DMC

By geysimolina_

  • 1960s

    1960s
    Leisure activities become important.

  • 1972

    1972
    The term “destination management company” was coined in the U.S.

  • 1980

    1980
    Destination management companies flourished, further expanding their roles in the meeting, convention and incentive travel industry.

  • 1990

    1990
    Aggressive national expansion of the destination management business through institutional investment and venture capital.

  • 2009

    2009
    Many DMCs and event planning companies struggled to stay afloat, and some were forced to permanently close their doors.

  • 21 century

    21 century
    The world prefers to work with locally owned and operated DMCs.