A new trade show for the U.S. meetings and incentives market will debut in Baltimore in 2010: the Americas Incentive Business Travel and Meetings Exhibition...
“It’s chaos right now. Every day is a new adventure. There’s nothing in the handbook about weathering an economic downtown, in an election year, with a war on. It’s just a very different time,” says Maura Gast, executive director at the Irving ...
After several days of being heavily criticized for holding a lavish incentive travel program just days after receiving an $85 billion loan from the federal government, AIG today canceled an upcoming incentive program at the Ritz-Carlton, Half...
Meeting Professionals International has announced the dates and locations for its upcoming World Education Congresses through 2013 and for its MeetDifferent conferences (formerly MPI’s Professional Education Conference-North America) through 2010...
Financial & Insurance Conference Planners has issued a special report to members, advising them to be calm—and creative—in response to the crisis on Wall Street and within financial services companies...
In the wake of the financial crisis, future hotel development will slow to a crawl and we’re likely to see a significant slowdown in all types of travel, says Sean Hennessey, CEO of Lodging Advisors LLC, a hotel consulting company in New York City...
Alarm bells went off in the financial services industry with the onset of the subprime mortgage fiasco in 2007 and the subsequent collapse of Bear Stearns in March of this year. More recently, with the failure of Lehman Brothers, the takeover of...
The hotel industry will continue to feel the effects of the economic downturn into 2009 when occupancy rates will bottom out, according to a new report by PKF Hospitality Research...
While the nation’s attention has been focused on economic turmoil and the bailout bill, Congress has also been dealing with items affecting business travel and the hospitality/meetings industry...
Attendance at the 2008 Motivation Show, held last week at Chicago’s McCormick Place, reflected the jitters the entire nation was feeling over the failure of some of the country’s largest financial institutions. While pre-registration was up over...
