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Event RFPs surge to 113% of 2019 as group rooms and event jobs lag

Planners are asking for more future events than before the pandemic, but booked room nights have not moved in a year. That 21-point gap is a staffing pipeline, landing on a sector that still has fewer direct event jobs than in 2019.

Abstract illustration of a swarm of colored shapes pouring into a wide funnel that narrows to a thin band.

Planners are asking venues and hotels to bid on more future business events than they did before the pandemic. Requests for proposals (RFPs) reached 113% of 2019 levels in the Events Industry Council's Q2 2026 Global Business Events Barometer, prepared with Oxford Economics and published October 21, 2026. Global hotel group room demand, the measure closer to confirmed events, sits at 92%, unchanged from a year earlier.

At a glanceRFPs climbed from 101% of 2019 in Q1 to 113% in Q2. Group rooms held at 92% in both quarters.Direct event jobs stood at 9.7 million in 2025. Oxford Economics forecasts 10.4 million by 2028, still short of 2019.In Q1, the latest regional data, North America's RFPs were at 124% of 2019 and its room nights at 96%, tied with Latin America for the strongest room recovery.Corporate events and trade shows together account for 57.6% of direct spending worldwide.

That 21-point gap is the main trend in the 2026 data, and it lands on hirers. Events in the RFP stage today will need registration, catering, security and floor staff once they are contracted, yet EIC's economic study shows direct event jobs still below 2019 even as direct spending runs 12.2% above it.

For hirers, the gap reads as a pipeline: the staffing work arrives when those requests become contracts, not when the RFP goes out.

About this dataBoth EIC data sets are global. The Q2 Barometer release gives no regional breakdown and no sample or survey detail. EIC says the Barometer draws on data from Amadeus MeetingBroker, Cvent, STR and the Center for Exhibition Industry Research (CEIR), so read the RFP and room-demand figures as directional signals, not precise counts. The Economic Significance Study covers more than 180 countries and counts business events as gatherings of 10 or more participants, lasting at least four hours in a contracted venue; social, formal educational and recreational events are excluded. Neither source tells you what is happening in one US city.

Five trends in the event industry stand out this year. Each rests on a dated figure from EIC's research with Oxford Economics.

RFPs for future events run 13% above 2019

  • 113%RFPs vs 2019

The RFP figure is the forward-looking number. An RFP is a planner asking venues and hotels to bid on an event that has not happened yet, so RFP volume shows what is being planned, not what is taking place now.

The jump is recent. In EIC's Q1 2026 Barometer, released in June, overall RFP activity stood at 101% of 2019, with RFPs for events more than 12 months out at 122%. Group room nights were at 92% then too, so RFPs rose 12 points in one quarter while rooms held still.

Adam Sacks, President of Tourism Economics, an Oxford Economics company, explained the split in EIC's Barometer release:

While current group room demand remains below pre-pandemic levels, the strength of RFP activity points to a sustained pipeline of future events.
Adam Sacks, President, Tourism Economics (an Oxford Economics company)
Source: EIC Q2 2026 Global Events Barometer Signals Strong Future Demand Amid Economic Uncertainty, Events Industry Council, 2026

Group room demand is stuck at 92% of 2019

  • 92%Group room demand vs 2019

Group room demand is the backward-looking check. It measures rooms booked by groups, which sits closer to events that are confirmed. At 92% of 2019, it has not moved in a year.

More requests and flat room demand can both be true. Planners may be sending more RFPs per event, shopping more venues, or holding events that need fewer hotel rooms. The release does not say which.

EIC President and CEO Amy Calvert framed the split this way: "We cannot ignore the economic and geopolitical realities shaping our world. Yet even in this environment, organisations are choosing to invest in bringing people together."

Source: EIC Q2 2026 Global Events Barometer Signals Strong Future Demand Amid Economic Uncertainty, Events Industry Council, 2026

Direct spending has passed 2019 by 12.2%

  • US$1.3TDirect spending, 2025
  • 1.65BParticipants
  • +12.2%Direct spending vs 2019

The 2026 Global Economic Significance of Business Events Study, prepared by Oxford Economics with 2025 data, counts 1.65 billion participants and US$1.3 trillion in direct spending, or US$785 per participant. The 12.2% rise over 2019 comes from the study's May 2026 executive summary.

Direct and total figures are easy to mix up. Direct spending is what participants and organizers spent. Total impact adds the supply chain and the wider spending those jobs create: each US$1.00 of direct spending generated another US$1.37 in indirect and induced spending, according to the full study released in July 2026.

Source: EIC Releases 2026 Global Economic Significance of Business Events Executive Summary, Events Industry Council, 2026
Business events worldwide, 2025: direct vs total impact
MeasureDirectTotal incl. indirect and induced
Spending / business salesUS$1.3 trillion (spending)US$3.1 trillion (business sales)
GDPUS$759 billionUS$1.8 trillion
Jobs9.7 million24.2 million
Source: EIC Releases 2026 Global Economic Significance of Business Events Executive Summary · As of May 2026

For US hirers, the closest the data gets is a regional split reported by PCMA Convene. North America accounted for US$487.7 billion in direct spending in 2025, about 37.5% of the global total by our calculation. That figure covers the whole region, not the US alone.

The latest regional Barometer figures come from the Q1 2026 edition: North America's RFP activity was at 124% of 2019 and its hotel group room nights at 96%, level with Latin America for the strongest room-night recovery. US hotel data points the same way. US hotel group demand grew 2.4% year over year through June 2026, to 129 million room nights, according to CoStar figures reported by Hotel Online.

Direct spending by region (US$ billions)2025, direct spending
  1. North America487.7
  2. Asia352.8
  3. Western Europe328
  4. Latin America and the Caribbean42.6
  5. Central and Eastern Europe34.1
  6. Africa25.8
  7. Middle East21.1

Source: New EIC Study Measures the Global Economic Significance of Business Events · As of Aug 2026

Direct event jobs are still below 2019

  • 9.7MDirect jobs, 2025
  • 10.4MDirect jobs forecast, 2028

Oxford Economics forecasts direct spending of US$1.6 trillion by 2028, 6.7% average annual growth from 2025, and about 10.4 million direct jobs. Even that 2028 job figure is only within 4.1% of 2019 employment.

Spending has passed 2019. Direct employment has not, and on this forecast it will not fully catch up by 2028.

Source: EIC Releases Full 2026 Global Economic Significance of Business Events Study, Events Industry Council, 2026

Corporate events lead direct spending at 43.8%

  • US$566BCorporate events
  • US$178.5BTrade shows

For anyone tracking corporate event trends, the headline is scale. Corporate events took US$566 billion in direct spending in 2025, 43.8% of the global total, according to PCMA Convene's report on the study.

Conferences and congresses followed at US$383.2 billion (29.7%), trade shows at US$178.5 billion (13.8%) and incentive events at US$86.6 billion (6.7%). These are global totals; Convene gives no breakdown by event type for North America.

Source: New EIC Study Measures the Global Economic Significance of Business Events, PCMA Convene, 2026

Plan staffing around the pipeline, not the room count

This section is our analysis, not an EIC finding. No source here measures event staffing demand directly.

If RFPs stay ahead of room nights, a share of today's requests will turn into contracted events over the coming quarters, and each one needs people on the floor. With direct jobs still below 2019 while spending has passed it, the labor side of the sector has less slack than the spending numbers suggest.

What this means for staffing
  1. Track your own RFP-to-contract rate. Global RFP volume is a signal. Your conversion rate is the number you can staff against.
  2. Lock core roles early for the biggest categories. Corporate events (43.8%) and conferences and congresses (29.7%) are the largest categories by direct spend; trade shows add 13.8%. Book registration staff, event security and AV technicians as soon as a contract is signed.
  3. Check local pay before you budget. Global figures will not tell you what a bartender or banquet server costs in your city. Read how staffing agencies price event staff before you set a budget.
FAQ
What are the biggest event industry trends in 2026?
RFP activity for future business events is at 113% of 2019 levels, while hotel group room demand is at 92%, unchanged year over year, according to the EIC Q2 2026 Barometer. Demand for future events is running ahead of confirmed room bookings.
What are the main corporate event trends in 2026?
Corporate events are the largest category by direct spending: US$566 billion in 2025, or 43.8% of the global total, according to PCMA Convene's report on the EIC study. Conferences and congresses follow at 29.7%.
How big is the business events industry?
The EIC's 2026 Economic Significance Study counts 1.65 billion participants and US$1.3 trillion in direct spending in 2025. Including indirect and induced activity, the sector supported 24.2 million jobs worldwide.
Is this data specific to the United States?
No. Both EIC data sets are global. The closest regional figures are North America's US$487.7 billion in direct spending in 2025, and, in the Q1 2026 Barometer, North American RFP activity at 124% of 2019 and group room nights at 96%. All of these cover the whole region, not the US alone.
Has event employment recovered to 2019 levels?
Not yet. Oxford Economics forecasts about 10.4 million direct jobs by 2028, still within 4.1% of 2019 employment, while direct spending is already 12.2% above 2019.

Final words

The 2026 numbers show more events being planned than before the pandemic, and fewer of them confirmed in hotel rooms so far. For hirers, that gap is the staffing pipeline. Staff to the events you have under contract now, and keep a plan ready for the RFPs that convert. For a role-by-role view, start with what event staff do, or find more on the events industry.

Sources
  1. 1EIC Q2 2026 Global Events Barometer Signals Strong Future Demand Amid Economic Uncertainty — Events Industry Council, 2026
  2. 2EIC Releases 2026 Global Economic Significance of Business Events Executive Summary — Events Industry Council, 2026
  3. 3EIC Releases Full 2026 Global Economic Significance of Business Events Study — Events Industry Council, 2026
  4. 4New EIC Study Measures the Global Economic Significance of Business Events — PCMA Convene, 2026
  5. 5Barometer Reports Strong Long-Term Confidence in Global Business Events Despite Near-Term Uncertainty — Events Industry Council, 2026
  6. 620 Stats Every Hotel Group Sales Team Should Know to Prepare for 2027 — Hotel Online, 2026
Emma S., Industry AnalystEmma S. reads the event industry news so you don't have to, then explains what each story means for the people who work and hire for events.
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