24. February 2020

MICE in the context of travel

The MICE market refers to a specialized niche of group tourism dedicated to planning, booking, and facilitating conferences, seminars, and other events, which is a big moneymaker in the travel industry.

MICE in the context of travel
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The term "MICE" in the context of travel is an acronym for meetings, incentives, conferences, and exhibitions. The MICE market refers to a specialized niche of group tourism dedicated to planning, booking, and facilitating conferences, seminars, and other events, which is a big moneymaker in the travel industry. Georgia as well has a great potential and resources to position the country as one of the best MICE tourism destinations.

 

 

The acronym has slowly been falling out of favor in recent years, as some industry professionals hope to move away from the affiliation with rodents. Instead, many now refer to this niche market as the meetings industry or events industry in tourism.

 

However, using MICE to refer to this industry is useful in that it encompasses every component of this particular travel market. Whether you're looking to organize a group outing for your company's employees (incentive) or you want to organize a big event focused on the latest innovations in your field (conference), MICE travel agents can help you book your itinerary. In Georgia you can also find a number of hotels and resorts which have infrastructure and services to hold such events.

 

IBF Batumi 2017

 

 

Components

MICE travel involves a number of components, and agents working in this field must provide a full range of travel and conference services for large and small groups and events of shorter and longer duration.

 

Personnel and businesses involved in the MICE market include corporate meeting planners, meetings and convention departments of hotels, conference centers or cruise ships, food and beverage managers, logistics firms, private tour operators and transfer companies, incentive houses, professional trade organizations, tourism boards, tourism trade associations, and travel-selling professionals.

 

Because of the organization and planning involved, typically, years in advance, MICE travel agencies are usually affiliated with large corporations. Destinations often market themselves as MICE locations and bid for events through their convention and visitor bureaus. They might be able to offer subsidies to attract large events because of the increased revenue the visitors provide through their economic impact on the host location.

 

Startup Grind 2019

 

 

The Different Types

When it comes to understanding which type of MICE travel you'll be booking with your agent, it's important to understand the different terms that comprise the acronym. While meeting and conference travel may sound similar, for instance, the slight differences between them will be important when explaining your needs to your agent.

 

Vimpelcom 2017

 

 

Meeting Travel

The International Association of Professional Congress Organizers defines a meeting as any number of people coming together in one place for a particular activity, which can be a one-time event or recur regularly. Simply put, meeting travel refers to organizing any number of people for such a meeting, which means it could also include a company sporting trip.

 

Forbes Gala 2020

 

 

Conference Travel

On the other hand, a conference is similar to a meeting in that it is a gathering of people coming together in one place, but conferences usually have specific objectives and exchanges of information. Therefore, conference travel involves organizing itineraries, meetings, and events for people from the same profession or field.

 

IBF Sales 2017

 

 

Incentive travel

Incentive travel may be one of the harder components of MICE travel to understand since it doesn't necessarily deal with group events. Instead, incentive travel is typically given to employees as a reward. Incentive travel doesn't usually have a business or explicit educational component but instead is more of a non-business vacation with the aim of continued motivation for performance.

 

IBF Batumi 2017

 

 

Exhibition Travel

At an exhibition, products or services are displayed, and they might be the primary focus of the event, which means that exhibition travel agents are those who organize such showcases. Exhibitions are often included in other conferences and meetings, though, meaning that there is often overlap between agents in these industries. Businesses court new clients and debut their latest offerings at these events.

 

GIZ TVET Days 2019

 

Global Events

A number of global events focus on MICE travel, especially the incentive niche, many of which are organized by Questex Travel Group (formerly MEET). Of the annual events, these are some of the most prominent in the industry around the world:

 

Global Meeting & Incentive Travel Exchange (GMITE): Formerly known as Incentive Travel Exchange (ITE), the next annual GMITE conference took place in Park City, Utah, in April of 2019.

Latin America Meeting & Incentive Travel Exchange (LAMITE): Working to connect business opportunities in Latin America, the next annual LAMITE event took place at the Planet Hollywood Beach Resort in Guanacaste, Costa Rica, on June 23 to 27, 2019.

Annual Singapore MICE Forum (SMF): Organized by SACEOS, the next installment of this Singapore MICE event has not been announced for 2019, but took place in July of 2018.

Caribbean Meeting & Incentive Travel Exchange (CMITE): The island version of the ITE event takes place from August 6 to 9, 2019, at the Santa Barbara Beach & Golf Resort in Willemstad, Curaçao.

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