Which of the following groups is NOT considered part of the SMERF market?

The SMERF market refers to a specific segment within the hospitality and marketing industry that includes Social, Military, Educational, Religious, and Fraternal groups. Each of these components represents a distinct audience that can host events, conferences, and gatherings in various hospitality venues.

When considering the groups listed, "Social events," "Military gatherings," and "Educational conferences" all fall directly into the categories defined by the SMERF acronym. Social events typically involve gatherings for celebratory purposes, Military gatherings cater to service members and veterans, and Educational conferences concern institutions or organizations focused on academic pursuits.

On the other hand, "Economic forums" do not fit within the SMERF classification. Economic forums are generally more aligned with business interests, corporate gatherings, or industry-specific discussions, which fall outside the scope of the SMERF market. This distinction highlights the unique nature of the SMERF groups, which emphasize personal, community, and organizational ties rather than commercial or economic agendas.