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HopSkip Monthly Market Analysis- June 2022

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June 30, 2022
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Reading time: 1 min

Every month HopSkip analyzes data from around the meeting and events industry to understand trends in the market. HopSkip picks a few of the most relevant trends from research conducted throughout the month and we share those data points with the rest of the community.  


 

HopSkip Market Analysis: June 2022

Data Point #1:

62% of planners say that hotel response time and hotel availability are currently their biggest pain points when requesting proposals from hotels

Source: HopSkip "Q2 Meetings Check-In" Webinar Poll


1-Jun-29-2022-10-55-38-42-PM

What this tells us:

Compression from Covid-19 is real and planners across the board are feeling it.

 

Data Point #2:

68% of planners say that agreeing on contract terms/clauses is currently their top challenge when contracting events today with hotels

Source: HopSkip "Q2 Meetings Check-In" Webinar Poll

2-Jun-29-2022-10-55-38-35-PM
What this tells us:

Planners are approaching contracts very delicately as they have felt the financial penalties from cancellations due to covid-19. 

Data Point #3:

69% of hoteliers say that agreeing on contract terms/clauses is currently their top challenge when contracting events today with planners

(Source: HopSkip "Q2 Meetings Check-In" Webinar Poll)

3-Jun-29-2022-10-55-38-39-PM

What this tells us:

Hotels have also been severely impacted financially by event cancellations so it's very important for planners and hoteliers to approach the contracting conversation as a win-win partnership rather than one party walking away feeling like they've won the contract negotiations.

 

 

Interested in learning how the HopSkip platform can increase your hotel response rates and discover the perfect venue?

Book a demo

 

 

Every month HopSkip analyzes data from around the meeting and events industry to understand trends in the market. HopSkip picks a few of the most relevant trends from research conducted throughout the month and we share those data points with the rest of the community.  

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