In this guide, we’ll answer what is MICE and share how to plan MICE tourism events for your corporate.
What is MICE, and why does it matter? You may already be familiar with this common business travel acronym. And if not, there’s no better time to learn more about an industry that will be worth a projected $2.5 trillion by 2035. For corporate travel managers and event organizers alike, it’s worth taking a deeper look at what MICE involves to better manage the user experience at every stage of the journey.
A successful event not only incorporates inspiring content and innovative technology to keep attendees entertained. It also involves aspects of venue sourcing, financial management, and marketing strategy. In this guide, we’ll start by answering what is MICE in tourism, before diving deeper into the details of its lifecycle. Following our roadmap, you’ll be ready to budget, plan, arrange and troubleshoot MICE events, while supporting your traveling workforce along the way.
The acronym stands for meetings, incentives, conferences, and exhibitions, covering the primary drivers of global business travel. Objectives within the industry might include everything from talent retention and relationship building to problem solving, all with company growth at the forefront.
Let’s break down these four different types of events to better understand how they might fit into your travel program and growth strategy.
Meetings are the most common event type within the MICE tourism industry, accounting for 39% of revenue share in 2024. They may be large, such as an annual general shareholder meeting, or small, consisting of a single department or group of senior executives.
This type of event usually takes place in a single day, bringing together working professionals to discuss strategy, set goals, or solve problems. Venues typically range from hotel meeting rooms to convention centers, depending on the audience size.
Incentives are often trips granted to employees as rewards or recognition for a job well done. They’re also used by business leaders to increase employee loyalty or as part of a talent acquisition strategy.
According to the 2024 Incentive Travel Index, 81% of senior leaders use incentive travel as a tool for employee retention, while 70% believe it’s a strategic motivator for Millennial and Gen Z workers in particular.
Incentives may take the form of all-inclusive team-building getaways, wellness-oriented company retreats, or attendance at local events.
Like meetings, conferences gather working professionals or stakeholders together over a common interest. However, they’re typically arranged on a larger scale, often spanning multiple days and held at convention centers or entertainment venues.
While some conferences might bring together departments from a single organisation, others involve multiple organisations from the same industry or may even sell tickets to the public.
Schedules blend seminars and workshops with panel discussions, subject expert talks, keynote lectures and product trials.
Often called trade shows, exhibitions are large gatherings for attendees and exhibitors, usually from a specific industry or target market. They showcase key products or services within this market, hands-on displays and product demos interspersed with keynote speakers and how-to workshops.
Exhibitions span several days to a week, held within the largest venues including arenas and convention centers. They may be B2B or B2C in nature, drawing professionals and members of the public who are interested in learning more about cutting-edge technologies and solutions.
The objectives of MICE tourism depend on the type of event, whether it’s engaging employees with incentives or launching products with exhibitions. Here are just a few of the main objectives:
Training, celebrating, or networking, the prime objective of planning MICE events is to bring individuals together with a memorable experience.
Whether you’re planning a small get-together between department heads or a complex industry-specific trade show, there are a few essential components to consider. Here’s how to plan a successful MICE event, from start to finish.
As with any aspect of corporate travel planning, the process begins with clear, measurable objectives. Ask and answer questions including:
Discuss your goals with relevant stakeholders, including your financial planning department and senior leadership team, to quantify why this event needs to happen.
Once you have your goals in mind, the next stage is to develop a realistic budget for your event. First, identify all possible expenses:
Then, research the going market rates for each expense category. Look not only at the listed quotes from suppliers, but also at the total cost for previous events to gain a realistic overview. Try answering a few questions with our savings calculator to identify areas where you can reduce spend.
Location sets the stage for a positive and memorable business travel experience. Whether you’re planning an incentive ski trip or global tech conference, research destinations carefully to find the right fit.
Consider factors including the following:
Traveler Accessibility: Is the destination well connected, with direct flights or train routes, efficient local transportation, and an international airport close at hand?
Venue Facilities: Are there small meeting rooms and large-scale exhibition halls? Do venues come equipped with MICE tourism must-haves like breakout areas, cutting-edge AV capabilities and high-speed internet?
Affordability: Does the destination fit into your budget constraints? Does it provide excellent value for money, considering the costs of flights, catering, venues, and accommodation? Are all-inclusive packages available?
Security: Attendees will feel safest in a destination that’s politically stable with low crime rates.
Bleisure Appeal: Will attendees be excited to visit this destination? Whether it’s cultural attractions, natural scenery or adventurous experiences, there should be a hook to inspire your visitors beyond the meeting rooms.
Cultural Compatibility: The best destinations align with your audience’s language preferences and comfort levels, being welcoming to visitors from all over the world.
Part of researching a destination is ensuring it has adequate venues to choose from. Next, you’ll need to narrow down the options. We’ve already mentioned the need above for:
Now it’s time to investigate further, considering the additional aspects of capacity and availability. Will the venue comfortably fit your intended audience? It should have enough space for hosting all exhibitors, attendees, and special guests.
In the case of conferences and trade shows, you’ll also need adequate space for presentations, registrations, and networking events. Look closely at building layouts and conduct site visits where possible to better visualize your configurations and optimize flow.
Make a shortlist of all suitable venues before writing requests for proposals (RFPs) listing all requirements. Once you’ve received proposals from the venues, you can evaluate them according to a custom checklist to find the best fit.
With the venue booked and vendors lined up, you’re ready to focus on marketing efforts. Small, internal meetings and incentives trips are best advertized with interoffice emails and announcements.
But when you’re planning a larger conference, advertising is essential. For best results, keep your target audience in mind through every step of this process. Which social media channels do they use? Are they comfortable with digital outreach or more traditional communication methods? Reach out through a diverse range of touchpoints:
Schedule automated reminders to keep attendees informed and build excitement for your event.
Set up team booking guidelines, spending limits and contact information with this simple online tool.
Using MICE event management software and apps not only streamlines the full planning process, but it also can increase ROI. In fact, the majority (91%) of event planners noted a positive ROI on their efforts when using this type of tech tool.
First, event management tools save time on planning by allowing you to manage all aspects from a single tool. When combined with mobile apps for attendees, they also give access to behavioral data like session attendance, engagement metrics, and satisfaction rates. This helps fine-tune your strategic decisions for future events, creating a smoother experience while cutting unnecessary costs.
Automated event management software takes time-consuming manual tasks out of the process. By automating tasks like registration, ticketing, and scheduling, you’ll be able to spend more time on delivering a standout experience for business travelers.
While event management software keeps organizers abreast of logistics, mobile MICE apps keep participants engaged with events as they unfold. Users can personalize plans, network with fellow attendees, and navigate conferences with interactive tools.
Of course, free travel management solutions like Tripeden.com for Business also help facilitate the MICE planning process, all while ensuring you stay within budget. Use filters to narrow down accommodation by location, facilities, and type to find options that meet your constraints. You’ll also be able to search for business flights and car rentals from a single dashboard, keeping travel logistics in one place for smoother management and cost control.
One of 2025’s biggest trends in corporate events is personalisation. Facilitated by data gleaned from corporate event management software, mobile apps, and their associated algorithms, you can provide perfectly tailored content that meets traveler preferences.
Think personalized hotel recommendations, location-based travel tips, and custom agendas for each user. Here are a few further tips to keep audiences engaged on the day:
At the conclusion of your MICE event, send out a survey to find out what worked, and what didn’t. If you’ve created social media channels specifically for this event, keep them open for some time to facilitate conversations and connections among returning guests. Ask for attendees to share their experiences to generate interest in follow-up sessions, particularly if this is a recurring event.
Using digital tools keeps your audience engaged. It also gathers data throughout the process for future analysis and adjustment. Using event KPIs like attendee engagement, attendance, and satisfaction, you’ll be better poised to refine your strategies for next time.
MICE management can be complex, whether you’re planning an event or simply booking group business travel to a conference or exhibition. From budget constraints to logistical issues, using the right tools ensures better compliance.
This starts with a real-time overview of traveler movements and bookings. Traxo integration allows you to capture all bookings in one place for better management and control.
At the same time, attendees of MICE events are choosy about their venues. In a recent survey, 70% of participants listed an event’s venue as a determining factor for confirming attendance, with 30% stating it is the decisive factor. It’s essential for travel managers to have a vast range of inventory at their fingertips to better manage business traveler expectations.
With Tripeden.com for Business, you’ll be able to access over 3 million accommodation options, 380 airlines, and 200 car rental brands to create suitable itineraries.
The MICE industry provides valuable opportunities for networking, knowledge sharing and relationship building. Yet planning these events comes with logistical challenges. As a travel manager, you’ll first need to create itineraries that meet business traveler needs as well as compliance requirements. You’ll also need to create events that inspire attendees while meeting corporate objectives.
It’s a tall order, but you can bring fresh appeal to meetings, incentives, conferences and exhibitions with today’s tech tools. From gamified mobile apps to post-event surveys, collect data at every step to improve your attendees’ experiences using real-time analytics and business travel KPIs. Then, with SME travel management platforms like Tripeden.com for Business, you can cater for preferences at each destination while staying within budget.
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