After American International Group’s cancellation of about 160 meetings, the question on the minds of many meetings industry observers is: How much will the company pay in cancellation fees for backing out of the events—estimated by AIG to be...
Meeting Strategies Worldwide Inc., a Portland, Ore.–based environmental consulting company specializing in the meetings industry, has launched a new Web site designed to help planners select green destinations for their groups. The site, www...
According to the annual “Global Business Travel Forecast and Trends” report, released October 22 by American Express Business Travel, airfares likely will decrease and hotel rates will hold relatively steady—but whatever happens in the air or on...
Recent airfare increases and the economic downturn are having an effect on corporate meetings and conventions. But how much of an effect? The National Business Travel Association surveyed its members recently to get a handle on the changes in the...
Most players in the besieged financial services industry have avoided the kind of public relations disaster experienced by American International Group for its ill-timed incentive program, which eventually resulted in the cancellation of 160...
Just days after insurance behemoth American International Group announced that it was being rescued by an $85 billion loan from the Federal Reserve, top-producing agents were checking into the luxury St. Regis Resort, Monarch Beach (Calif.), for a...
Cisco Systems Inc. has begun renting videoconferencing rooms to the public for one-off meetings, aiming to introduce its high-definition TelePresence conferencing system to small and midsize companies...
“This is an added value for the meeting and incentive market that we have been working on for five years,” says Hannan Zanzuri, CEO, Tax Back Mexico. As of June 2008, individual or group clients who purchased goods in Mexico could complete a form...
With the most comprehensive seminar program in its history, EIBTM will take place December 2-4 at the Fira Gran Via in Barcelona. The exhibition for the conference, incentives, events, business travel, and meetings industry, EIBTM attracts hosted...
One silver lining to the dark economic cloud is that the growing credit crisis and resulting travel cutbacks at many companies is likely to end the upward creep in airline fares, says Kevin Mitchell, chairman of the Business Travel Coalition, a...
