Flight Centre Corporate conducted its inaugural State of the Market survey, in which 28 per cent of businesses said more than 50 per cent of their travel budget goes towards travelling for MICE, with 11 per cent revealing an allocation between 25-50 per cent, and 10 per cent stating 15-25 per cent of their travel spend goes towards the MICE sector.

Simone Seiler, global general manager for FCM Meetings & Events – a division of Flight Centre – says the findings come during a time when the business is repositioning worldwide to deliver a unified offering, leveraging itself as a subsidiary of FCM Travel.

“Globalising the FCM Meetings & Events business will allow us to add consistency and scale for customers looking for a global meetings and events provider, with hub offices in all four regions, and global consistency but with local nuance to understand specific client needs,” she says.

“We now operate in more than a dozen countries globally, with future expansion plans in the works.

“Australia, India and Mexico are currently thriving for us, and we see North America, Asia and Europe as key regions with the largest opportunities for growth.

“Our global vision for the future of meetings and travel management is centred around innovation, sustainability, accessibility and seamless integration of technology.”