According to a survey conducted in late 2024, food and beverages were expected to be the highest expense item for professionals organizing business meetings and events in the next two years. At the time of the survey, 73 percent of respondents reported this category to be the most considerable expenses.
Expected biggest expense item in business meetings and events worldwide in 2025 as of September 2024
Characteristic
Share of respondents
Food and beverage
73%
Audiovisual
66%
Venue
29%
Accommodation
28%
Event technology
26%
Transportation
18%
Other
4%
Created with Highcharts 7.2.2Share of respondents73%73%66%66%29%29%28%28%26%26%18%18%4%4%Food and beverageAudiovisualVenueAccommodationEvent technologyTransportationOther
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Convene. (November 1, 2024). Expected biggest expense item in business meetings and events worldwide in 2025 as of September 2024 [Graph]. In Statista. Retrieved May 10, 2025, from https://www.statista.com/statistics/1398889/biggest-expense-item-in-business-events-worldwide/
Convene. "Expected biggest expense item in business meetings and events worldwide in 2025 as of September 2024." Chart. November 1, 2024. Statista. Accessed May 10, 2025. https://www.statista.com/statistics/1398889/biggest-expense-item-in-business-events-worldwide/
Convene. (2024). Expected biggest expense item in business meetings and events worldwide in 2025 as of September 2024. Statista. Statista Inc.. Accessed: May 10, 2025. https://www.statista.com/statistics/1398889/biggest-expense-item-in-business-events-worldwide/
Convene. "Expected Biggest Expense Item in Business Meetings and Events Worldwide in 2025 as of September 2024." Statista, Statista Inc., 1 Nov 2024, https://www.statista.com/statistics/1398889/biggest-expense-item-in-business-events-worldwide/
Convene, Expected biggest expense item in business meetings and events worldwide in 2025 as of September 2024 Statista, https://www.statista.com/statistics/1398889/biggest-expense-item-in-business-events-worldwide/ (last visited May 10, 2025)
Expected biggest expense item in business meetings and events worldwide in 2025 as of September 2024 [Graph], Convene, November 1, 2024. [Online]. Available: https://www.statista.com/statistics/1398889/biggest-expense-item-in-business-events-worldwide/
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