Meetings are increasingly important to hotels' bottom lines. So reported keynote speaker Bjorn Hanson, a noted lodging analyst with PricewaterhouseCoopers, at the Professional Convention Management Association annual meeting in early January. Hanson said group business accounted for 27 percent of profits at full-service hotels in 2002 — up from 20 percent in 2000. In fact, in many major cities last year, the group rate was higher than transient rates. (Hanson's full report is available at ...

Register for Complete Access (Valid Email Required)

By registering on MeetingsNet now, you'll not only gain access to With Hotels Hurting, Meetings Matter, you'll get exclusive access to a large archive of premium content.

Already registered? here.