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The beginning
Destination managment. All the meetings hosts were called ground handlers, it was the person who prepare everything for its guest before their airplanes arrives, they were in charge. -
DMC was coined in the USA
By Phil Lee, he give this name because they add parties and themed events as a guest programs to the previus program they had. -
Coming of Age: Economic boom
DMCP (Destination Managment Certified Profesional).
All about tourism popped up including meetings, conventions ans incentive travel industry and new companies emerged. -
Period: to
Recession
They had a lot of suppliers so they needed to reduce it. -
Consolidation
Aggressive national expansion and “corporatizing” of the destination management business through institutional investment and venture capital. -
Financial crisis
A lot of DMCs and event plannig companies had trouble to stay afloat, most of then had to close permanently. -
Globalization on the rise
Large meeting planning departments have been scaled down, and it has become more difficult for corporations to manage multiple suppliers across the country.