For the first time in seven years, the board of directors of Meeting Professionals International (MPI) has voted to increase dues for supplier members, MPI Board Chair Eric Rozenberg announced recently on Engage, the official MPI blog.
"Even though our members are reporting a powerful business recovery, we face a growing demand from our community for more education and business opportunities, more professional development resources, a wider variety of programming and ways to meet the needs in emerging markets," Rozenberg wrote in his post, dated May 23, 2011. "We took a long, hard look at what our community needed and what investments had to be made for the future, and even asked consultants for a fresh perspective. After much analysis, feedback within our membership showed support from supplier members to step up and make an investment in the professional future of our community."
Effective July 2011, supplier dues will increase from $325 to $450.
"To put a perspective on the increase, it amounts to approximately one client dinner over the course of a year," Rozenberg continued. "While this is the first adjustment to dues pricing in seven years, MPI's member dues rate remains the lowest amongst the major industry associations."
MPI plans to use its additional supplier member dues revenue to fund education at the local chapter and international level.
"Our increased investment in chapter education will bring more planners to chapter functions, which provide more opportunities for our supplier members to meet and build lasting business relationships with MPI planner members," Rozenberg said. "This final step of our supplier members increasing their investment in our community enables us to support more education and build more diverse marketplace opportunities like those you'll see at WEC in July."
For more information about MPI's supplier dues increase, visit www.mpiweb.org/Membership/SupplierDues.