FCM Meetings & Events (FCM M&E), a division of the Flight Centre Travel Group, has announced a global expansion of its business that will bring about a consolidation of all global offices under the purview of global general manager Simone Seiler.
Seiler is a seasoned travel industry executive with over two decades of experience in the business events sector.
“We believe the meetings, events, and event travel markets are ripe for disruption worldwide. With this investment, we’re well-positioned to capitalise on the growing demand for high-quality and personalised event experiences that has seen an exponential bounceback,” 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. The passion and engagement we’re seeing is very encouraging, and this is something that has and continues to be felt globally,”she continued.
She added that FCM M&E is experiencing and anticipating a steady annual growth rate of demand at 12 per cent year on year for in-person meetings.
Events, event travel and meetings are leading the business travel bounce back globally with a recent whitepaper by FCM M&E revealing that business events market size, in terms of revenue, is expected to grow at a compound annual growth rate of 6.6 per cent from 2022 to 2030 to reach US$1563.3 billion by 2030.
