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Catch up on all the updates of MICE Conclave 2018

"Meet Interact Connect & Expand"

Digital transformation of Travel and Hospitality

September 20th 2018

The hospitality and travel industry is rapidly growing with the increasing adoption of varied tools, technologies and digital platforms to boost customer experience, construct powerful loyalties and operate companies economically. These include mobile applications, social media, Big Data analytics, artificial intelligence (AI) and machine learning, virtual reality (VR) and augmented reality (AR). Additionally, online sale of travel reservations in India is forecast to grow at a healthy rate of 14.8 percent Compound Annual Growth Rate (CAGR) at INR1,512.7 billion (USD22.3 billion) in 2017 to INR2,625.7 billion (USD38.7 billion) in 2021. Apparently, Indian travelers are demonstrating high affinity towards engineering use in traveling; this tech-friendly Indian traveler could be characterized as under. …

The best practices in MICE Procurement for event

Over the past decade, there has been a considerable rise in procurements’ role and impact in sourcing MICE services. This trend has evolved largely due to the steps taken by large organizations towards refining their strategic programs for inculcating events, incentive travel, and outbound meetings, going a step ahead of traditional meetings …

8 myths about networking events that need to be busted

Networking is the key to being relevant in the industry. When it comes to seeking business associations, attending networking events is the best way forward. When done correctly and genuinely, networking is flattering to other people and they actively participate in discussions regarding one’s organization, services provided, business goals and ambitions. …

Pressrelease

Meetings, Incentives, Conferences, and Exhibitions (MICE) and luxury tourism have experienced exponential growth in the last decade with increased connectivity, robust business environment, and technological advancement in travel and related processes. …

Technology in Travel; Overhauling MICE

The world of business travel is being contrived with technological innovations and are being used within the meetings, incentives, conference, and expos. With travel-tech being the cynosure, the companies are poised to disrupt the user experience, while saving cost and optimizing price. …

Pressrelease

The meteoric rise of the Indian travel market in the recent past has been both intriguing and encouraging to the travel industry both in India and overseas. With a CAGR* of 13% in 2017 and featuring at the 3rd place among the top 15 markets ranked by 2012 - 2017 CAGR, Indian travel market is only just beginning the stint to realize its true potential. In spite of this outstanding growth, a vast range of untapped potential awaits to be explored with the right channels and due diligence. One such very promising aspect of India’s travel potential is its business travel sector fostering the MICE market that currently generates over 5.1 million tourists annually. …

    Pressrelease

    The astounding growth of the MICE market in India over the last decade has triggered a plethora of business opportunities for an array of hospitality and travel driven industries. India is the second fastest growing nation in gross numbers of outbound travelers after China and with a projected CAGR of 12% over the course of next five years, GBTA expects the country to climb into the sixth spot by 2019 in terms of market value. Nurturing a vision to complement this meteoric rise of this robust MICE market and connect the global solution providers to the domestic buyers across India, MICE Conclave has been conceived by Exito Media Concepts. …