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Monday, September 28, 2026Research

The Business·Up at Night

The budget meeting, where every event has to earn its place again

Event budgets in 2026 are sorting into winners and losers, and which side a program lands on is often decided by the evidence carried into one meeting with finance.

Illustration: The Guest List

The headline number from Forrester's 2026 events survey looks like good news. Thirty-seven percent of B2B organizations are increasing event budgets this year, up from 29% the year before (Forrester, 2026). Read one line further. Thirty-one percent report declines, exactly the same share as last year.

So the market is sorting more than it is growing. More teams are getting more money, and just as many are still losing it. For a field marketer, the uncomfortable implication is that the outcome gets decided program by program, usually in a single meeting with finance, and usually on the strength of whatever you brought with you.

That meeting is the subject of this installment.

The arithmetic before anyone speaks

Start with the envelope. Marketing budgets sat at 7.7% of company revenue in 2025 and 7.8% in 2026, according to Gartner's CMO Spend Survey (Gartner, 2025; Gartner, 2026). That is flat by any reasonable definition. And 56% of CMOs say their 2026 budget is too small to deliver the strategy they have been handed (Gartner, 2026).

Events sit inside that envelope and feel the squeeze from both sides. Forrester's 2025 data found 69% of B2B events leaders working with flat or reduced budgets, with 16% absorbing cuts of more than 10% (Forrester via Marketing Week, 2025). Among field marketers specifically, half expect flat budgets and a net 9% expect cuts (Forrester, 2025).

Meanwhile the cost of putting people in a room keeps climbing. Skift Meetings research found 80% of corporate planners have seen costs rise at least 5% year over year, while about half are working with flat budgets (Skift Meetings, 2026). More than 70% of meeting professionals expect per-attendee costs to rise again in 2026 (Amex GBT via Business Travel News, 2025). Rod Siebels, a director at Hitachi Vantara, put it plainly to Marketing Week: "Event costs have gone up 40% to 50% since the pandemic... we were charged $95 [for coffee]."

A flat budget in that environment is a cut. Everyone in the budget meeting knows it, including the person across the table.

Who is across the table

That person is often from finance, and finance does not arrive neutral. In Gartner's survey of senior marketing leaders, CFOs were the executives most skeptical of marketing, at 40%, narrowly ahead of CEOs at 39% (Gartner, 2024). Nearly half of CMOs (47%) said marketing is perceived as an expense rather than a strategic investment.

Events are an easy target inside that frame. They are large, lumpy, visible line items. "Events remain one of the largest line items in marketing budgets, yet marketeers are under increasing pressure to do more with less," Forrester principal analyst Conrad Mills told Computer Weekly (Computer Weekly, 2025). A CFO scanning a spreadsheet sees a hotel contract and a catering bill long before seeing a closed deal.

The measurement record does not help. Only 44% of B2B organizations measure event impact at all, and 30% say they struggle to show impact even with metrics in hand (Forrester, 2026). Bizzabo, an event platform vendor, reports that nearly half of organizers struggle to connect event activity to pipeline progression and revenue (Bizzabo, 2026).

What separates the teams getting more

The research does not say precisely why some programs grew while others shrank. It does offer a pattern. Forrester found that high-performing organizations, those beating revenue goals by 10% or more, put 63% of event budgets into owned and hosted events (Forrester, 2025). And 63% of B2B organizations plan to run more hosted events of under 20 people in the next year, against 18% planning more large hosted events (Forrester, 2026).

Small owned formats have a measurement advantage that is easy to miss. You control the guest list, so you know exactly who was there. You can name the accounts. That makes a dinner far easier to defend line by line than a sponsorship whose main output is a badge-scan file.

Bizzabo CEO Eran Ben-Shushan describes what leadership now asks for: "Attendance is no longer the primary signal leadership looks for. Executives want to understand what changed in the business as a result of the event, including opportunity progression, expansion influence, and sales cycle velocity" (Bizzabo, 2026). He sells event software and has an interest in the point. It still matches the questions finance tends to ask.

How to walk in with evidence

None of what follows requires new software. It requires doing the work a week before the meeting rather than the night before.

  1. Bring accounts instead of headcount. For each event in the past year, list the accounts that attended, how many were on the target account list, and how many had an open opportunity at the time. A 20-person dinner with 14 target accounts and six open opportunities is a stronger line item than a 400-person reception, and the list makes that obvious without a slide full of adjectives.

  2. Price each event per account. Divide each event's all-in cost by the number of target accounts that showed up. Cost per head punishes the executive dinner. Cost per account often flips the ranking, and it is arithmetic finance can check for itself.

  3. Leave the survey numbers at the door. Splash, a vendor, found that 52% of marketers attribute at least half their closed-won deals to events (Splash, 2025). HockeyStack, another vendor, found events credited with about 6.5% of closed deals under linear attribution across 198 B2B SaaS companies (HockeyStack, 2025). The studies use different samples and methods, so they are not directly comparable. But a CFO who has seen the second kind of number will discount anyone quoting the first. Bring your own opportunities, by name.

  4. Cut before you are cut. Rank your programs and walk in with the bottom tier already marked for removal or redesign. It signals that you manage a portfolio rather than defend territory, and it lets you choose which events go.

  5. Agree the measure before you argue the money. Ask finance, in advance, what evidence would justify next year's number. If the answer is accounts engaged and opportunities progressed, you now have a brief for the year. If the answer is closed revenue with last-touch credit, you have learned something important about how the next meeting will go.

The part that stays uncomfortable

A well-built evidence file will not settle everything. Hosted events influence deals that take months to close, and much of that influence never shows up cleanly in a CRM. The defensible position is to show what you can count, say plainly what you cannot, and resist inflating the second to cover the first.

No survey tells us what the 37% who won bigger budgets carried into their meetings. But a team that can name who came, what those accounts were worth and what happened next is in a stronger position than one that cannot. That list takes about a week to build. The meeting takes an hour.

Sources

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