Byline: Sam Nassimov, MD of Premier Hotels
Face-to-face conferencing is making a comeback.
In-person is popular
Virtual conferencing holds a great many benefits outside of the obvious Covid-19 safety factors. From a lower carbon footprint to cutting down on travel logistics and costs; more efficient time-usage by speakers and better focus by breakaway groups.
2022 MICE business within the Premier group is exceeding late 2019 performance, with the government sector proving stronger than the corporate market β which is still lagging. Although meaningful comparisons are difficult, we have seen growth of 29% in 2022 MICE performance when compared to the 2021 last 4 months trading as restrictions eased.
Overall, corporates largely remain cautious of big events, conference gatherings and many prefer the hybrid approach β with training and meetings taking place online or at their offices. This is expected to improve markedly in the second half of the year – notwithstanding the current energy crisis and their need to rebuild and strengthen their teams, exchanging ideas in person and building new networks.
That being said, out of all the feedback weβve received from return conferencing clients and from personal experience in the space, we can safely say that live conferencing is still superior.
The domestic market is leading while the international one lags
Forward pipelines are still not as robust as 2019 but we are extremely encouraged by the demand for our flagship ELICC and Premier hotels in East London. We also welcome an upsurge in sport, Association and NGO business which is encouraging.
International incentives and groups continue to lag due to restricted airline capacity and other country COVID travel restrictions β with the major nodes of Sandton, Durban and Cape Town still to recover properly.
Exactly when we will once again be able to host βbiggerβ face-to-face conferences in our venues, remains to be seen. So here are a few things to consider when it comes to conferencing in the short- to medium-term future:
- Innovation is key
If COVID has taught us one thing, it is to innovate. Those entrepreneurs, brands and businesses who are adaptable, dynamic and innovative despite the past 18 months (or because of it) are the ones that will thrive, now and in the future.
Much like the live entertainment industry (weβre not talking about βregularβ business meetings here – a clear distinction needs to be made between conferences and business meetings) the conference sphere was forced to go virtual – moving to video-chat screens, with digital presentations and typed, chat-style Q&A sessions. Those companies that managed to do this in the most user-friendly and engaging ways are the ones that will (and have to date) garnered the most engagement from their dignitaries.
- Smart use of technology
There is a wealth of conferencing technology and apps out there and the quality of the voice and video imaging continues to improve. Being able to follow crisp, clear presentations in real-time is why conferencing is back in demand. In addition to the face-to-face sessions, there will be digital recordings so that delegates can revisit the sessions post event, and it offers the opportunity for experts to dial in from all over the world. Venues have geared up to meet all these factors. At Premier Hotels & Resort, we have various conference-specific venues across the country and all are well-equipped with the latest in AV and streaming equipment to facilitate both the in-person and the hybrid model.
- Around the water cooler
One of the biggest benefits of βtraditionalβ (face-to-face) conferencing is the off-the-mic time. The networking, team-building and impromptu strategy sessions that happen away from the structured sessions. This is simply not possible in the virtual realm. Not on the same level of depth, anyway.
- Hybrid or bust
It is from the learnings of that event and others in the conferencing and entertainment space (and from the current remote-working philosophy of day-to-day business) that it is also likely we will see a βhybridβ model of sorts going forward. A model that incorporates both physical and virtual aspects. The βbest of bothβ if you will.
We remain committed to our government partners and believe that this sector will also show good growth in the second half of 2022.
Our primary focus remains on growing our market share in the corporate market and we believe our national footprint, and properties in the primary business nodes – including the newly opened Umhlanga properties and refurbished Sandton hotels β positions us favourably to compete head on with the larger hotel groups.
