HPN Global CEO Bill Kilburg on Leadership, Relationships, and Playing the Long Game

2025 Meetings Industry Year-in-Review: What Record Growth Means for Your Next Event

The seller’s market is here—and going solo just got a lot more expensive.

The Market Shift Meeting Planners Can’t Ignore

“I’ve never seen a year like this.”

That’s HPN Global CEO Bill Kilburg describing 2025’s meetings industry performance. But this isn’t just industry cheerleading—it’s a warning signal for any meeting planner trying to navigate today’s venue landscape alone.

*What the data reveals:*

  • Industry contract volumes surged over 20% year-over-year
  • Professional intermediaries are processing deals at unprecedented velocity
  • Almost every market segment saw growth, not just luxury or corporate

Translation for meeting planners: You’re entering a seller’s market where venues have leverage, availability is tighter, and going it alone means paying premium prices for limited options.

But here’s the insight buried in those numbers: while the market got harder for independent planners, it got significantly easier for those working with the right partners.

 

January 2026: Why Your Spring/Fall Programs Are Already at Risk

If you’re planning a meeting for later this year and thinking “I’ve got time,” the early 2026 booking data suggests otherwise.

Top-tier venues and dates are being locked in at a pace 40-50% faster than historical January averages. Deals that would typically take weeks to close are happening in days. Seven-figure contracts are being signed in the first three weeks of January alone.

Industry insiders describe the pace as “blowing up right now.”

*What this means for you:*

  • Prime dates are disappearing faster – That October conference window you’re eyeing? Someone’s already negotiating for it
  • Less room for negotiation – When venues have multiple inquiries for the same dates, your leverage evaporates
  • Longer lead times are becoming mandatory – What used to require 6 months now needs 9-12 months
  • Going solo costs more – Without relationships and buying power, you’re paying rack rates in a seller’s market

 

Why This Market Is Different (And Harder for Independent Planners)

 

1. **Post-Pandemic Demand Has Peaked—While You’re Competing With Everyone Else**

The meetings industry isn’t just recovering—it’s expanding beyond pre-pandemic levels. Companies that delayed events for three years are now making up for lost time, compressing 5 years of meetings into 2-3 years of execution.

For independent planners, this creates a brutal reality: you’re competing with an unprecedented volume of inquiries for the same limited inventory.

Venues that used to respond within 24 hours? Now taking 3-5 days because they’re fielding 3x the normal inquiry volume. Your leverage in negotiations? Gone, because they have five other planners willing to accept their terms.

 

2. **Professional Execution Wins—Amateur Hour Gets Ignored**

The industry data shows something crucial: venues are becoming more selective about who they work with. They’re tracking which sources send them clean contracts, timely payments, and professional communication.

If you’re submitting contracts late, negotiating every minor detail, or creating administrative headaches, venues are simply… choosing to work with someone else. In a seller’s market, they can afford to be selective.

 

3. **Relationship Infrastructure Beats Transactional Negotiations**

The surge in contract volume didn’t come from aggressive rate negotiations or venues suddenly becoming generous. It came from partners who had invested in relationship infrastructure before they needed it.

When a planner with established venue relationships submits an RFP, they’re not just another inquiry in the inbox. They’re a known quantity with a track record. Their requests get priority review. Their negotiations start from a better baseline. Their contracts get processed faster.

Building that infrastructure while simultaneously executing your current meetings program? Nearly impossible for independent planners. By the time you need the relationship leverage, it’s too late to build it.

 

The Partner Performance Pattern You Should Demand

When evaluating whether to work with a meeting intermediary or venue sourcing partner, most planners ask surface-level questions: “What’s your commission?” or “Can you get me a discount?”

*Those are the wrong questions.*

The right question is: “Are you thriving in this market, or just surviving?”

Here’s why it matters. When reviewing performance data, successful intermediaries showed a specific pattern in 2025:

Broad-based growth across their entire team. Not just one or two superstar deal-makers carrying the load, but consistent performance improvements across the board. This signals:

  • Systematic processes that work (not reliant on individual heroics)
  • Deep venue relationships across multiple markets (not just a few preferred properties)
  • Proven ability to execute in competitive conditions (not just when it’s easy)

When a partner tells you “we had our best year ever,” dig deeper. Was it one big win, or was it dozens of professionals each improving their performance? The latter signals infrastructure you can rely on. The former signals luck.

 

The Execution Signal vs. The Capability Signal

Most intermediaries will tell you what they *can* do. The ones you should work with show you what they *have* done—recently and consistently.

Look for partners who can demonstrate:

  • Speed of execution: Are they closing deals faster than market averages? (In 2025, top performers saw velocity increases of 40-50%)
  • Volume capacity: Can they handle scale? (A 20%+ increase in contract volume shows they’re not maxed out)
  • Market access: Are they getting deals done when inventory is tight? (Early 2026 booking pace proves real-time market access)

 

What Working With the Right Partner Gets You in 2026

Access When Inventory Is Tight

In a seller’s market, “who you know” isn’t a cliché—it’s currency.

When venues are fielding multiple inquiries for the same dates, they prioritize:

  1. Partners with proven track records
  2. Sources that send them repeat business
  3. Intermediaries who make their jobs easier

If you’re approaching a venue cold, you’re competing against established partners who have relationship equity. Your inquiry goes to the bottom of the pile. Your negotiations start from rack rate. Your contract sits in the queue while theirs gets priority processing.

*A strong intermediary partner puts you at the front of that line.*

 

Negotiating Leverage You Can’t Build Alone

Let’s be direct: a planner doing 5-10 events per year has minimal leverage. A partner doing 500+ has a vendor management relationship.

When venues know an intermediary will send them consistent business across multiple clients, they:

  • Offer better rates upfront (less time wasted on back-and-forth)
  • Add value-adds they wouldn’t offer individual planners (room upgrades, F&B concessions, comp rooms)
  • Prioritize their requests during high-demand periods
  • Process contracts faster (because the relationship is worth protecting)

You can’t replicate that leverage as an individual planner. Period.

 

Professional Execution That Protects Your Reputation

The data shows that venues are increasingly working with partners they know will follow through professionally.

When you work with a professional intermediary:

  • Contracts get submitted on time (not sandbagged until year-end)
  • Payments process smoothly (no venue chasing your organization)
  • Communication is clear and timely (no lost emails or missed details)
  • Problems get resolved quickly (established escalation paths)

This might not sound exciting, but in a seller’s market, your reputation for professional execution determines whether you get access at all.

One contract submitted late, one payment dispute, one administrative headache—and that venue mentally downgrades your priority. A professional partner absorbs that operational burden and protects your access.

 

The 2026 Decision: Partner or Pay Premium

“I think we’re in good shape.”

That was the measured assessment from a partner thriving in this market. But notice the word: “we.”

The teams processing 20%+ more contracts and closing seven-figure January deals aren’t saying “everyone’s in good shape.” They’re saying *they* are.

*Because not everyone is positioned the same way.*

 

If You’re Planning Solo

You’re facing:

  • Tighter inventory competing against established intermediaries
  • Less negotiating leverage in a seller’s market
  • Slower response times as venues prioritize known partners
  • Higher rates because you lack volume buying power
  • More administrative burden as venues demand faster contract turnaround
  • Risk of being ghosted when venues have better options

 

If You’re Working With a Thriving Partner

You’re getting:

  • Priority access to inventory (relationship equity you can’t build in time)
  • Better rates from day one (volume leverage you don’t have alone)
  • Professional execution that protects your reputation (venues want to work with you)
  • Faster response times (your RFPs go to the front of the line)
  • Operational efficiency (they handle the administrative burden)
  • Market intelligence (they see trends across hundreds of bookings)

*The gap between these two experiences is widening, not shrinking.*

 

The Bottom Line: Evaluate Your Partner Position Now

The 2025 data tells a clear story: the meetings market is in a sustained bull cycle, built on genuine demand that’s rewarding professional execution and established relationships.

But that story has two sides:

For intermediaries with deep venue relationships, systematic processes, and proven execution, this market is incredibly productive. They’re closing deals faster, negotiating better terms, and getting priority access to inventory.

For independent planners without that infrastructure, this market is getting more expensive, more competitive, and more frustrating by the month.

The question isn’t whether opportunity exists in 2026—the January booking pace already confirms it does.

The question is: Are you positioned to capture it, or are you paying premium prices to compete for scraps?

 

What to Look for in a Partner

If you’re evaluating whether to bring in an intermediary or continue solo, ask potential partners:

  1. “What was your contract volume growth in 2025?” (If they’re not showing 15-20%+ growth, they’re not riding the wave)
  2. “What’s your average contract processing time?” (Speed signals relationship strength and operational efficiency)
  3. “Show me your January 2026 bookings.” (Proves they have real-time market access, not just historical relationships)
  4. “How many repeat venue relationships do you have?” (Volume with specific properties = real leverage)

If they can’t answer these with specifics, they’re not the partner you need for this market.

 

The Cost of Waiting

Every week you delay bringing in a qualified partner is a week that:

  • Prime dates get locked up by competitors
  • Venue relationships you’ll need for Q3/Q4 aren’t being built
  • You’re negotiating from a position of weakness
  • You’re paying rates that leave money on the table

“Fortune favors the brave.”

In this market, being brave doesn’t mean going it alone—it means choosing the right partner before you need them.

Because by the time you realize you need help, the best dates for your signature event are already gone.

 

HPN Global specializes in venue sourcing and partnership development for meetings and events across all verticals. Our 2025 performance—20%+ contract growth and seven-figure January bookings—reflects the relationship infrastructure and market access we bring to clients. Want to see what working with a thriving partner looks like for your next event? Let’s talk.