
September 2008 Trends Report: News from the National Association of Catering Executives
President's Message
Dear NACE Member:
While these are challenging economic times, I remain very optimistic about the catering and events industry.
In August, more than 700 people attended our national conference, Experience! 2008, in Philadelphia and the enthusiasm for our field was ever-present, and contagious.
I would like to thank the Philadelphia/South Jersey/Delaware chapter of NACE for being such gracious hosts and taking on the amazing endeavor of hosting the event. It's no easy task to host a conference of this magnitude and the chapter did an outstanding job.
Our conference focused on the catering and events industry and striving to become better event professionals. The strength of our industry is great and we are fortunate to be a part of it.
Why am I so optimistic -- even as consumers seek to cut costs anywhere they can, the catering and events industry will grow and expand because food is popular!
Fifteen years ago, the Food Network launched, and today, it is so widely accepted and admired that it is functioning as a talent incubator. It is one of cable's fastest growing networks. As Food Network stars quickly rise from cooks, to celebrities, to lifestyle gurus, they have given rise to a new genre of celebrity. They personify our industry and they spark new interest in food, design, and event planning.
In addition, the output of U.S. food services and drinking places, an economic indicator for catering services, is expected to increase at an annual rate of 4.3 percent between now and 2012. That's ahead of the national economy.
Many groups celebrating milestones are still spending large amounts to make their events memorable. Caterers that go beyond, to provide unique experiences, can capitalize on high dollar, high margin functions. Caterers can also grow their businesses beyond food to include event management, organizing exhibitions, seminars, conferences, and festivals that can be highly profitable.
Event planners are taking a cue from open air kitchen restaurants by placing chefs in full view of the public and creating entertainment, as well as dining. Finally, Americans are expanding their palates to try new and interesting food items. Caterers are capitalizing on this interest by increasing the complexity and price of food at their events.
NACE is a mirror of all this industry growth and optimism. In the last year, we saw growth in our membership of more than 30 percent. For the first time ever, we have more than 4,400 members!
Our members are capitalizing on the reality television trend too. The "Ace of Cakes", Duff Goldman, design star Scott Corridan, TV personality Sylvia Weinstock, Dinner Impossible's Marc Summers, Whose Wedding is it Anyway? Steve Kemble, Linnyette Richardson-Hall and Dan Smith from Party Line with the Hearty Boys are all proud NACE members. And we are proud of them!
What's more, NACE is contributing to the national discourse on event planning and economic trends. Our surveys and industry data are being reported by Time Magazine, CNN, NBC News, and many others.
Through its professional certification -- the CPCE, scholarships and educational programming, NACE is leading a fantastic industry that is growing and creating new opportunities every day.
If you are not yet a member, I encourage to become a part of the excitement that is the catering and events industry by joining NACE -- the oldest and finest professional association for caterers and event professionals.
NACE will help you establish professional contacts, excel at your job and enrich your career.
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