Abstract

Understanding the weaknesses and strengths of event attributes plays a significant role in business survivability, specifically the meetings, incentives, conventions, and exhibitions (MICE) industry, in which the business environment is competitive. To be in business and survive long-term, service and product offerings must satisfy the needs of clients. In the case of the MICE industry, clients include event organizers, planners, and attendees. Thus, the IPA (importance-performance analysis) was conducted with hopes to provide valuable insight into the MICE industry to identify and evaluate their offering (attributes) that can assist Convention and Visitors Bureaus (CVBs) to establish better operational strategies that maintain their economic sustainability. Furthermore, this study also addressed the event planners and organizers’ perceptions toward the environment and social sustainability, measuring the importance and performance of ecofriendly venues and the availability of disabled access, which showed neither significant importance nor performance. However, as the main purpose of the research was to examine the essential venue selection criteria based on the perceptional lens of the event organizer and planners to MICE operators on achieving business sustainability, the findings of this study provide strategical direction to establish, maintain, and improve their facility, service, and products. The study also finds that there are different needs depending on the types of event organizers and planners.

Highlights

  • The meetings, incentives, conventions, and exhibitions (MICE) industry is one of the most rapidly growing segments in the hospitality and tourism sector and is a strong economic driver for local economies, having both direct and indirect multiplier effects [1,2,3,4].The size of the economic effect generated by this industry is extensive because other key segments of tourism and hospitality such as accommodation, food and beverage, gaming and entertainment, transportation, local travel agencies, retail stores, and other establishments benefit from having convention events in their area [3]

  • In comparing the selection criteria of event planners and organizers, this study aims to capture the different perspectives of venue selection

  • A paired-sample t-test was conducted to identify whether there was a significant difference between perceived importance and actual performance at Busan Exhibition and Convention Center (BEXCO) in the ratings for event venue selection attributes

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Summary

Introduction

The meetings, incentives, conventions, and exhibitions (MICE) industry is one of the most rapidly growing segments in the hospitality and tourism sector and is a strong economic driver for local economies, having both direct and indirect multiplier effects [1,2,3,4].The size of the economic effect generated by this industry is extensive because other key segments of tourism and hospitality such as accommodation, food and beverage, gaming and entertainment, transportation, local travel agencies, retail stores, and other establishments benefit from having convention events in their area [3]. The meetings, incentives, conventions, and exhibitions (MICE) industry is one of the most rapidly growing segments in the hospitality and tourism sector and is a strong economic driver for local economies, having both direct and indirect multiplier effects [1,2,3,4]. As the growth of the hospitality and tourism market increases, the competition among CVBs at different levels of destination (e.g., a site, city, region, country) has Sustainability 2021, 13, 5030. Sustainability 2021, 13, 5030 intensified so much that destinations across the globe are competing to be chosen as the venue for different types of events such as meetings, incentive trips, conventions, exhibitions, and conferences [5]. It is important for a CVB to understand the characteristics of its location and which of its specific attributes influence event organizers’ decisions and potential attendees’ intentions to engage an event [6,7,8]

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