Business Travel’s Resurgence is Upending Event Tech Platforms

Skift Take

Virtual events don’t seem to be cutting it anymore in the emerging, post-pandemic world, but business travelers should think twice before throwing away their headsets.

The “recoil” in demand for in-person meetings is hitting event technology platforms and contributing to the current downturn, experts argue — with some organizers intentionally switching them off. But there are still plenty of reasons why businesses should refrain from pulling the plug altogether.

Virtual event platforms including Hopin and Bizzabo have been laying off hundreds of employees in recent weeks, after raising hundreds of millions of dollars during the pandemic.