PCMA Convene Magazine | April 2025
Category: News
Corporate Travel In Retreat
From Business Traveler: Anxiety is creeping into the corridors of corporate travel. With 2025 well underway, a new survey from the Global Business Travel Association (GBTA) paints a sobering picture: nearly one-third of global travel managers expect their company’s business travel volume to fall significantly next year, with an average forecasted drop of 21 percent….
Events Industry Mobilizes Against Tariff Pressures
From Skift Meetings: Tariffs are impacting the live events industry, and the Live Events Coalition and its allies are stepping up pressure on lawmakers to act. AV and production equipment, raw materials, decor, furnishings, food and beverage, and technology will all increase in cost, said Wendy Porter, vice chair of government affairs for the Live…
Skift’s Sarah Kopit on How Travellers are Staying Away from the US
From Quest Means Business: “We do get the impression that the beef here is really with the Trump administration, not the American people necessarily.” Skift Editor-in-Chief Sarah Kopit found that many travelers staying away from the U.S. due to Trump are happy to come once his presidency is over…
At China’s Largest Trade Fair, Exporters say US Markets are ‘Frozen’
From Reuters: Candice Li says that after Washington raised tariffs on Chinese goods by 145%, U.S. orders for the medical devices her firm is making have vanished. “It’s a matter of life and death because 60-70% of our business is with American clients,” said Li, marketing manager of Conmo Electronic Co. “Goods cannot be exported…
Medical Meetings Caught in the Crosshairs of Trump 2.0
From Skift Meetings: Meeting professionals have been navigating a landscape where access, funding, and conference attendance are no longer guaranteed, said Pat Schaumann, president of Schaumann Consulting Group. Schaumann is also the director of Meeting Professional International’s Healthcare Meeting Compliance Certificate (HMCC) program. In 2025, the U.S. was expected to host over 1.5 million medical…
Government Faces Backlash After VisitBritain has Funding Slashed
From AMI: The UK’s ambition to become a world-leading destination for international business events has been dealt a significant setback following a 41 per cent cut in funding to VisitBritain from the government’s GREAT programme. The announcement, made on 1 April, will see VisitBritain’s ‘GREAT Britain and Northern Ireland’ destination promotion programme budget cut from…
Singapore Aims to Hit S$50 Billion with Futuristic Tourism Vision
From Travel Weekly Asia: Singapore is looking confidently into the future with a comprehensive roadmap aimed at transforming the city-state into a world-class, innovation-driven tourism destination by 2040. Following a robust performance in 2024, with international visitor arrivals reaching 16.5 million and tourism receipts climbing to a record S$29.8 billion (US$22.4 billion), the Singapore Tourism…
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