Skyrocketing Costs Squeeze Event Budgets
Velvet Chainsaw
FEBRUARY 27, 2023
“Despite projections of persistent inflation and a moderate economic recession, CBRE’s forecast calls for a close to 6% increase in rooms revenue per available room (RevPAR) in 2023.” exhibitors are funding these higher expenses by sending fewer staff, opting for smaller booth space and/or decreasing their sponsorship investment.
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