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ADMEI member DMCs report greatly improved business and shorter response times for 2014

The majority of DMC members of the Association of Destination Management Executives International (ADMEI) report business was much improved for 1Q 2014 compared to 1Q 2013, and the outlook for 2Q 2014 is that the improvement in business will continue. Even more important is that the majority of member DMCs anticipate that 2014 will be more profitable than 2013.

ADMEI member DMCs participated from Europe, Mexico, and the Caribbean as well as the United States.

When questioned about the time interval between receiving an RFP and the date of the event, more than 60% responded that this interval is decreasing.  Most notably, 20% of these respondents asked, “What interval?  We are asked to respond within two weeks of the event!”

“DMCs provide significant value to clients with a very short planning period,” notes Jennifer Patino, DMCP, ADMEI President and CEO of Hosts Global Alliance.  “A DMC has the most unique venues, exceptional caterers, and matchless suppliers with whom they collaborate to produce programs and events that meet their clients’ goals and exceed their expectations.”

The Association of Destination Management Executives International is the premier international association for DMCs.  Its mission is to define the DMC industry, uphold the highest level of professionalism, establish standard business and ethical practices and promote the value of local destination management.

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