The global recession hit the international meetings industry hard, and its effects promise to be felt for years to come. How to make the best of it right now? Get booking.
For the global meetings industry, 2009 represents the best of times and the worst of times. In the category of “worst”: The global air transport industry will lose $4.7 billion this year, according to the International Air Transport Association. Looking ahead, Giovanni Bisignani, IATA's director general and CEO, says, “Expecting a significant recovery in 2010 would require more optimism than realism.” Based on 500,000 interviews with business and leisure travelers in 58 countries, ...
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