TWO HOTEL COMPANIES have taken a radical step to spur bookings in an uncertain economy: Eliminate risk for their meeting clients. In early February, InterContinental Hotels & Resorts, Atlanta, announced that contracts signed in February, March, and April for meetings that will take place before the end of the year in its U.S. and Canadian properties would not face any cancellation or attrition fees. Two weeks later, Hong Kong-based Shangri-La Hotels and Resorts announced a similar ...

Register for Complete Access (Valid Email Required)

By registering on MeetingsNet now, you'll not only gain access to Two Chains Make Big Promises, you'll get exclusive access to a large archive of premium content.

Already registered? here.