Worst Year Ever

Gecker, Rachel; Hall, Alison
March 2009
Financial & Insurance Meetings;Mar/Apr2009, Vol. 45 Issue 2, p22
Trade Publication
The article focuses on the concerns of hoteliers and suppliers to the meetings and incentives industry regarding the state of business in 2009. Among the issues raised are budget cuts, meetings cancellations and the impact of economic downturn. Companies are thinking of strategies to survive the economic crisis, such as giving emphasis on developing clients and making operational changes to cut budgets and keep their employees. Another result of the economic downturn which makes forecasting for 2009 difficult is shorter booking cycles. INSET: OPPORTUNITY KNOCKS?.


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