industry Survey (BMEIS).
In 2011, the mean daily delegate rate for associations stood at £42.50, compared to a figure of £47.40 in 2010. For corporates, the rates were higher at £54.50 this year, but this was still nearly a 9 per cent drop on last year’s rate of £59.80.
As far as 24-hour delegate rates were concerned, movement was more fractional, with associations paying £134 in 2011 compared to £135.60 in 2010. Corporate sector rates increased slightly from £160.30 last year, to £161.50 for 2011. The increase in the corporate rate is likely to be down to hotels (which remain the most popular venue type) maintaining average room rates, particularly in the big cities such as London.
According to the BMEIS survey, 30 per cent of association respondents also opted for the ‘Less than £30’ option – this is compared to 20 per cent last year. The £31-40 bracket also increased by 7 per cent this year.
Are you interested in getting more information from the BMEIS survey? You can order your copy here: http://www.meetpie.com/staticpagedisplay.aspx?code=bmeismenu