Laurent Stelio Barelier’s Post

🔍 Let's crack the code 'MICE'. What exactly does MICE stand for? 🕵️♂️ 🔸MICE is an abbreviation for 4 terms that describe what MICE industry consists of, which are Meetings (Corporate Meetings), Incentives ( Incentive Travel for Corporate Employees), Conventions (Conference of Professional Associations), and Exhibitions (Business-to-Business (B2B) Tradeshows). Mega Events & World Festivals (Large scale events and international festivals).   🔸The MICE industry is one of the significant contributors to Thailand's economy. In the fiscal year 2023 (from October 2022 - September 2023) MICE industry generated the total economic value of 1.03% of Thailand GPD or over 180,000 million Baht and created over 185,000 job positions.   🔸More details in each industry and how MICE industry contribute to Thai economy, we will delve into each sector next time. Stay tuned! More details of MICE at https://lnkd.in/fYTU6mv #TCEB #BusinessEventsThailand #MICEUpdate #Meeting #Incentive #Convention #Exhibition #MegaEvents #WorldFestival #MICE

Uganda Convention Bureau with other DMCs (Destination Management Companies) working on an incentive bid sourced through the prestigious IBTM World platform 2023. This bid, a result of strategic planning and collaboration, promises to bring 80 incentive buyers to Uganda for an immersive 9-day experience. Thanks to CEDP that participation for IBTM and the potential ROI will be rewarding. IBTM, the global leader in connecting the MICE industry, has played a pivotal role in securing this opportunity. As a platform that thrives on fostering connections and driving business opportunities, IBTM has been instrumental in linking Uganda with key players in the incentive travel sector. According to research by the Events Industry Council in 2018, an incentive buyer carries an average spending power of USD 870 per day. Now, imagine the economic impact generated by 80 incentive buyers over 9 days. The volume and value equation at play here positions this opportunity as a significant contributor to Uganda's economic growth. In the Meetings, Incentives, Conferences, and Events (MICE) realm, we understand the importance of both volume and value. This bid exemplifies the potential for substantial economic gains by attracting a large volume of high-value participants. It's not just about the numbers remember, it's about the transformative economic impact that follows. Such opportunities extend beyond the immediate event but the legancy impact.The strategic planning involved in securing this bid aligns with our vision for positioning Uganda as a preferred destination for incentive travel. #MeetInUganda #CEDP #MTWA #IBTMOpportunity #IncentiveTravel #MICEIndustry #SITE #IBTM

Speak to the #experts about #NewZealand at The Meetings Show APAC and learn how easy doing the #business with Business Events really can be! #businessevents #events #eventprofs #nz #travel #nztravel #meetings #incentives #conference #exhibition #traveltrade #hotels #resorts #hospitality

Our exclusive infographic dives deep into the latest trends, top destinations, and crucial factors event organizers are considering in the APAC region. With insights from Singapore, Indonesia, and Hong Kong, this is your go-to resource for navigating the MICE landscape. 🌎 📊 What’s inside? - Top 3 types of MICE events by country - Event roles breakdown - Hottest MICE destinations - Venue considerations: Discover what truly matters when choosing a location. - Preferred destinations by hosts, organizers, sponsors & exhibitors 💡 Download your free infographic now and unlock the keys to successful MICE events: https://okt.to/czM2S4

Have you subscribed yet ?

Blending Business with Leisure… The MICE industry is no longer just about “Boring Business”, the industry is transforming towards the rising trend of “Bleisure” where Business Travel meets Leisure Travel, as the boundaries between work and personal life continue to blur. Companies and employees increasingly emphasize work-life balance. Incorporating leisure activities into business trips through organizing meetings, incentives, conferences, or exhibitions in destinations that offer extensive leisure activities allowing employees and the wider business community to unwind and enhance their business travel experiences while maintaining productivity. Many companies are recognizing the benefits of allowing employees to combine business with leisure. Extending business trips to include additional elements of ‘personal enjoyment’ can reduce burnout, improve job satisfaction, and enhance employee well-being. Recent studies show that bleisure travel is on the rise. According to a survey by Expedia, 60% of business trips now include a leisure component. This trend is especially popular among millennials, who value experiences over material possessions. (Source: Embracing the Rise of Bleisure Tourism: A Guide for Modern Travelers, Digital Guest, Aug 2024). At Miral we’re betting on this rising trend of bleisure. We offer an appealing value proposition for companies who look to inspire their employees and their visitors through very unique and diversified venues, incentives, and services, combining the best of both worlds - Business x Leisure. #YasIsland #Bleisure #MICE #Miral #MakeItMemorable

Thailand Sets Sights on MICE Leadership: TCEB Unveils Five-Year Plan The Thailand Convention and Exhibition Bureau (TCEB) is charting a bold course for the nation's Meetings, Incentives, Conferences, and Exhibitions (MICE) industry. Their newly unveiled five-year plan, "TCEB Go," aims to elevate Thailand to the top ranks of preferred MICE destinations globally. This strategic roadmap prioritizes attracting high-caliber events while positioning Thailand as a leader in MICE innovation and sustainability. This initiative underscores Thailand's commitment to revitalizing its MICE sector and capitalizing on the post-pandemic travel boom. #Thailand #TCEB #MICE #StrategicGrowth #BusinessEvents

Did you know that Porto is the second most attractive European non-capital city for events? 🔍 Read all about it at https://bit.ly/46qAI51 #meetporto #events #meetings #meetingsandevents #destinationmanagementcompany #conferenceeventplanning #incentives #teambuilding #corporateevents #eventmanagementplatform #visitportoandnorth

𝗛𝗼𝘄 𝘁𝗼 𝗖𝗵𝗼𝗼𝘀𝗲 𝘁𝗵𝗲 𝗣𝗲𝗿𝗳𝗲𝗰𝘁 𝗠𝗜𝗖𝗘 𝗗𝗲𝘀𝘁𝗶𝗻𝗮𝘁𝗶𝗼𝗻 MICE is a key driver of economic growth, influencing industries on both national and regional levels. When selecting the perfect destination for MICE events, consider the following: 𝗩𝗲𝗻𝘂𝗲/𝗟𝗼𝗰𝗮𝘁𝗶𝗼𝗻 – Must accommodate attendees, be accessible, and provide convenient transportation. 𝗧𝗿𝗮𝗻𝘀𝗽𝗼𝗿𝘁𝗮𝘁𝗶𝗼𝗻 – Efficient and diverse transit options are essential for smooth event flow. 𝗔𝗰𝗰𝗼𝗺𝗺𝗼𝗱𝗮𝘁𝗶𝗼𝗻 – Proximity to the venue and major transport hubs is crucial. 𝗙𝗼𝗼𝗱 & 𝗖𝘂𝗹𝘁𝘂𝗿𝗲 – Unique local cuisine and nearby tourist spots can enhance the experience for attendees. 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗚𝗿𝗼𝘄𝘁𝗵 & 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 – A strong economy and government support can significantly boost the success of an event. Thailand, a thriving hub in ASEAN, checks all these boxes, making it a top MICE destination. #MICEDestination #Informamarkets #Informamarketsthailand #Organiser #Event #Exhibition #Tradeshow

Insider insights on MICE travel between Europe and Asia: While Asia sees mixed demand, Southern Europe remains a standout for incentive travel in 2024. Read more ➡️ https://ow.ly/AFXu30sG6Pn via Meetings & Conventions Asia #MeetingsAndEvents