Return to our Home page Search
Click here for the hotel and hospitality news from around the globe Hotel, Travel and Hospitality Articles Videos and in-depth Interviews
Read more now
Read more now
Read more now
Global Meeting Trends.
Saturday, 25th January 2014
Source : Joyce Gioia, Strategic Business Futurist

Although no one would dispute the increasing use of online meetings, 81 percent of business men and women believe that face-to-face meetings are better for building long-term trust and ensuring strong client relationships.

Most of us have experienced the value of being there in person---especially for closing sales and building relationships.

Importantly, the converse is also true: Nearly half (47 percent) of business-men and -women surveyed believe they had lost an important contract or client simply because they didn't have enough face-to-face meetings. This lack of personal contact resulted in the estimated yearly revenue loss of 24 percent---certainly a significant cost for any business.
Our CEO Joyce Gioia [joy-yah] talks about the value of in-person presentation of the Employer of Choice® Award for building team spirit and acknowledging the roles played by individuals in earning the designation. Clearly, this presentation benefits from the physical hand-off of the trophy to the key leaders in the organization.
Released by Crowne Plaza Hotels & Resorts, this global research report, titled "Business Meetings in a Modern World" revealed that 74 percent of respondents believe that eye contact is the top non-verbal indicator of a positive outcome. You simply do not have that feedback online. 
Most interesting, Tuesday morning is identified as the optimum time for a successful face-to-face meeting in the United Kingdom and the United States, while Monday mornings are the best time of the week for productive meetings in China, India, and United Arab Emirates.
Small talk is recognized as an important tool to begin a business meeting, with the average meeting starting with about 7.5 minutes of light conversation. 

The UK and the US spend the first few minutes of a meeting discussing the weather, whereas in China, India, and the UAE discussions start with news and current affairs, as the main topic of conversation, 64 percent, 59 percent, and 49 percent, respectively.
Face-to-face meetings are not going to go away, until the day that we can figure out how to make our video presence, as effective as our in-person presence, and that day is not coming soon. 

That said, we believe that for information sharing, online meetings will continue to grow and develop and that new technologies will become available to enhance their effectiveness. The positive implications for the travel industry are obvious.

© Copyright 1998-2013 by The Herman Group of Companies, Inc., all rights reserved. From 'The Herman Trend Alert,' by Joyce Gioia, Strategic Business Futurist. (800) 227-3566 or

The Herman Trend Alert is a trademark of The Herman Group of Companies, Inc. Reprinted with permission.

Also Read at (Click title to read)

~ Important Notice ~
Articles appearing here contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.

Learn more about DigiJames - in room technology
 Related News  (Click title to read article)
Marriott inspiring meetings for the Next Generation.
ITB World Travel Trends Report 2013/14.
Industry forecast for 2014.
The world is going mobile.
 Latest News  (Click title to read article)
QANTAS boots services to the US and South America
Saturday, 23rd August 2014

Taiwan wins our hearts among all Asia-Pacific countries
Saturday, 23rd August 2014

Inadequate compliance with human rights
Saturday, 23rd August 2014

TripAdvisor adds Uber to app
Friday, 22nd August 2014

Majority of Americans say they would vacation without staying connected
Friday, 22nd August 2014
 Latest Articles  (Click title to read article)
The Unsung Heroes of Hospitality - Executive Housekeepers
Saturday, 23rd August 2014

Winning The Race for Guest Loyalty
Friday, 22nd August 2014

The Smart Hotelier's Guide to 2015 Digital Marketing Budget Planning
Friday, 22nd August 2014

Whatever Floats Your Boat: Accommodation Alternatives in Paris
Friday, 22nd August 2014

How to Quickly Shift Your Target Markets: Lessons on Crisis Marketing Management
Friday, 22nd August 2014
 Most Read News  (Click title to read article)
Thailand Situation Updated - June 27: Thailand tourism gets stronger than ever
NH Hotel Group disposes Amsterdam asset
NH Hotel presents new category of hotel: NH Collection
Singapore Airport T4: Ready for future growth
World's weirdest hotel requests and complaints

© Copyright 4Hoteliers 2001-2014 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here

Use of this web site is subject to our
terms & conditions of service and privacy policy