Michael Dominguez, vice president, global sales, Loews Hotels, knows something about canceled meetings. In February 2008, hotel industry research firm PKF Consulting projected a 3 percent increase in revenue per available guest room (RevPAR) for...
Airline passenger revenue fell 19 percent in February 2009 compared to February 2008, according to the Air Transport Association of America. February is the fourth straight month that passenger revenues have decreased on a year-over-year basis...
It wasn’t an apology, but White House Press Secretary Robert Gibbs did clarify remarks made last month by President Obama relating to corporate meetings and incentives. The remarks upset local leaders in Las Vegas, including Mayor Oscar Goodman...
The Greenbrier Resort in White Sulphur Springs, W.V., is the latest luxury property to get hit by the recession. After 231 years in operation, the 721-room resort filed for Chapter 11 bankruptcy protection on March 19. Marriott International, Inc...